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IPL 2024 Economics: Analysing the match-to-match expenses for teams with Pat Cummins & Mitchell Starc

For the first time in the IPL auction's history, two Australian players sold for more than INR 20 crore.

December 19, 2023 / 21:12 IST
With a bid of ₹24.75 crore, Mitchell Starc broke Pat Cummins' record to become the most expensive player in IPL auction history. He'll be a member of the Kolkata Knight Riders. (Image: PTI)
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With a bid of ₹24.75 crore, Mitchell Starc broke Pat Cummins' record to become the most expensive player in IPL auction history. He'll be a member of the Kolkata Knight Riders. (Image: PTI)
The Australian captain set a new record on December 19 in Dubai when Sunrisers Hyderabad paid Rs 20.50 crore to get him. His record, however, was short-lived as the Kolkata Knight Riders purchased Mitch Starc for Rs 24.75 crore, using more than half of their auction funds. (Image: PTI)
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The Australian captain set a new record on December 19 in Dubai when Sunrisers Hyderabad paid Rs 20.50 crore to get him. His record, however, was short-lived as the Kolkata Knight Riders purchased Mitch Starc for Rs 24.75 crore, using more than half of their auction funds. (Image: PTI)
Starc is now the most paid player in IPL history. Given his 24.75 crore sale price, he will get enough money to produce around 336 deliveries over the course of 14 matches in the 2024 season, assuming he bowls his allotted four overs in each league stage match. Starc will therefore receive a whopping INR 7,36,607 for each delivery he bowls in the upcoming IPL season. If he plays in 16 games, which is only possible if KKR advances to the playoffs and the finals, the value drops to INR 6.44 lakh.
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Starc is now the most-paid player in IPL history. Given his 24.75 crore sale price, he will get enough money to produce around 336 deliveries throughout 14 matches in the 2024 season, assuming he bowls his allotted four overs in each league stage match. Starc will therefore receive a whopping Rs 7,36,607 for each delivery he bowls in the upcoming IPL season. If he plays in 16 games, which is only possible if KKR advances to the playoffs and the finals, the value drops to INR 6.44 lakh.
With this lucrative agreement, the 30-year-old may earn INR 6.1 Lakh for every ball he bowls in every IPL 2024 game he plays. Cummins has an IPL record of 42 games, 45 wickets, and an average of 30.16 with an economy of 8.54. He has also played for the Delhi Capitals and Kolkata Knight Riders. In addition, he has the joint second-fastest fifty in IPL history, having reached the mark in IPL 2022 against the Mumbai Indians in just 14 balls.v
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With this lucrative agreement, Cummins may earn Rs. 6.1 Lakh for every ball he bowls in every IPL 2024 game he plays. Cummins has an IPL record of 42 games, 45 wickets, and an average of 30.16 with an economy of 8.54. He has also played for the Delhi Capitals and Kolkata Knight Riders. In addition, he has the joint second-fastest fifty in IPL history, having reached the mark in IPL 2022 against the Mumbai Indians in just 14 balls.
For the first time in the IPL auction's history, two Australian players sold for more than INR 20 crore. In the IPL 2024 auction, Pat Cummins made history by being the first player to record an INR 20 Cr + bid.
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For the first time in the IPL auction's history, two Australian players sold for more than INR 20 crore. (Image: AP)
Moneycontrol News
first published: Dec 19, 2023 06:29 pm

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