Who Are the Most Expensive Players in IPL History? A Look at Big Money Deals

The Indian Premier League (IPL) is not just a cricket tournament; it’s a global phenomenon where the spotlight often shines brightest during the IPL auction.

Over the years, the IPL has broken records, not just on the field but also off it, with players commanding astronomical bids. 

The spectacle of franchises competing for top talent demonstrates the IPL significance, where every player represents potential match-winning moments and brand-building opportunities.

In this article, we’ll explore the most expensive players in IPL history, the factors behind their high price tags, and the broader impact of these deals on the league.

The Role of the IPL Auction in Setting Records

The IPL auction is the foundation of team building, where franchises assemble squads that can navigate the challenging tournament format. It is a high-pressure event filled with strategic decisions influenced by factors like:

• Player performance history and player statistics.
• The demand for specific roles, such as all-rounders, finishers, or death bowlers.
• Team requirements based on prior seasons and IPL schedule conditions.

The bidding wars at the auction often lead to eye-watering sums being paid for players who align with these needs.

Breaking Records in IPL Auctions: The Updated List

Rishabh Pant: Lucknow Super Giants, ₹27 Crore (2025)

The 2025 IPL auction marked a historic moment when Rishabh Pant became the most expensive player in IPL history. Bought by the Lucknow Super Giants (LSG) for ₹27 crore, Pant’s explosive batting, leadership abilities, and ability to turn games single-handedly made him a highly sought-after player.

Why This Deal Was Historic:

• Pant’s return to top form following a challenging injury layoff demonstrated his resilience and adaptability.
• LSG’s strategy to build a team around a charismatic captain and proven finisher was key to this record-breaking bid.

Shreyas Iyer: Punjab Kings, ₹26.75 Crore (2025)

The Punjab Kings secured Shreyas Iyer in the same auction for ₹26.75 crore. Known for his consistency in the middle order and his calm leadership style, Iyer is seen as a critical asset for Punjab’s plans to rebuild and dominate.

Key Factors Behind the Price:

• Iyer’s leadership during his time with Delhi Capitals demonstrated his ability to guide young teams.
• His adaptability to various batting conditions makes him a cornerstone for Punjab’s lineup.

Mitchell Starc: Kolkata Knight Riders, ₹24.75 Crore (2024)

Australian pace spearhead Mitchell Starc set the record in the 2024 IPL auction when Kolkata Knight Riders (KKR) acquired him for ₹24.75 crore. Starc’s lethal bowling in death overs and ability to deliver in high-pressure games made him a prized addition.

Why KKR Spent Big:

• Starc’s proven ability to dismantle top-order batsmen and contain runs in the death overs.
• His experience in leading bowling attacks makes him an asset for KKR’s pursuit of a title.

Pat Cummins: Sunrisers Hyderabad, ₹20.50 Crore (2024)

In the same 2024 auction, Pat Cummins fetched ₹20.50 crore from Sunrisers Hyderabad. Known for his accuracy and ability to take wickets consistently, Cummins is one of the most reliable bowlers in T20 cricket.

Impact on SRH:

• SRH looked to strengthen their bowling arsenal after several seasons of underwhelming performances.
• Cummins’ ability to contribute with the bat adds depth to the lower order.

The 2023 Big Bids: Sam Curran, Cameron Green, and Nicholas Pooran

The 2023 auction saw a trio of high-value signings:

• Sam Curran (Punjab Kings, ₹18.50 Crore): Curran’s all-round abilities made him a top target. His performances in death overs and ability to anchor the middle order justified his price.
• Cameron Green (Mumbai Indians, ₹17.50 Crore): Green’s potential as a future leader and versatile skill set saw MI investing heavily in him.
• Nicholas Pooran (Lucknow Super Giants, ₹16 Crore): Pooran’s explosive batting and wicket-keeping abilities made him a smart pick for LSG.

The Evolution of Big-Money Bids in IPL History

The journey of expensive IPL players began in 2008 when MS Dhoni became the league’s most expensive player at ₹9.5 crore. Since then, the stakes have risen exponentially, with IPL franchises pushing boundaries to acquire marquee players.

Key Milestones:

• 2011: Gautam Gambhir (₹14.9 crore, KKR) became the first player to cross the ₹14-crore mark, reflecting the growing value of captains.
• 2015: Yuvraj Singh fetched ₹16 crore, highlighting the importance of iconic Indian players.
• 2021: Chris Morris became the highest-paid overseas player at ₹16.25 crore.

These milestones demonstrate how the league has evolved from modest beginnings to a global cricketing powerhouse.

Why Teams Invest Big in Star Players

Performance on the Field

Players like Rishabh Pant and Pat Cummins bring a combination of talent, consistency, and the ability to deliver in crucial moments. Their contributions often define the outcome of match highlights and IPL playoffs, justifying their high price tags.

Leadership and Team Dynamics

Franchises often target players who can serve as leaders, both on and off the field. Shreyas Iyer and MS Dhoni exemplify players who provide strategic stability while boosting team morale.

Marketability and Fan Engagement

Big-ticket players drive fan loyalty programs and merchandise sales, including special edition jerseys. Their popularity ensures greater IPL viewership statistics and increased social media presence of teams.

The Economic Impact of Expensive Players

Boosting Franchise Revenues

The acquisition of marquee players often results in a surge in ticket sales, sponsorships, and partnerships. Teams like CSK and MI have capitalized on their big signings to attract lucrative sponsorship deals.

Expanding the IPL Brand

These record-breaking deals elevate the league’s status globally, encouraging other leagues to follow suit. The economic impact of IPL extends far beyond the cricket field, influencing sports marketing and branding worldwide.

Challenges of High-Priced Signings

Performance Pressure

Players bought at record prices often face immense pressure to justify their worth. Inconsistencies or injuries can lead to criticism, as seen in the cases of Chris Morris and Yuvraj Singh in past seasons.

Team Balance

Spending heavily on one player can limit a team’s ability to invest in other key areas, potentially affecting the overall team combinations.

Memorable Performances by Expensive Players

Rishabh Pant (2025 Auction)

Though his performance in the upcoming season is awaited, Pant’s reputation as a match-winner and a leader has already justified his price tag.

Mitchell Starc (2024 Season)

Starc’s ability to deliver under pressure was instrumental in KKR’s campaign, making him one of the best bowling signings in recent memory.

Shane Watson (2018 Final)

Bought for ₹9.5 crore by CSK, Watson’s century in the final remains one of the most iconic performances in IPL history.

Conclusion: The Legacy of Big Money in IPL Auctions

The most expensive players in IPL history are more than just cricketing assets—they are symbols of the league’s ambition and its global standing. From Rishabh Pant’s record-breaking bid to the strategic acquisitions of international stars like Mitchell Starc and Sam Curran, these deals highlight the league’s commitment to excellence and entertainment.

As the IPL continues to grow, so will the stakes at the auctions, ensuring that the league remains a trendsetter in the world of sports. For fans and franchises alike, these high-profile signings represent the perfect blend of talent, strategy, and spectacle, cementing the IPL’s significance in cricket and beyond.