Why Cameron Green’s IPL Pay Is ₹18 Crore, Not ₹25.2 Crore
The IPL mini-auction witnessed history when Australian all-rounder Cameron Green attracted a staggering INR 25.2 crore bid from Kolkata Knight Riders (KKR). Making it the highest-ever bid for an overseas player at an IPL auction. However, despite the headline-grabbing figure, Green will actually take home only INR 18 crore. This apparent contradiction stems from a new rule introduced by the Board of Control for Cricket in India (BCCI). Which will be aimed at regulating overseas player earnings and maintaining financial balance among franchises.
The reason Cameron Green will not receive the full ₹25.2 crore lies in a recently introduced BCCI regulation governing overseas player salaries at mini-auctions.
Under this rule, the maximum amount an overseas player can earn from a mini-auction is capped at the lower of,
In the current cycle, although Rishabh Pant was bought for INR 27 crore, the highest retention price stands at INR18 crore. As a result, 18 crore becomes the effective salary cap for any overseas player picked at the mini-auction.
If an overseas player’s auction bid exceeds the INR18 crore cap, the excess amount is not paid to the player or the franchise. Instead, it goes directly to the BCCI.
In Cameron Green’s case,
This mechanism ensures that franchises are free to bid competitively, but overseas players do not earn more than the prescribed ceiling.
The BCCI brought in this rule after noticing a trend of overseas players attracting disproportionately high bids at mini-auctions, sometimes far exceeding what even top Indian players earned through retentions.
The objectives behind the rule includE,
By linking overseas salaries to the retention ceiling, the BCCI has reinforced the primacy of Indian core players in team-building.
Did you know that many important decisions affecting the whole world are taken in special…
On the 40th Foundation Day of the Department of Biotechnology (DBT), Union Minister Jitendra Singh…
The 7th All India Conference of Government Railway Police (GRP) Chiefs, convened by the Railway…
Did you know that one district in Kerala plays a huge role in filling the…
The Employees’ State Insurance Corporation (ESIC) commenced its 75th Foundation Year celebrations at Bharat Mandapam,…
Did you know that one district in Kerala is lovingly called the “crown” of the…