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IPL 2018 Retained Players: News Updates and Live Updates

The franchises are asked to submit the list of players they like to retain ahead of 2018 IPL auction
Updated: 04 January 2018 19:38 IST - Published: 04 January 2018 19:11 IST
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That's it from the 2018 IPL retention. Hope you all enjoyed it. We will be back with our updates for the auction on January 27 and 28. Till then, this is Vignesh Ananthasubramanian signing off from Bangalore.
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Here is the complete list of retained players ahead of IPL 2018:

Chennai Super Kings: MS Dhoni, Suresh Raina, Ravindra Jadeja
Delhi Daredevils: Shreyas Iyer, Chris Morris, Rishabh Pant
Kings XI Punjab: Axar Patel
Kolkata Knight Riders: Sunil Narine, Andre Russell
Mumbai Indians: Rohit Sharma, Jasprit Bumrah, Hardik Pandya
Rajasthan Royals: Steven Smith
Royal Challengers Bangalore: Virat Kohli, AB de Villiers, Sarfaraz Khan
Sunrisers Hyderabad: David Warner, Bhuvneshwar Kumar
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Mumbai and Chennai cannot use their RTM for an Indian player. 
KKR cannot use their RTMs for overseas players. They can retain three Indian players. 
RCB and DD can retain one Indian and one overseas player.
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Here is the amount of money left with each franchise after the retentions:

Chennai Super Kings: Rs. 47 crore (80-33)
Delhi Daredevils: Rs. 47 crore (80-33)
Kings XI Punjab Rs. 67.5 crore (80-12.5)
Kolkata Knight Riders: Rs. 59 crore (80-21)
Rajasthan Royals: Rs. 67.5 crore (80-12.5)
Mumbai Indians: Rs. 47 crore (80-33)
Royal Challengers Bangalore: Rs. 47 crore (80-33)
Sunrisers Hyderabad: Rs. 59 crore (80-21)
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Sarfaraz Khan's actual prize is 1.75 crores and RCB will be deducted 3 crores.
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Steve Smith and David Warner will be paid 12 crores but their teams will be deducted 12.5 crores.
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Axar Patel will be paid 6.75 crores while the franchises will be deducted 12.5 crores INR.
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Delhi Daredevils will pay Chris Morris 7.1 crores but will be deducted 11 crores.
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Ravindra Jadeja, Shreyas Iyer, Andre Russell, Jasprit Bumrah cost 7 crores INR. 
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Suresh Raina, AB de Villiers and Hardik Pandya cost their teams 11 crores INR. 
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Rohit Sharma, MS Dhoni, Rishabh Pant cost their teams 15 crores INR. 
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Virat Kohli's retention fee is 17 crores INR. 
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Mumbai Indians, Delhi Daredevils, RCB and CSK have two RTMs left after retaining three players.
Sunrisers Hyderabad and KKR have three RTMs left after retaining two players.
Rajasthan and Kings XI Punjab will have three RTMs left in spite of retaining just one player.
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Just like Kings XI Punjab, Rajasthan Royals also retain just one player, Steve Smith.
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Kolkata Knight Riders retain Sunil Narine and Andre Russell.

No Gambhir as of now. Will KKR retain him?
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Kings XI Punjab retain Axar Patel, yes, just one player. 
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Sunrisers Hyderabad retain David Warner and Bhuvneshwar Kumar.

Why not Rashid Khan? The SRH team management might have missed a trick there. 
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Royal Challengers Bangalore retain Virat Kohli, AB de Villiers and Sarfaraz Khan.

Sarfaraz ahead of Yuzvendra Chahal and KL Rahul is a big gamble. RCB will hope that it pays off.
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Mumbai Indians confirm the retention of Rohit Sharma, Hardik Pandya and Jasprit Bumrah
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