IPL Top Spending Franchises
The Indian Premier League (IPL) changed the face of world cricket in 2008. Cricket and cricketers were never going to be the same. There was plenty at stake with big businesses owning franchises. Annual player salaries hit the roof with the advent of the IPL. The first-ever auction saw interesting trends emerge with few teams banking on star power while others exercised restraint. Franchises then started taking customised routes to acquire players. Let us look at IPL Top Spending Franchises.
We look at the top spending IPL franchises over the years:
#10 Gujarat Titans – INR 174.3 crores
Their big-ticket signings all came in the players’ draft when they picked both Hardik Pandya and Rashid Khan for INR 15 crores each. GT in the two years so far has been a side who have chosen balance over star power. They have so far spent a total of INR 174.3 crores in these two years.
#9 Lucknow Super Giants – INR 179.8 crores
They made the most expensive signing in 2022 when they bought KL Rahul for INR 17 crores. LSG signed Nicholas Pooran for INR 16 crores in 2023. They have spent INR 179.8 crores in these two years.
#8 Rajasthan Royals – INR 704.8 crores
They were called the money ball team in the first few years of the IPL. Rajasthan Royals though shed this tag in the last few years. They signed Ben Stokes for INR 12.5 crores in 2018 making him the most expensive player that season. RR bought Chris Morris for INR 16.25 crores in 2021 making him the costliest ever auction signing then. They have spent INR 704.8 crores so far which is the least among all the eight original franchises.
#7 Sunrisers Hyderabad – INR 735.4 crores
They made the most noise in the first season signing a brigade of superstars. SRH since then has been a relatively low-key side. Harry Brook signed for INR 13 crores in 2023 was their most expensive auction signing ever. They have spent INR 735.4 crores on player salaries so far.
#6 Chennai Super Kings – INR 854.1 crores
They are the most popular side in the league’s history. The Chennai Super Kings made the most expensive signing ever in the first auction when they bought MS Dhoni for INR 6 crores. CSK has spent INR 854.1 crores so far on player salaries.
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#5 Punjab Kings – INR 860.9 crores
They have the tendency to start every season with fresh faces. Punjab Kings currently hold the record for signing the most expensive player. They bought Sam Curran for INR 18.5 crores. Punjab has spent a whopping INR 860.9 crores on player salaries so far.
#4 Delhi Capitals – INR 918.7 crores
They made heads turn when they brought Yuvraj Singh for INR 16 crores in 2015. Delhi Capitals post their name change have tried to assemble a solid team. They have spent INR 918.7 crores so far on player salaries.
#3 Kolkata Knight Riders – INR 939.6 crores
They try to keep a smaller squad as compared to other teams. The per-player salary is highest at KKR. Hence it is unsurprising that KKR features third on this list. They have splurged INR 939.6 crores so far on player salaries.
#2 Mumbai Indians – INR 978.3 crores
They were the most expensive team in the IPL when the tournament started. Mumbai Indians have been one of the highest payers when it comes to player salaries. They have spent INR 978.3 crores so far on player salaries.
#1 Royal Challengers Bangalore – INR 1003.7 crores
They are the only team who have crossed the INR 1,000 (1003.7) crores mark on player salaries so far. RCB’s most high-profile player continues to remain Virat Kohli who is their highest-paid player even now.