The Importance of IPL for Indian Domestic Cricket Players

Retention and Release of Players: Before the auction, each franchise has the option to retain or release players from their previous season's squad. Franchises can retain up to five players, including a maximum of three Indian players and two overseas players. The released players then enter the auction pool.

Player Pool: The player pool for the auction is made up of players who have not been retained by their franchises, as well as players who are not currently part of any IPL franchise.

Auction Format: The IPL Auction is a closed bidding process, meaning that the bidding is not made public. Franchises submit their bids for the players they want to acquire, and the highest bidder wins the player.

Base Price: Each player has a base price, which is the minimum amount a franchise can bid for the player. The base price is determined by the player's profile and performance in previous seasons.

Salary Cap: Each franchise has a salary cap, which is the maximum amount they can spend on player salaries for the season. The salary cap for the 2022 IPL season is INR 90 crore.

Player Categories: Players are divided into different categories based on their profile and performance. The categories include capped and uncapped players, Indian and overseas players, and batsmen, bowlers, and all-rounders.

Player Selection: Once the auction is completed, each franchise must select a minimum of 18 players and a maximum of 25 players for their squad, including a minimum of six overseas players.

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