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How Much Can Lucknow and Ahmedabad IPL Teams Spend On Pre-Auction Picks

By

The Bridge - Home of Indian Sports

Published: 2022-01-14 08:06:29.0

While the eight previous IPL teams retained four players each from their previous rosters, the two new teams now get to choose three cricketers from all the remaining players and add them to their squads.

The new teams will forfeit Rs 33 crore (Rs 15 crore, Rs 11 crore and Rs 7 crore being the fee slab for the players) if they sign three capped players. They 'spend' Rs 24 crore (Rs 14 crore and Rs 10 crore) for two players and only Rs 14 crore for one player. An uncapped player would cost them only Rs 4 core, as much as for the eight original teams who had the right to sign a maximum of four players.

However, the new teams cannot sign more than one uncapped player and they are permitted to pay more than the stipulated fee on the condition that they would lose that much money from the salary cap of Rs 90 crore.


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