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Updated December 21st, 2023 at 21:00 IST

'From Rs 10.75 crore to 4 cr, 3.4 crore to 60 Lakhs': Indian players lost crores in IPL 2024 auction

Franchises spent over INR 230 crore or $276 million to buy 72 players including 30 overseas stars. Mitchell Starc became the most expensive buy at 24 crore.

Reported by: Vishal Tiwari
Shardul Thakur in action
Shardul Thakur in action | Image:AP
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The auction for the 2024 edition of the Indian Premier League (IPL) took place at the Coca-Cola Arena in Dubai on Tuesday, December 19. A total of 333 players went down under the hammer during the mega-bidding event. Franchises spent over INR 230 crore or $276 million to buy 72 players including 30 overseas stars. Mitchell Starc became the most expensive purchase at the auction as he was bought by Kolkata Knight Riders (KKR) for a hopping INR 24.75 crore.

3 things you need to know

  • This is the first time the IPL 2024 auction was held outside of India
  • Pat Cummins became the second most expensive buy at INR 20.50 crore
  • Harshal Patel was the most expensive Indian player at the auction 

Also Read: 'I don't think T20 is his best. He's a Test bowler': Australia legend slams megastar's IPL price tag

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List of 5 Indian players who lost crores at the auction

Nevertheless, not all players experienced a surge in wealth during the IPL 2024 auction, as some of them witnessed a significant reduction in their salaries compared to the previous year.

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Manish Pandey: The veteran India batter was part of Delhi Capitals in IPL 2023 and was bought for INR 4.60 crore. Kolkata Knight Riders purchased the 34-year-old for only INR 50 lakh at the IPL 2024 auction. 

Shardul Thakur: The Indian all-rounder was bought by KKR for INR 10.75 crore in the IPL 2023 auction. This year, Shardul has been purchased by Chennai Super Kings for only INR 4 crore. 

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Kartik Tyagi: Sunrisers Hyderabad bought Tyagi for INR 4 crore ahead of IPL 2023. Gujarat Titans purchased Tyagi for INR 60 lakh at the IPL 2024 auction. 

Shahrukh Khan: Punjab Kings had bought the hard-hitting youngster for INR 9 crore at IPL 2023 auction. This year, he has been secured by Gujarat Titans for INR 7.40 crore. 

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Chetan Sakariya: Delhi Capitals bought the bowler for INR 4.20 crore at IPL 2023 auction. This year, Sakariya has been purchased by Kolkata Knight Riders for INR 50 lakh only.

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Published December 21st, 2023 at 21:00 IST

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