It has been already announced by BCCI that the IPL 2025 auction will be a mega auction once again as a three-year cycle has come to an end. Although the purse, retention slots are yet to confirmed. BCCI was initially scheduled to meet with the IPL franchise representatives during the IPL 2024 to finalise decisions over these matters but the meeting didn't take place due to a change in schedule. Amidst this, there has been reports that a number of star players are unsettled including the likes of KL Rahul, Rohit Sharma, Rishabh Pant and might make a move in the upcoming mega auction. According to reports, BCCI is likely to meet the IPL team representatives at the end of July. KL Rahul Likely To Leave Lucknow Super Giants Ahead of IPL 2025, Replace Faf du Plessis As RCB Captain: Report.
According to reports from Cricbuzz and IPL insiders, the BCCI has asked the owners to be available for a meeting likely on July 30 or 31, although the exact date has not yet been confirmed. The meeting is expected to take place at the BCCI office in Mumbai. The choice of such is BCCI wanting to invite the owners to their newly refurbished office inside the Wankhede Stadium complex.
Cricbuzz has also reported that the main agenda of the meeting will be the key issue of player retentions. There have been varying views on the number of retentions allowed for a franchise. Some argue that continuity is essential, as most franchises have existed for over 17 years now and the number of retentions permitted should be as high as eight. However, there are arguments to the contrary, with some franchises informing the BCCI that the number of retentions should be minimal. There is also a debate whether to have a Right to Match (RTM) option at the mega-auction. Rishabh Pant is Not Joining CSK! Delhi Capitals Set to Retain Star Wicketkeeper-Batter Ahead of IPL 2025, Say Reports .
IPL CEO Hemang Amin met with representatives of the franchises, either by visiting their headquarters in different cities or by calling them to the BCCI office earlier this month. There will also be a discussion on the salary cap, which is expected to be around INR 120 crore in the first year of the next three-year cycle. Subsequently, the retention value of each player could also come up for discussion. Previously, the salary of the top retention was around 16-17 percent of the salary cap.
(The above story first appeared on LatestLY on Jul 20, 2024 11:35 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).