News Sports Cricket IPL 2022 Auction Day 1: PBKS Retention List; Remaining purse INR 72 Cr

IPL 2022 Auction Day 1: PBKS Retention List; Remaining purse INR 72 Cr

PBKS captain KL Rahul, pacer Mohammed Shami and Chris Gayle were not retained by the franchise.

File photo of Punjab Kings team. Image Source : IPLT20.COMFile photo of Punjab Kings team. 

Punjab Kings have retained just two players ahead of the IPL 2022 mega auction. India player Mayank Agarwal and uncapped Arshdeep Singh were also retained by the Chandigarh-based franchise. PBKS captain KL Rahul, pacer Mohammed Shami and Chris Gayle were not retained. 

The first precursor to IPL 2022 has been ticked and the eight franchises have announced their list of retained players. The teams notified their list of retained players during the IPL 2022 Retention List that happened on Tuesday, November 30 in India. Of a total of allotted 90 crore purse to each franchisee, each team retained their decided players in accordance with the retention rule framework. 

Players retained by Punjab Kings: 

Mayank Agarwal (12 crore, 14 crore to be deducted from overall purse)

Arshdeep Singh (4 crore).

Reputed Players PBKS Released: KL Rahul, Mohammed Shami and Chris Gayle

PBKS's remaining purse for IPL 2022 Auction: 72 cr

IPL 2022 Retention rules:

  • Each team is permitted to retain a maximum of four players.
  • No RTM (right to match) cards are available to franchises this time. 
  • Each existing team can retain a maximum of three Indian players, two overseas players, and two uncapped players.

Each team has a salary cap of INR 90 crore. The following is the player-wise slab based on the number of retentions made:

  • If four players: Player 1 – INR 16 Cr, Player 2 – INR 12 Cr, Player 3 – INR 8 Cr, Player 4 - INR 6Cr
  • If three players: INR 15 Cr, INR 11 Cr, INR 7 Cr
  • If two players: INR 14 Cr, INR 10 Cr
  • If one player: INR 14 Cr

Uncapped Player Retention- 4 Cr

Noteworthy points for the two new IPL teams (Ahmedabad and Lucknow) 

After the existing franchises have retained their players, the two new teams will be able to pick three players ahead of the main auction.

The two new teams are to be able to pick a maximum of two Indian players and one overseas player.