The BCCI has set a salary cap of Rs 90 crore for 10 IPL franchises, including the two new entrants, for the next season and allowed a maximum of four retentions for the eight established teams.
source https://sports.ndtv.com/cricket/ipl-franchises-to-be-allowed-rs-90-crore-as-salary-purse-retention-limit-of-4-players-2594011
source https://sports.ndtv.com/cricket/ipl-franchises-to-be-allowed-rs-90-crore-as-salary-purse-retention-limit-of-4-players-2594011
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