IPL Pay Structure - Are Players Paid in Equal Terms to Their Worth

The auction in Dubai saw the 10 Indian Premier League (IPL) teams spend a total of Rs 230.45 crore. As clubs were ready for the IPL 2024 season, 72 players including 30 foreign players were auctioned at the tournament. The Australian seamer Mitchell Starc was acquired by Kolkata Knight Riders for a whopping Rs 24.75 crore, making him the most expensive purchase of the day and in IPL history. At Rs 11.75 crore, Harshal Patel was the priciest Indian, having the Punjab Kings break the bank for him. At the same time, Sameer Rizvi, who cost the Chennai Super Kings Rs 8.40 crore, was the most expensive uncapped Indian player.

Do players pocket the whole amount?

Will Rizvi receive the Rs 8.40 crore that CSK paid for him, and Starc take home the Rs 24.75 crore? Indeed. With the exception of deductions based on the structure. The corresponding cricket board receives payment in addition to releasing players. Twenty percent of the winning offer goes to the foreign players' national board. The IPL central income pool is where that charge originates. For example, Cricket Australia would receive Rs 4.95 crore in the case of Starc, who left for a reported Rs 24.75 crore.

Player's income beyond their fee:

Players get daily pay in addition to their wage from bids placed during the auction. The daily allotment differs based on the team and whether the competition is held in India or elsewhere. Players in a home IPL may receive up to Rs 5,000 a day to help with incidentals and meal costs.