MS Dhoni, the legendary former Indian cricketer, has been retained by his IPL team Chennai Super Kings for the next 3 years. Fans are quite happy with this news but it won’t be wrong to say that we all were sure that it was going to happen. MS Dhoni has been associated with CSK since the inaugural edition of the IPL which took place in 2008 and the Chennai franchise has won four titles under Mahi’s leadership which has made it the second most successful franchise while Dhoni is the second most successful IPL skipper. Rohit Sharma is the most successful skipper of the league as Mumbai Indians has won five titles under his captaincy.
The IPL 2022 will definitely be bigger and better than all the previous seasons as two new franchises (Lucknow and Ahmedabad) will be added in this season and the mega auction will take place as well. However, the Board of Control for Cricket in India (BCCI) has given the option of retaining 4 players to the old franchises and the payment structure of these 4 players has also been decided by the board.
Earlier, MS Dhoni has expressed his desire of playing his last IPL match in Chennai but he doesn’t want to be the top retention of CSK and the reason behind it is the payment structure.
If a team retains four players, it has to pay them Rs. 42 crore in the following manner: First retention – Rs. 16 crore, Second retention – Rs. 12 crore, Third retention – Rs. 8 crore and Fourth retention – Rs.6 crore.
As CSK is retaining four players – MS Dhoni, Ravindra Jadeja, Ruturaj Gaikwad and Moeen Ali/Sam Curran, Dhoni doesn’t want to be the top retention as he doesn’t wish to get paid the highest in the team and prefers that the management chooses someone else as the highest paid player. N Srinivasan, the CSK boss, states that MS Dhoni doesn’t want the franchise to lose a good amount of money for retaining him because of which he is refusing to be CSK’s top retention.
The total amount that a franchise can spend on buying players has been fixed at Rs. 90 crore which is Rs. 5 crore higher than the last time but if a team retains four players, it already spends Rs. 42 crore and is left with only Rs. 48 crore for buying other players.
If a team retains only three players, it has to pay them Rs. 33 crore in the following manner: First retention – Rs. 15 crore, Second retention – Rs. 11 crore and Third retention – Rs. 7 crore.
If a team retains only two players, it has to pay them Rs. 24 crore in the following manner: First retention – Rs. 14 crore and Second retention – Rs. 10 crore.
If a team retains only one player, it has to shell out only Rs. 14 crore for paying that cricketer.
The teams have to submit their list of retentions to the BCCI by November 30 and the mega auction may take place in the first week of December.