IPL Auction Vs PSL Draft 2024: Salaries, Revenue & Prize Money

IPL Auction vs PSL Draft 2024: The Indian Premier League (IPL) has succeeded broadly for the BCCI ( Board of Control for Cricket in India) and inspired other nations’ cricket boards to launch their own T20 leagues.

Every IPL season has set new records, thereby becoming India’s most successful domestic T20 cricket league matches.

The immense growth in IPL motivated Cricket Australia to commence the BBL (Big Bash League). Later, PCB (Pakistan Cricket Board) launched the PSL (Pakistan Super League). 

Neverthless. IPL remains the dominant T20 cricket league globally in terms of, prize money, team rankings, and many other differences. 

Every IPL auction witnesses many intriguing records and top players grab lucrative packages to become the more expensive players compared to the previous edition. As a result, many new milestones are set every year to break the barriers and make the contest more flourishing.

The unique comparison of IPL Auction vs PSL Draft 2024 provides detailed information about Different teams and slots in the event, players’ highest salaries, and team purse. Furthermore, it would be exciting to delve into revenue, earnings, satellite and digital rights, and market valuation.

IPL Auction vs PSL Draft 2024: Teams and Slots in the event

10 different teams participated in the IPL 2024 auction held in Dubai. Each Franchise had to choose 332 players for the 77 slots available

Whereas in the PSL draft 2024, 6 franchises had to choose 485 players.

IPL 2024 Auction Teams:

  1. Chennai Super Kings (CSK)
  2. Mumbai Indians (MI)
  3. Gujarat Titans (GT)
  4. Lucknow Super Giants (LSG)
  5. Sunrisers Hyderabad (SRH)
  6. Delhi Capitals (DC)
  7. Kolkata Knight Riders (KKR)
  8. Royal Challengers Bangalore (RCB)
  9. Rajasthan Royals (RR)
  10. Punjab Kings (PBKS)

PSL 2024 Draft Teams:

  1. Karachi Kings (KK)
  2. Islamabad United ( IU)
  3. Multan Sultans (MS)
  4. Quetta Gladiators ( QG)
  5. Peshawar Zalmi (PZ)
  6. Lahore Qalandars ( LQ)

IPL Auction vs PSL Draft 2024: Players’ Highest Salaries

In the IPL 2024 Auction, Kolkata Knight Riders (KKR) grabbed Australian pace bowler Mitchell Starc for INR 24.75 crores. Indeed, he became the most expensive player in IPL history as well as the costliest player of the IPL auction in 2024.

Interestingly, here is the interesting conversion of Mitchell Starc’s currency into Pakistani Rupees

INR ( Indian Rupee)PKR (Pakistani Rupee)
INR 24.75 croresINR 84 crores

Conversely, in the PSL 2024 draft, a maximum salary of  $170,000 was acquired by the players in the Platinum Category. The salary in Pakistani and Indian rupee currency varies:

INR ( Indian Rupee)PKR (Pakistani Rupee)
1.4 crores84 crores

Core players in the platinum category of PSL draft 2024 include:

  1. Naseem Shah ( Pakistan)
  2. Babar Azam ( Pakistan)
  3. Shaheen Shah Afridi ( Pakistan)
  4. Rilee Rousow (South Africa)
  5. Sherfane Rutherford  (West Indies)
  6. Muhammad Rizwan ( Pakistan)
  7. David Willey ( England)

IPL vs PSL: Prize Money

The prize money for the best performers varies in the IPL and PSL tournaments based on different awards, provided with the detailed currency of INR and PKR:

AwardsIPL  ( INR / PKR)PSL  (INR / PKR)
Winners20 crores / 67.crores3.5 crores / 12 crores
Runner-up13 crores / 43.59 crores1.43 crores / 4.8 crores
Player of the tournament10 lakhs / 33.5 lakhs14.86 lakhs / 49.81 lakhs
Highest Run Scorer15 lakhs / 50.2 lakhs14.86 lakhs / 49.81 lakhs
Highest Wicket-taker15 lakhs / 50.2 lakhs14.86 lakhs / 49.81 lakhs

IPL Auction  vs PSL Draft 2024: Team Purse

IPL mini-auction 2024:

Each franchise starts with a base purse value of INR 100 crores, which is an increase of INR 5 crores compared to the previous season.

PSL 2024 Draft:

Contrarily, the tournament still follows a draft system similar to the professional leagues in North America.

The players are categorized according to their ICC rankings to ensure a balanced distribution among the teams.

IPL vs PSL: Revenue, Earnings and Market Valuation

IPL:

A whopping amount of INR 107.50 crores is earned by BCCI per match from the satellite and digital live streaming of the matches in the Indian subcontinent. 

The IPL 2023 earnings were approximately INR 90,600 crores ( $ 10.9 billion)

PSL:

An estimated amount of PKR 35.1 million ( INR 1.04 crore) PCB earns per PSL match. Notably, the PCB earned PKR 5.62 billion during the PSL 2023. The amount varies according to Dollar and Indian Rupee currency:

USDINR
$ 19.8 million167.64 crores

IPL vs PSL: Satellite and Digital Rights

The IPL and PSL are the major twenty20 cricket leagues, acquiring lucrative deals from media with a huge fan base.

Moreover, Star Sports gained the broadcasting rights and Viacom for TV and digital rights. Consecutively, with broadcasting and streaming revenue, IPL surpasses the earnings of PSL with a multi-billion dollar deal.

Here is the fascinating comparison of digital and satellite rights for IPL and PSL shown with the  previous season’s approximate revenue:

TournamentSatellite RightsRevenue per year (Satellite Rights )Digital RightsRevenue per year (Digital Rights )
IPLStar SportsINR 57.5 croresJio CinemasINR 20,500 crores for 5 years   ( Per Year: INR 4,100 crores)
PSLPTV Sports and Geo SuperPKR 5.4 billionTapal DigitalPKR 1.2 billion per year

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