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The Indian Premier League (IPL), also known as Tata IPL for sponsorship reasons, is a men's Twenty20 cricket league held annually in India. [3] Founded by the BCCI in 2007, the league features ten state or city-based franchise teams. [4] It is the most popular and richest cricket league in the world and is held between March and May.
A team's roster can be made up of up to 30 players. They are eligible to be selected to the 18-player team for each game. The salary cap is $4.035 million per team in 2018, not counting the extra salary of designated players. Players in the first 20 roster spots will count against the cap.
Salary Cap of Retained Players (For Existing Franchises) And Picks (For New Franchises) [6] [7] No. of players retained Salary Cap for retentions Total amount to be spent Player 1 Player 2 Player 3 Player 4 4 ₹ 16 crore (US$1.9 million) ₹ 12 crore (US$1.4 million) ₹ 8 crore (US$940,000) ₹ 6 crore (US$700,000) ₹ 42 crore (US$4.9 million) 3
Though a small group of players received bonus payments, the $600 amounts were roundly criticized as low for a video game that generated more than $500 million in sales last year. Players received ...
This also skews the list towards sports with salary caps where salaries are therefore public knowledge and easy to cite. The contract figures referenced below are presented at face value and do not reflect potential pre or post-tax treatments. For example, contracts with European sports teams are typically quoted on a post-tax basis.
The salary deduction for every retained player from the franchise's salary purse was stipulated to be ₹ 15 crore, ₹ 11 crore and ₹ 7 crore if three players were retained; ₹ 12.5 crore and ₹ 8.5 crore if two players were retained; and ₹ 12.5 crore if only one player was retained.
Microsoft Gaming is the largest video game employer in the industry, followed by Ubisoft and Electronic Arts. Among the top 41 largest video game employers, ten are based in the United States , eight in Japan , five in China , three in France , South Korea , and Sweden respectively, two in Poland and the United Kingdom , and one each in Denmark ...
Prior to the auction, teams could release players and retain those that they wanted for the next season. The salaries of the released players would be added to the salary purse of the teams which was increased to Rs. 63 crores for the 2015 edition. The salaries of the retained players was deducted from this purse. [2]