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IPL 2023 – This is how much each franchise has spent through the entirety of the IPL tournament

The Indian Premier League has given T20 talents from around the world the chance to join together and compete to be the greatest of the best. Additionally, it has provided young people with the chance to demonstrate their abilities on a large scale. The Indian T20 extravaganza has undoubtedly transformed T20 cricket and changed the lives of numerous players worldwide since it began in 2008.

The IPL auction has been a crucial component of the prestigious competition since it gives the franchises a chance to update their teams and develop into stronger versions of themselves. To guarantee a level playing field in the IPL market, there is a fixed salary cap for each team. Here, we examine the combined spending of all ten Indian Premier League teams –

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Number 1. Gujarat Titans (INR 88.3 Crores)

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Gujarat Titans made a big splash in the IPL by drafting Hardik Pandya, Rashid Khan, and Shubhman Gill for the 2022 season. They paid a hefty INR 15 crore apiece to Hardik and Rashid. GT arrived at the auction with INR 52 crore in their possession.

The Gujarat franchise spent a lot of money to bring in Kiwi speedster Lockie Ferguson and all-rounder Rahul Tewatia. GT paid INR 10 crore for Ferguson and INR 9 crore for Tewatia. They were also big fans of Yash Dayal, who bid for 3.20 crore during the auction. Hardik and the company spent INR 6.25 crore to get Indian veteran Mohammed Shami.

Gujarat made some excellent choices, and their signing of David Miller for INR 3 crore was one of the bargains of the big auction. Hardik & Co. invested INR 88.3 crore to assemble a group of 23 players with a good mix of youth and experience. GT went on to make history by winning the IPL championship in their first season.

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Number 2. Lucknow Super Giants (INR 89.2 Crores)

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Lucknow Super Giants showed in the 2022 season that they are not afraid to spend big money on players that catch their eye. They spent a whopping INR 17 crore to secure KL Rahul as their first-round draught choice. Furthermore, LSG paid INR 9.2 crore for Marcus Stonis’ services.

The Lucknow franchise placed a high value on attracting fast pacers and multi-faceted players during the 2022 mega auction. They went hammer and tongs to sign Avesh Khan, paying INR 10 crore for him. LSG also made significant purchases during the tournament, including Jason Holder (INR 8.75 crore), Krunal Pandya (8.25 crore), and Mark Wood (7.50 crore).

Lucknow assembled a well-rounded group of 21 players, and the new club paid INR 89.2 crore to do it. LSG enjoyed the benefits of a successful auction by making the playoffs in their debut season.

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Number 3. Rajasthan Royals (INR 613.3 Crores)

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Rajasthan Royals beat all expectations and made history by winning the first Indian Premier League in 2008. However, the Rajasthan franchise has never been able to recapture the magic. The closest they came to winning a trophy was in the 2022 season when they finished second in the competition.

The Rajasthan franchise is not known for lavish spending at auctions. This is clear from the fact that RR has invested a total of INR 613.3 crore in the lucrative T20 tournament’s 15 editions, which is the least among the teams participating since 2008. However, there have been occasions when they have deviated from this tendency and gone all out to recruit specific players.

RR pursued Ben Stokes and Jaydev Unadkat at the 2018 IPL auction and won both players for INR 12.5 crore and INR 11.5 crore, respectively. Rajasthan also made headlines when they paid INR 16.25 crore to Chris Morris in the 2021 player auction, making him the most expensive acquisition in IPL history.

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Number 4. Sunrisers Hyderabad (INR 646.9 Crores)

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Sunrisers Hyderabad, led by David Warner, etched their names in history by winning the IPL title in 2016. In the seasons that followed, they were relatively steady, making the playoffs four times in a row but never making it all the way. However, Hyderabad’s success has recently slipped, as they have finished eighth in the last two seasons.

SRH has traditionally kept a quiet profile at the auction table, which is why they are sixth on the list of franchises that have spent the most. However, at the 2018 player auction, Hyderabad went all out to recruit Manish Pandey and Rashid Khan, paying INR 11 crore and INR 9 crore, respectively.

At the 2022 mega auction, Hyderabad went all out to sign Nicholas Pooran, finally paying INR 10.75 crore for him. SRH also paid INR 14 crore to keep Kane Williamson for the 13th edition of the event.

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Number 5. Chennai Super Kings (INR 761.1 Crores)

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Chennai Super Kings have been the most consistent team in Indian Premier League history. CSK has won the event four times and finished second five times in the franchise’s 13 appearances. The Chennai team’s most recent victory was in 2021.

The four-time IPL winners have spent INR 761.1 crore to hire top-quality professionals of their choice for the lucrative T20 event. At the first auction in 2008, Chennai paid INR 9.5 crore for MS Dhoni’s services, which proved to be one of the franchise’s most historic purchases, as CSK went on to become one of the most powerful teams in the cash-rich league under Dhoni’s leadership.

CSK recognised the value of an all-rounder of Ravindra Jadeja’s quality prior to the 2012 season and spent a hefty INR 12.8 crore to get him. Jadeja has been crucial to the team’s success, and the four-time IPL winners have retained the southpaw for INR 16 crore ahead of the 15th season.

The Chennai side is notorious for its player loyalty, which was on display when they went hammer and tongs to re-sign Deepak Chahar at the 2022 mega auction and successfully snatched him for an absurd figure of INR 14 crore.

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Number 6. Punjab Kings (INR 778.3 Crores)

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The Punjab Kings (previously Kings XI Punjab) have struggled in the lucrative T20 tournament. They advanced to the knockout stage in their first season and then to the finals in 2014. However, except for these two seasons, the Punjab club has been denied a playoff place on several occasions.

In order to restore the squad, PBKS has made sweeping changes at times and spent large sums of money at auction. The Punjab club paid INR 11 crore for the services of swashbuckling batter KL Rahul ahead of the 2018 season. They went all out to recruit Glenn Maxwell for the 14th edition of the event, paying INR 10.75 crore.

The Punjab franchise paid a whopping INR 14 crore for Jhye Richardson in the 2021 IPL auction. They also went all out in the 2022 big auction to get Liam Livingstone, eventually winning him for INR 11.50 crore. PBKS’s overall investment throughout the years would amount to INR 778.3 crore.

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Number 7. Delhi Capitals (INR 826.6 Crores)

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The Delhi Capitals (Delhi Daredevils till 2018) have been plagued by inconsistency throughout the years and have yet to win a trophy. However, they have played some impressive cricket in the previous four seasons, qualifying for the playoffs three times. In the 2020 season, they even made the finals but were defeated by the Mumbai Indians in the final.

DC has invested a total of INR 826.6 crore on 15 editions of the lucrative T20 league. They have busted the bank a few times to sign a player. The Delhi team paid INR 12.5 crore for Dinesh Karthik at the 2014 player auction. The Capitals then pursued Yuvraj Singh in the following auction and ultimately signed him for 16 crores.

DC spent INR 9 crore to add Glenn Maxwell to their arsenal for the 2018 season of the cash-rich league. Another large acquisition from Delhi occurred in the previous IPL auction when they bought Shardul Thakur for a whopping INR 10.75 crore.

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Number 8. Kolkata Knight Riders (INR 852.5 Crores)

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The Kolkata Knight Riders have won the IPL twice, in 2012 and 2014. In the 14th season, the Kolkata franchise advanced to the finals but was defeated by the Chennai Super Kings.

Kolkata has made numerous star acquisitions and has had to pay a lot of money to get the players they want. KKR went all-in to recruit Gautam Gambhir in the 2011 player auction, eventually paying INR 14.9 crore for him. This proved to be an excellent investment, as the Knight Riders won two championships under Gambhir’s leadership.

KKR went all-in for Pat Cummins in the 2020 IPL auction, paying a hefty INR 15.5 crore. The Kolkata franchise left no stone unturned in the last auction to sign Shreyas Iyer for INR 12.25 crore. In total, the two-time IPL champions have spent over INR 852.5 crore during the 15-year history of the high-profile league.

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Number 9. Mumbai Indians (INR 884.5 Crores)

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The Mumbai Indians are the IPL’s most successful franchise. They have won the T20 spectacularly five times under Rohit Sharma’s leadership, the most recent victory being in 2020. They have also finished as runners-up once. However, in the most recent edition, they were a faint shade of their former selves and were the competition’s wooden spoon holders.

When it comes to signing players, MI is well behind the competition. They went hammer and tongs to get Ishan Kishan in the 2022 super auction, paying INR 15.25 crore for him. The Mumbai team also spent INR 8.25 crore to sign power-hitter Tim David.

Over the years, the five-time IPL winners have spent a total of INR 884.5 crore on quality employees. Other notable auction purchases by MI include Jofra Archer (INR 8 crore in 2022), Krunal Pandya (INR 8.8 crore in 2018), Nathan Counter-Nile (INR 8 crore in 2020), and Maxwell (INR 6.3 crore in 2013).

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Number 10. Royal Challengers Bangalore (INR 910.5 Crores)

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The Royal Challengers Bangalore has been one of the cash-rich league’s most popular franchises. RCB have shown flashes of brilliance in the flagship competition, but they have yet to carve their names in history. Bangalore’s finest years have been 2009, 2011, and 2016, when the franchises finished as runners-up.

The Royal Challengers Bangalore are the tournament’s biggest spenders, having invested a whopping INR 910.5 crore since its establishment. They have frequently stolen the show with their high-profile signings. The Bangalore franchise spent an absurd sum of INR 14 crore to sign Yuvraj Singh at the 2014 IPL auction.

Tymal Mills was bought by RCB for an eye-watering INR 12 crore before the 2017 season. Also, in the 2021 player auction, the Bangalore club went to great lengths to secure Kyle Jamieson and Glenn Maxwell, signing the duo for a total of INR 29.25 crore.