Since its founding, the Indian Premier League (IPL) has come a long way and today it is the fastest rising sporting league in the world. Off late, IPL has been attracting the world’s leading players, owners and sponsors to participate. Though the 80 wealthiest sports leagues of the world fall in the soccer arena, IPL is the only cricket league that is notable in sight today in the sports domain. It is also the richest league in India by all means reported with an average value of over $40 million per team. On the other hand, the Indian Super League dedicated to soccer game has only an estimated value of $7 million per team.
The 2020 IPL season is on with the auction scheduled to happen on December 19, 2019 and here we look at an overview of the total amount spent during each edition and the funds remaining with the teams when they are preparing to face the IPL 2020 auction.
IPL Total Money Spent On Auction By All Teams From 2013 to 2019
2013
| ₹ 84,74,00,000
|
2014
| ₹ 2,62,60,00,000
|
2015
| ₹ 87,60,00,000
|
2016
| ₹ 1,36,00,00,000
|
2017
| ₹ 91,15,00,000
|
2018
| ₹ 4,31,70,00,000
|
2019
| ₹ 1,06,80,00,000
|
(Source:
https://www.iplt20.com/)
IPL purse is bulging year on year with the total spends made on the players surging towards the sky. A comparative glance at the total spent done during the last two seasons will tell us that the sponsors are highly ready to spend such a big amount on fueling their teams.
IPL Total Money Spent over the last two seasons by different teams
Team
| 2019
| 2018
|
Sunrisers Hyderabad
| Rs 72.30 crore
| Rs 58.35 crore
|
Royal Challengers Bangalore
| Rs 63.85 crore
| Rs 48.85 crore
|
Rajasthan Royals
| Rs 61.05 crore
| Rs 65.85 crore
|
Mumbai Indians
| Rs 70.85 crore
| Rs 46.35 crore
|
Kolkata Knight Riders
| Rs 66.80 crore
| Rs 59 crore
|
Kings XI Punjab
| Rs 45.80 crore
| Rs 67.4 crore
|
Delhi Capitals
| Rs 56.50 crore
| Rs 45.4 crore
|
Chennai Super Kings
| Rs 73.60 crore
| Rs 40.5 crore
|
(Source:
https://sportstar.thehindu.com/cricket/ipl-2019-auction-details-of-slots-and-purse-left-with-franchises-teams/article25710985.ece)
Funds remaining with the teams for IPL 2020 season
The IPL 2020 auction is coming up on December 19, 2019 and the teams are enthusiastically pooling up their resources to bet a bigger amount on the players than the other teams. During 2019
IPL auction, all the 8 teams spent Rs 106.80 in total on the total number of 60 players who participated in the league. Here is a team-wise break-up of what is left with them when they are to confront the auction for IPL 2020 season shortly.
Funds remaining with the team during this season (IPL 2020) before going into Auction
IPL Team
| Funds remaining
| Slots available now
| Overseas slots available now
|
Sunrisers Hyderabad
| INR 17.00 Crore
| 7
| 2
|
Royal Challengers Bangalore
| INR 27.90 Crore
| 12
| 6
|
Rajasthan Royals
| INR 28.90 Crore
| 11
| 4
|
Mumbai Indians
| INR 13.05 Crore
| 7
| 2
|
Kolkata Knight Riders
| INR 35.65 Crore
| 11
| 4
|
Kings XI Punjab
| INR 42.70 Crore
| 9
| 4
|
Delhi Capitals
| INR 27.85 Crore
| 11
| 5
|
Chennai Super Kings
| INR 14.60 Crore
| 5
| 2
|
(Source:
https://sportstar.thehindu.com/cricket/ipl/ipl-2020-auction-purse-slots-overseas-chennai-super-kings-mumbai-indians/article29984212.ece)
