Before you check on India betting sites reviews and think about which teams you’ll be betting on for the next season, there are still important events that will help us get to the much-awaited league including the IPL 2022 Mega Auction.
What We Know About the Auction So Far
The IPL has not yet released the exact date of when this important event will be but reports suggest that it will take place before December 2021 ends or in the first week of January 2022. The eight old teams have already locked in their retention list but there is still much to happen on the Mega Auction itself. So far, here are the teams that released the names of the players they will be retaining and how much they spent on them:
Delhi Capitals
Rishabh Pant – Rs 16 crore
Axar Patel – Rs 12 crore
Prithvi Shaw – Rs 8 crore
Anrich Nortje – Rs 6 crore
Sunrisers Hyderabad
Kane Williamson – Rs 14 crore
Abdul Samad – Rs 4 crore
Umran Malik – Rs 4 crore
Royal Challengers Bangalore
Virat Kohli – Rs 15 crore
Glenn Maxwell – Rs 11 crore
Mohammed Siraj – Rs 7 crore
Punjab Kings
Mayank Agarwal – Rs 12 crore
Arshdeep Singh – Rs 4 crore
Kolkata Knight Riders
Andre Russell – Rs 12 crore
Varun Chakravarty – Rs 8 crore
Venkatesh Iyer – Rs 8 crore
Sunil Narine – Rs 6 crore
Rajasthan Royals
Sanju Samson – Rs 14 crore
Jos Buttler – Rs 10 crore
Yashasvi Jaiswal – Rs 4 crore
Chennai Super Kings
Ravindra Jadeja – Rs 16 crore
MS Dhoni – Rs 12 crore
Moeen Ali – Rs 8 crore
Raturaj Gaikwad – Rs 6 crore
Mumbai Indians
Rohit Sharma – Rs 16 crore
Jasprit Bumrah – Rs 12 crore
Suryakumar Yadav – Rs 8 crore
Kieron Pollard – Rs 6 crore
It is known that the salary purse for all teams for the auction has already been increased to Rs 90 crore. The eight teams were given the option to retain as many as four players or even none at all. However, there are rules to stick to regarding the deduction from their salary purse when it comes to how many players will be retained. The teams with fewer players retained will have more budget in the purse during the auction.
Here’s how much the purse of each team has after the retention period:
Delhi Capitals – Rs 47.5 crore
Sunrisers Hyderabad – Rs 68 crore
Royal Challengers Bangalore – Rs 57 crore
Punjab Kings – Rs 72 crore
Kolkata Knight Riders – Rs 48 crore
Rajasthan Royals – Rs 62 crore
Chennai Super Kings – Rs 48 crore
Mumbai Indians – Rs 48 crore
Both Lucknow and Ahmedabad still have a purse of Rs 90 crore which will change once they have already picked three players for their respective teams.
Part of the retention rules is that the two new franchises which are Lucknow and Ahmedabad can get 3 cricketers: 1 overseas and 2 domestic players. The three players can be picked from the list of players who weren’t retained by the eight franchises. Both teams have until December 25 to submit their list.
More About the Two New Teams
It took a while before the talks that two new teams will be added into the league have come to reality. Originally, this was supposed to be implemented on the 2021 season but the pandemic has hindered the plans of the league to do so. The bidding for the new teams happened in October and nine companies were able to place their bids but only two succeeded.
The RPSG Ventures Ltd. was able to win the bid for Lucknow with INR 7090 crores while the Irelia Company Pte Ltd. (CVC Capital Partners) won the bid for Ahmedabad with INR 5625 crores. This auction has proven how valuable the IPL is and BCCI president Sourav Ganguly is happy about it.
Ganguly said, “The BCCI is happy to welcome two new teams from the next season of the Indian Premier League. It is heartening to see the inclusion of two new teams at such a high valuation, and it reiterates the cricketing and financial strength of our cricket ecosystem. True to IPL’s motto of ‘Where Talent Meets Opportunity, the inclusion of two new teams will bring more domestic cricketers from our count