The preparation for IPL 2022 mega auction is much-awaited and will take place in January. The BCCI has asked all 8 old IPL teams to finalize list of retained players by December.
IPL 2022 Mega Auction will be held in India. According to an IPL Governing Council member, the mega-auction will take place in the first week of January 2022. The expected time to begin IPL 2022 mega auction is at 3:30 PM IST. IPL 2022 mega auction will take place in India. IPL 2022 Mega Auction will go live on Star Sports Network and the fans can live stream the tournament on the Disney+ Hotstar app.
Salary Cap – 90 Crores
Old franchises will give names of retained players by November 30, 2021, a maximum of 4 players can be retained.
New Franchises: 2 New teams to finalize their 3 players outside of auction between December 1, 2021, to December 30, 2021. No more than 2 Indians and 1 foreigner.
RTM Cards: There will also be no Right to Match cards this time around.
The BCCI has also outlined how much funds will be deducted from the salary cap.
4 Players retained, Rs 42 crore will be cut from the player purse.
3 retentions will reduce Rs 33 crores
2 retentions will result in a deduction of 24 crores from the player purse.
1 Retained Player: 14 crores will be deducted from the purse.
IPL 2022 mega auction retention's last date is November 30.
Chennai Super Kings (CSK) Retention – Not Decided
Rajasthan Royals (RR) Retention– Not Decided
Punjab Kings (PBKS) Retention– Not Decided
Delhi Capitals (DC) Retention – Not Decided
Mumbai Indians (MI) Retention – Not Decided
Kolkata Knight Riders (KKR) Retention– Not Decided
Royal Challengers Bangalore (RCB) Retention– Not Decided
Sunrisers Hyderabad (SRH) Retention– Not Decided