IPL: Expenditure of each franchise at auctions in tournament history
Over the years, IPL franchises have spent big bucks at the auction in a bid to revamp their squads.
2. Mumbai Indians - INR 884.5 CR
Mumbai Indians are the most successful franchise in the IPL. Under the leadership of Rohit Sharma, they have won the T20 extravaganza on five occasions with the most recent triumph being in 2020. Also, they have ended the runners-up position once. However, in the last edition, they were a pale shadow of their vintage self and were the wooden spoon holders of the competition.
MI are far behind when it comes to offering hefty paychecks to sign players. In the 2022 mega auction, they went hammer and tongs to pick Ishan Kishan and ended up giving INR 15.25 crore to acquire him. The Mumbai side also shelled out INR 8.25 crore to pick the power-hitter Tim David.
The five-time IPL champions have spent a total of INR 884.5 crore to sign quality personnel over the years. Some of MI’s other prominent buys at the auction table have been that of 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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