The Indian Premier League (IPL) governing council has made a decision to raise the salary cap for the eight franchises for next year's edition to Rs 80 crore from the previous cap of Rs 66 crore. The salary cap for each team for the 2018 season has been set at Rs 80 crore (approximately $12.4 million) by the governing council.
The likes of Ben Stokes and Jason Roy thus will go back into the auction pool having not played for either CSK or RR in IPL 2015.
Franchises will need to spend at least 75 per cent of the salary cap each season, and that each squad should contain between 18 and 25 players with maximum eight overseas players. CSK will have to primarily choose between R. Ashwin, Ravindra Jadeja and Suresh Raina or a foreign player such as Dwayne Bravo in whom the Chennai team continues to have faith.
Dhoni moved to Rising Pune Supergiant after CSK was banned for two years as the team's former principal Gurunath Meiyappan was found to be involved in betting activities related to the T20 league during the 2013 season.
Following a two-year suspension, Rising Pune Supergiant roped in the wicket-keeper batsman during the 2016 edition of the IPL.
The BCCI has allowed an IPL franchise to retain or secure five players through the Right to Match (RTM) clause.
► A franchise can secure a maximum of three capped Indian players and a maximum of two overseas players.
"The player pool available for Chennai Super Kings and Rajasthan Royals for retention/Right to Match will be the players' who played for them respectively in IPL 2015 and who were part of RPS and Gujarat Lions squads in IPL 2017", he added.
The Indian Premier League governing council on Wednesday has confirmed the player retention policies for the franchises ahead of the upcoming edition of the tournament. In case of no retention before player auction, each franchise can have "up to three RTMs".
If the franchises retain any uncapped player, they will be deducted just 3 Crores INR per player from their auction purse instead of the above-mentioned price.
If a franchise retains three players, then the first player would cost Rs 15 crore, second Rs 11 crore and the third Rs 7 crore.