The Indian Premier League (IPL) is a cash-rich league with an extensive following. Eight teams representing different cities/states/UTs compete for the most coveted trophy and the biggest cash prize in league cricket. IPL auctions are a key part of the tournament. They happen at a gap of three years, enabling teams to retain key players and sell off or trade the rest.
Each franchise enters the auction to acquire the best talent available and build a well-rounded side. While some franchisees spend generously, others prefer going cheap. Wonder which is the most valuable IPL team in terms of auction spending in IPL history? Let’s rank them all.
RCB takes the cake with overall spending of INR 821.55 Crores across all 13 IPL editions. The amount the Bangalore based franchise has spent is staggering, more so when it is yet to win an IPL title. The side features some big names, notably captain Kohli who draws a record salary of INR 17 Crore per edition. Another stalwart, AB de Villiers takes home INR 11 Crore each season.
2. Mumbai Indians:
The most successful IPL team with five titles already in the kitty, Mumbai Indians is a big spender. Its total spending stands at INR 794.49 Crores, the second most for an IPL team. MI shells out INR 15 Crores for the captain, Rohit Sharma and INR 11 Crore for all-rounder Hardik Pandya. Established names, such as Kieron Pollard, Jasprit Bumrah and Trent Boult also draw a hefty salary. MI goes overboard to fetch promising Indian domestic players who have contributed well to its success. MI is also the most valuable IPL team in terms of brand value, currently valued at $115 million.
The Shahrukh co-owned team ranks third with overall spending of INR 769.29 Crores. KKR justifies the spending with two titles (2012 and 2014) and a decent showing of late. The franchise made headlines when it recently bought Pat Cummins for a staggering 15.5 Crores. All-rounder Sunil Narine (12.50 Crores) and Andre Russell (8.5 Crores) are the other big-paid players.
4. Delhi Capitals:
DC has shuffled its squad too frequently in recent years, looking for their maiden title. For that, it has invested INR 740.05 Crores thus far. The approach seems to bear fruits, as the team made it to the finals of the 2020 edition for the first time. The new international sensation, Rishabh Pant, who will be leading the side in the forthcoming edition, gets INR 15 Crores as salary.
5. Punjab Kings:
Formerly Kings XI Punjab, Punjab Kings has invested INR 686.56 Crores in auctions on acquiring some established players. Despite the spending, PK still lives with the tag of the underdog. KL Rahul is the highest paid player (INR 11 Crores).
CSK knows how to spend judiciously and still be competitive. It has three titles to its credit and a unique record of featuring in maximum numbers of playoffs and finals. The franchise has, thus far, spent INR 675 Crores on retaining players and buying fresh talent. Captain MS Dhoni is the most expensive player, drawing INR 15 Crores per season – the second-highest for a captain.
SRH was late to enter the IPL bandwagon but has over the years shelled out INR 554.67 Crores. The franchise pays David Warner INR 12 Crores per season for his services as the skipper and top-order batsman. Manish Pandey is the second-highest-paid player, getting INR 11 Crores.
8. Rajasthan Royals:
RR doesn’t believe in spending much. With INR 524.29 Crores of total spending, it’s ranked at the bottom. RR won the inaugural IPL edition in 2008 but couldn’t repeat the performance ever since. Lately, it has invested heavily in foreign players, such as Archer, Jos Buttler and Stokes.