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Miller set to cash in on R25m at IPL

Cape Town - Proteas star batsman David Miller has reportedly been retained by his Indian Premier League (IPL) side, the Kings XI Punjab, for an estimated R25.7 million.

On Monday, the IPL released their retention list, which saw eight South Africans retained by their respective franchises while nine were released from their contracts.

Notable contracts released were Proteas bowlers, Dale Steyn for the Gujarat Lions, Kyle Abbott for the Kings XI Punjab, Imran Tahir and Morné Morkel for the Dehli Daredevils.

READ: Steyn, Morkel lose their IPL contracts

Punjab, who had a disastrous 2016 campaign after finishing bottom of the log, decided to retain 19 players including Miller and Hashim Amla.

Miller, who also captained the team in a few games, only scored 161 runs in his 14 matches with a highest score of 31 in the 2016 season.

According to the value stipulated next to Miller's name, the 27-year-old is set to earn INR125,000,000 - which is around R25.7 million.

Royal Challengers Bangalore's AB de Villiers comes in as the second-highest South African retained, as the injured batsman looks to cash INR95,000,000 - over R19.5 million.

Another South African over the R10 million threshold is Dehli Daredevils' Chris Morris, who is expected to collect INR70,000,000 (R14.4 million).

The 10th edition of the IPL is set to run between April 5 and May 21, 2017.

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