IPL 2024 Auction vs PSL 2024 Draft: Difference In Players Salary, Revenue, Digital Rights, IPL vs PSL Market Valuation

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The Indian Premier League (IPL), recognized as the world's most lucrative franchise-based domestic T20 competition, continues to set new records each season.

The remarkable success of the IPL has significantly enriched the Board of Control for Cricket in India (BCCI), serving as an inspiration for other cricket boards to launch their own T20 leagues in the future.

The unprecedented growth of the IPL, accompanied by the substantial financial gains for the BCCI, prompted Cricket Australia to launch the Big Bash League (BBL). Subsequently, a few years later, the Pakistan Cricket Board (PCB) introduced its own domestic T20 tournament, the Pakistan Super League (PSL).

Nevertheless, it is important to note that the IPL remains the preeminent T20 cricket league globally, leading in terms of revenue generation, player salaries, and prize money. IPL vs PSL: Comparison of Prize Money, Revenue, Ranking, Players Salary and Other Differences

With every IPL Auction, we are witnessing the franchises - who are ten in number now - shatter records and break the banks to grab the services of top players. In the IPL 2024 Auction, senior Australia bowlers Mitchell Starc and Pat Cummins became the first players in the history of the league to get bids over Rs 20 crores.

Here we take a look at the major differences between IPL 2024 Auction and PSL 2024 Draft:

PSL Draft vs IPL Auction:

During the PSL 2024 Draft, a total of 485 players were shortlisted for the six franchises to shape up their squad. For IPL 2024 Auction, held in Dubai, a total of 332 players were shortlisted by the ten IPL franchises as there were a total of 77 spots up for grabs.

IPL Teams vs PSL Teams

• IPL hosts a total of 10 teams while PSL has just 6 teams since its inception in 2015.

IPL Earnings vs PSL Earnings & Market Valuation

• IPL: BCCI earned earned Rs 107.5 crore per game from the television and live streaming of the matches in the Indian subcontinent. The IPL broadcast rights for IPL 2023-2027 window were sold to Star Sports and Viacom, respectively for TV and Digital. The IPL 2023 earnings were approximately $10.9 billion.
• PSL: During the PSL 2023, Pakistan Cricket Board PKR 5.62 billion ($1,98,34,127.04) in revenue.

IPL 2024 vs PSL 2024 Players Salary

In the IPL 2024 Auction, Australia star pacer Mitchell Starc was purchased by Kolkata Knight Riders (KKR) for a whopping bid of Rs 24.75 crore. Interestingly, Starc is worth 84 Crore in Pakistani Rupees.

Australia's ODI World Cup-winning captain Pat Cummins was purchased by Sunrisers Hyderabad for Rs 20.50 crore.

In the PSL 2024 Draft, the players placed in the Platinum Category draw a salary of a maximum of $170,000, which translates to about INR 1.41 crore. Top players in the PSL such as Naseem Shah, Babar Azam, Shaheen Shah Afridi, Rilee Rousow, Sherfane Rutherford, Muhammad Rizwan, and David Willey are some of the players in the Platinum category.

IPL vs PSL Team Purse

• The total team purse in the IPL Auction 2023 was a whopping Rs 900 crore for all 10 teams.
• Pakistan Super League is a tournament that still follows a draft system.

IPL vs PSL Prize Money:

• The winner of the IPL 2023 was Rs 20 crore, while the prize money for the winner of PSL is Rs 3.5 crore.

PSL vs IPL Runners-up Prize Money

• IPL 2023 runners-up received Rs 12.5 crore.
• PSL 2023 runners-up received Rs 1.37 crore.