123 players retained, 5 traded across teams for Pepsi IPL 2015 season
Five Indian cricketers have been traded during the window for player trade this year.
The window for the franchises to extend the player contracts on existing terms for Pepsi IPL season closed on Dec 15.
Ranjib Biswal, Chairman IPL, commented: "Teams have the right, at their sole election, to extend player contracts for another season. This allows for teams to ake many course corrections to their squads as a way to strengthen their team ahead of the next season. It is a way to balance the need for continuity whilst allowing for churn which is very important from the league’s perspective. The released players will have the option to put their names up for the player auction for the 2015 season."
"Teams have a total salary purse of Rs 63 Crores for the 2015 season (5% increase over the 2014 season purse). The salaries of the players retained will be deducted from this amount," the BCCI said in a statement.
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