News Update
Tezzbuzz|29-09-2024
In the dynamic world of the Indian Premier League (IPL)the ‘Right to Match’ (RTM) card has been a key strategic tool for franchises during player auctions. Introduced by the IPL Governing Council before the 2018 season, the RTM card allows teams to retain a player who had previously been part of their squad but had been released into the auction pool.
According to the new retention rules released by the IPL Governing Council on Saturday, the team owners can retain a total of 6 players from their existing squad. This can be either via retention or by the use of RTM card at the IPL 2025 Auction. It means the IPL franchises can opt for a maximum six retentions, including the RTM option.
The RTM card is essentially a mechanism that gives franchises the right to “match” the highest bid made by another team for one of their former players, thereby retaining that player in their squad. This rule was designed to provide teams with a safety net to keep their core players, while still adhering to auction dynamics and salary caps.
For example, if Rinku Singh is being auctioned and Chennai Super Kings (CSK) makes the highest bid of INR 7 crores, Kolkata Knight Riders (KKR), Rinku’s current franchise, will have the first right to match that bid. If KKR exercises their RTM, CSK will be given another opportunity to increase their bid. If CSK raises it to INR 8 crores, KKR can again match the bid and retain Rinku for INR 8 crores.
RTM in previous IPL auctions
The RTM card has been a game-changer in past auctions. For example, during the 2018 IPL auction, teams like Kolkata Knight Riders (KKR) used their RTM card to retain their star all-rounder Andre Russell, while Sunrisers Hyderabad (SRH) retained their mystery spinner Rashid Khan using the RTM option.