"The player pool available for CSK and RR for retention/RTM will be the players' who played for them respectively in IPL 2015 and who were part of RPS and Gujarat Lions squads in IPL 2017", he added.
The salary cap for the uncapped players have also been increased by the council.
According to report by the Indian Express, one franchise was reportedly in favour of retaining as many as five players, while another proposed retention of one player per team.
A decision was reached at the Indian Premier League Governing Council (GC) meeting in Delhi on Wednesday to let franchises retain five players through a combination of direct retention and the 'right to match (RTM)' formula. So, if a franchise does not to directly retain any player, it will be allowed a maximum of three RTMs at the auctions. The other two replacement teams were formed Rising Pune Supergiants where Dhoni captaining in 2016 IPL season and Gujarat Lions for the replacement of Rajasthan Royals.
The Indian Premier League's Governing Council today cleared the decks for M S Dhoni's return to Chennai Super Kings by allowing teams to buy back a maximum of five players at the auction next year. Irrespective of player retention or RTM, a franchise can have a maximum of three capped Indian players, a maximum of two foreign players and a maximum of two uncapped Indian players. He was CSK's captain at the time of its suspension.
Minimum expenditure: 75 percent of the salary cap for each season.
- Maximum of two Overseas players. It will grow by Rs 2 crore and Rs 3 crore for the next two editions respectively. If they opt to retain just the one player, then they'll have to suffer a deduction of INR 12.5 Crores from their pre-auction purse.
If a team does not wish to retain any player, it will still have the option of three Right to Match.
George also confirmed that they can only retain players who played for them in 2015.
The minimum auction reserve price of uncapped players has also been raised with the upper limit increased to Rs 40 lakh from Rs 30 lakh.
In July 2017, The Board of Control for Cricket in India said on Friday that Chennai Super Kings and Rajasthan Royals would be back for 2018 IPL.