By the 5 pm on Thursday, the close of the trading/retaining window, a total of 101 players, including 37 overseas players, have been retained by the eight franchises for the 2016 IPL, the BCCI announced.
The high-profile players who have not been retained by their franchises — and will go for the auction – are Yuvraj Singh, Ishant Sharma, Dale Steyn, Dinesh Karthik and Aaron Finch. Virender Sehwag too hasn’t been retained, but that is because he has announced retirement from IPL and all international cricket.
There are five ways in which a team can acquire players: through annual auction, by signing domestic players, by signing uncapped players, trading players, and by signing replacements.
In the trading window, a player can only be traded with his consent, with the franchise paying the difference if any between the old and new contract. If the new contract is worth more than the older one, the difference is shared between the player and the franchise selling the player.
The following are the lists of players and franchise purses as announced by the BCCI (click on photo to enlarge):