New DelhiRecently, the franchise of every team (IPL Franchise) met the IPL officials. During this, many important issues were discussed. Issues like salary increment, mega auction and RTM were discussed in the meeting. One of these was also the increase in the salary of the players. Many franchises have talked about increasing the salary of the players in their suggestions.
The salary cap of players can be increased to 130-140 crores for the 2025 season of the Indian Premier League (IPL). The salary cap for the 2022 mega auction was Rs 90 crore. Which can be increased before the next season. According to the Times of India report, many franchises have demanded to increase the salary of the players in their suggestion to BCCI and IPL CEO Hemang Amin.
“Under the current rule, a player's salary cannot be increased by the franchise once he is bought in the IPL auction. For example, suppose a player is bought for Rs 30 lakh and his IPL performance has been excellent, then the franchise should have the right to give him a contract of up to Rs 3 crore for the next year,” the Times of India quoted a franchise official as saying.
The report also states that some teams want to be allowed to retain not 3 or 4 but a total of 8 players. In the 2022 auction, each team was allowed to retain 4 players. Now it will be interesting to see what happens in the auction. It remains to be seen what the IPL officials implement.
first published : July 25, 2024, 2:56 pm IST