IPL Auction Rules Briefing: BCCI asks CSK, MI, RCB, SRH, DC, RR, KXP & KKR to strictly follow 6 rules at auction

IPL 2021 Auction Rules – 6 Auction Rules by IPL Governing Council: All 8 IPL franchises are in Chennai and has just been briefed by BCCI and IPL Governing Council on IPL Auction Rules. A total of 291 players (Mark Wood withdraws at the last minute) will be in contention for 62 spots at the auctions. CSK, MI, RCB, SRH, DC, RR, KXIP and KKR will have to follow 6 major rules set by the IPL Governing Council.

 

Here we take a look at the top SIX rules of IPL 2021 auction which is must for all teams to follow.


Rule 1 – No buying beyond the allotted Auctions Player Purse: IPL GC decided not to increase the size of the player purse which means franchises will have to do shopping with the same purse limit of 85 Crores as it was the case in IPL 2019-20. 
Notably, the remaining purse of all the eight teams – CSK, MI, RCB, SRH, DC, RR, KXP and KKR is decided on the factor that how many players each team retain and trade, and while the retention process was finalized on 20 January, the IPL 2021 trade window is still open and it will close on 11th February 2021 at 5:00 PM.
As of now remaining money in the purse of IPL franchises: CSK (19.9 Cr), Delhi Capitals (12.9 Cr), KXIP (53.2 Cr), KKR (10.75 Cr), Mumbai Indians (15.35 Cr), Rajasthan Royals (34.85 Cr), Royal Challengers Bangalore (35.9 Cr), Sunrisers Hyderabad (10.75 Cr) h
Rule 2Minimum 75% to be spent by each franchise: As per the BCCI and IPL GC ruling, it is mandatory for the franchises to spend minimum 75% of the total purse of 85Cr. In case any franchise spends below that amount, the remaining sum of defaulting franchises will be forfeited.

Also Read: IPL 2021 Auction: Arjun Tendulkar impresses IPL teams with 77(31) and 3 wicket haul at Police Shield tournament


Rule 3 No RTM card: As it is a mini-auction, neither of the franchise will have an option to use RTM or Right to match card to retain a player. Notably, RTM is only available for mega-auction where the franchises can use it to retain a player by paying the exact amount so as to match the winning bid for that particular player.


Rule 4 IPL Auction Rules on Squad Strength: The maximum squad strength for each team is that of 25 players. However, every team must have at least 18 players in their respective squads.


Rule 5 Indian Players (Capped and Uncapped): A team can have a minimum of 17 and a maximum of 25 Indian players in their squad, both capped and uncapped.

Rule 6 International Players: A team can have a maximum of eight International players in their squad.


IPL 2021 auction: How are IPL Mega Auction Rules different from IPL Auctions Rules?

IPL Mini Auctions and IPL Mega Auctions are not the same event. IPL Mega Auctions are held once every three years whereas IPL Auctions are held every year within that three year period. Auctions are held to ensure that teams get an opportunity to refresh their team balance as well as it’s an opportunity for players all around the world and especially Indian uncapped players to enter the Indian Premier League.

The only big difference between IPL Auctions and IPL Mega Auctions is – before an IPL Mega Auctions each team can retain only five of their players at maximum. However in IPL Auction a.k.a. IPL mini Auctions, there is no limit on the number of players which any particular franchisee could retain.

Also Read: CSK, MI, RCB, SRH, DC, RR, KXP & KKR full Squads, IPL 2021 Auction Full Player List, 8 teams, Remaining Purse

Another difference is that for the IPL Mega Auctions, each team also gets ‘Right to Match’ cards. The RTM card can be used by an IPL team owner to match the winning auction amount for one of their ex-players to buy back that particular player’s contract. In other words if a team has not retained a particular player but who was a part of their last squad and has now been bought by another team, they can use the ‘Right to Match’ card, and buy the player’s contract by matching the winning bid. Every team gets a maximum of three and a minimum of two RTM cards in the Mega Auctions depending on the number of players they have retained using the direct method.

IPL 2021 Auctions – 8 franchises to spend 196.6 Cr at IPL auctions
The eight IPL franchises will have 196.6 crore to spend at IPL auctions. As the window to retain and release players ended on Wednesday, IPL franchises retained 139 players at a cost of 483.39 Cr. The IPL franchises released 57 players from the existing squads and will now have 196.6 Crore to spend at the IPL 2021 auctions.
IPL 2021/ Squad Size/Salary Cap/Available Slots
Franchise No of Players No of Overseas Players Total  money spent (Rs.) Salary cap available (Rs.) Available Slots Overseas Slots
CSK 18 7 62.10 22.90 7 1
DC 19 6 72.0982 12.9018 6 2
KXIP 16 3 31.80 53.20 9 5
KKR 17 6 74.25 10.75 8 2
MI 18 4 69.65 15.35 7 4
RR 17 5 50.15 34.85 8 3
RCB 12 4 49.10 35.90 13 4
SRH 22 7 74.25 10.75 3 1
Total 139 42 483.39 196.60 61 22