The Board of Control for Cricket in India (BCCI) has scheduled a crucial meeting with the owners of all ten Indian Premier League (IPL) franchises on July 31. This meeting aims to outline the road map for the upcoming season and address critical aspects related to player retention and the potential reintroduction of the Right to Match (RTM) option.
IPL Franchises to discuss Auction strategy
In previous auctions, franchises were allowed to retain up to five players, including three from the auction and others through the RTM option. However, in 2022, with the introduction of new teams (Gujarat Titans and Lucknow Super Giants), the retention limit was reduced to four players per franchise, and the RTM option was eliminated. This change allowed the new teams to select from a larger pool of players while existing franchises had to restructure their core units.
This year, there is a strong push from the franchises to bring back the RTM option. Franchise owners seek clarity on retention rules and the feasibility of RTM. The RTM allows teams to match the highest bid for a player they wish to retain, ensuring continuity and stability.
Opinions among franchises vary regarding the number of retentions. Some favour retaining five, while others prefer six or four players. The meeting aims to finalize everything, including the salary cap, which might see a significant increase.
THE BCCI AND IPL OWNERS MEETING ON 31ST JULY.
5-6 retention is likely to be approved with RTM option to be debated. (Cricbuzz). pic.twitter.com/wsWyDqret9
— Mufaddal Vohra (@mufaddal_vohra) July 25, 2024
The mega auction is tentatively scheduled for December. The decisions made during this meeting will set the tone for the next IPL season, ensuring a competitive and balanced playing field for all teams.
As the date approaches, franchises eagerly await the outcome of this pivotal meeting, which will shape the future of IPL cricket and determine the strategies for team building in the upcoming season.
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 franchises on July 31. This meeting aims to outline the road map for the upcoming season and address critical aspects related to player retention and the potential reintroduction of the Right to Match (RTM) option.){kind=link}