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EXPLAINED: Why KKR’s IPL 2025 Retention Strategy Led to a Surprising ₹69 Crore Deduction?

Ankush Mallick by Ankush Mallick
November 21, 2024
in Cricket, FAQ, Indian Premier League, Sports
0
Explained: Why KKR’s IPL 2025 Retention Strategy Led to a Surprising ₹69 Crore Deduction

Explained: Why KKR’s IPL 2025 Retention Strategy Led to a Surprising ₹69 Crore Deduction

Defending champions Kolkata Knight Riders (KKR) recently retained six players from their title-winning squad ahead of the Indian Premier League (IPL) 2025 mega auction.

Despite spending ₹57 crore to hold onto key players, the franchise faced an unexpected purse deduction of ₹69 crore, leaving fans puzzled. This article breaks down the underlying reasons for this substantial cut and explains its impact on KKR’s action plans.

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Table of Contents

  • KKR’s Title-Winning Squad and Retention Strategy
  • The Confusing Deduction: Retention Rules Explained
  • Breakdown of KKR’s ₹69 Crore Deduction
  • Impact of the Deduction on KKR’s IPL 2025 Auction Strategy
  • FAQs
    • Why did KKR lose ₹69 crore despite retaining players for ₹57 crore?
    • Who are the six players KKR retained for IPL 2025?
    • Why can’t KKR use the ₹12 crore surplus from their retention budget?
    • How much auction budget will KKR have after the retention deductions?

KKR’s Title-Winning Squad and Retention Strategy

Fresh off winning their third IPL title, KKR retained six players, the maximum allowed by IPL regulations for the 2025 season. This decision reflects KKR’s desire to maintain continuity in their squad, hoping to leverage their winning combination in the upcoming season. However, they made a surprising move by releasing Shreyas Iyer, their captain and the architect of their third championship.

The players retained by KKR include Rinku Singh (₹13 crore), Varun Chakravarthy (₹12 crore), Sunil Narine (₹12 crore), Andre Russell (₹12 crore), Harshit Rana (₹4 crore), and Ramandeep Singh (₹4 crore). Together, these six retained players cost the franchise ₹57 crore. Despite this, IPL rules have deducted ₹69 crore from KKR’s purse, a unique situation that raised eyebrows across the cricketing world.

The Confusing Deduction: Retention Rules Explained

At the heart of this deduction is a specific rule implemented by the IPL regarding minimum price slabs for retained players. According to these regulations, retaining players comes with specific financial requirements beyond just the players’ agreed-upon salaries.

Sunil Narine

For capped players, the IPL mandates a set minimum price for each retention slot, which stands irrespective of a player’s actual contract value. To retain four capped players, a franchise faces the following minimum retention costs:

  • 1st slot: ₹18 crore
  • 2nd slot: ₹14 crore
  • 3rd slot: ₹11 crore
  • 4th slot: ₹18 crore

Thus, even though KKR retained four capped players (Rinku Singh, Varun Chakravarthy, Sunil Narine, and Andre Russell) at a combined expense of ₹49 crore, the minimum retention cost for these four slots totals ₹61 crore. The two uncapped players, Harshit Rana and Ramandeep Singh were retained at ₹4 crore each, which also aligns with the price mandated by the Board of Control for Cricket in India (BCCI) for uncapped players.

In simpler terms, as per BCCI’s rules, the minimum deduction for retaining four capped players is ₹61 crore. If the actual retention cost is lower than this amount, the franchise still incurs the full deduction based on these retention slabs. Had KKR’s combined retention cost exceeded ₹61 crore, the franchise would only have been charged for the actual expense.

Breakdown of KKR’s ₹69 Crore Deduction

KKR’s retention strategy saw them secure six players for ₹57 crore. However, the deduction calculation under IPL’s retention policy applies as follows:

  1. Retention slots for four capped players: ₹61 crore (18+14+11+18 crore)
  2. Retention slots for two uncapped players: ₹8 crore (4+4 crore)

This totals to ₹69 crores, the amount deducted from KKR’s purse, regardless of the actual contract values totaling ₹57 crore. Consequently, although they saved on player salaries, the minimum slot requirements enforced by the IPL left KKR with a deduction of ₹69 crore.

Impact of the Deduction on KKR’s IPL 2025 Auction Strategy

With the ₹69 crore deduction, KKR’s original purse of ₹120 crore now stands at ₹51 crore heading into the mega auction. Having retained six players, KKR will also have no Right to Match (RTM) cards, reducing their ability to re-sign players that go back into the auction pool.

Read More: WTC Scenarios After India Lost 3-0 at Home to New Zealand

FAQs

Why did KKR lose ₹69 crore despite retaining players for ₹57 crore?

The IPL’s retention rules impose a minimum deduction based on retention slots rather than actual contract values, leading to a ₹69 crore deduction even though KKR spent ₹57 crore on six players.

Who are the six players KKR retained for IPL 2025?

KKR retained Rinku Singh, Varun Chakravarthy, Sunil Narine, Andre Russell, Harshit Rana, and Ramandeep Singh.

Why can’t KKR use the ₹12 crore surplus from their retention budget?

The extra ₹12 crore cannot be used in the auction; IPL regulations restrict it to other franchise purposes, excluding player purchases.

How much auction budget will KKR have after the retention deductions?

With the ₹69 crore deduction, KKR will enter the auction with ₹51 crore out of their original ₹120 crore purse.

Tags: IPL 2025KKRKolkata Knight Riders
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