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US$5 million
- For the inaugural IPL season, each team had a salary cap of US$5 million (Rs. 20 crore approx.).
en.wikipedia.org/wiki/2008_Indian_Premier_League
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14 hours ago · The new rule, however, will not be implemented right away and will instead be put to use for the first time in the mini auction for the 2026 Indian Premier League. read more Australian pacer Mitchell Starc became the costliest player in IPL history after being acquired by Kolkata Knight Riders for ...
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Indian Premier League (IPL) has evolved and grown...
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11 hours ago · The Indian Premier League Governing Council (IPL GC) has increased the total salary cap for the 2025 season by 33% year-on-year to ₹146 crore, up from ₹110 crore in the 2024 season. The salary cap will rise further to ₹151 crore and ₹157 crore for the 2026 and 2027 IPL seasons, respectively.
For the inaugural IPL season, each team had a salary cap of US$5 million (Rs. 20 crore approx.). Sachin Tendulkar , Sourav Ganguly , Rahul Dravid , Yuvraj Singh and Virender Sehwag were classified as icon players .
Feb 19, 2021 · This money comes out of the IPL central revenue pool - In 2008, when the IPL began, the bid amounts and salaries were in US dollars. At that time the exchange rate was fixed at Rs 40 per US dollar.
Feb 15, 2022 · But how exactly does the IPL salary structure work? Here's a quick explainer in 10 points: - The sum that the player is bought for becomes the player's salary (taxes are worked out accordingly).
Mar 22, 2024 · Indian Premier League (IPL) has evolved and grown significantly since its first season in 2008. The value of IPL has increased by 433% since 2008. The salary cap for franchises has increased from Rs 20 crore in 2008 to Rs 100 crore in 2024.
Apr 26, 2022 · Last October, the IPL sold two expansion teams: CVC Capital paid around $750 million for the Gujarat Titans, and Sanjiv Goenka purchased the Lucknow Super Giants for about $950 million. The...