The latest update on IPL 2026 reveals that overseas players are now restricted to a maximum salary of Rs 18 crore, while Indian players have no salary cap. This new rule aims to create a more balanced playing field for all players. The record for the most expensive overseas player in an IPL mini-auction is held by Mitchell Starc, who was bought by Kolkata Knight Riders for Rs 24.75 crore in 2024. KKR enters the 2026 auction with a significant budget of Rs 64.30 crore and only 12 retained players, giving them a strong financial advantage.
Under the new regulations set by the BCCI, any overseas player cannot earn more than Rs 18 crore, even if bidding surpasses that amount. Any excess money above the cap will be diverted to a player welfare fund. This rule aims to prevent mini-auctions from becoming skewed markets where overseas players benefit disproportionately. Indian players, on the other hand, are exempt from this cap and can earn their full bid amount without deductions.
While bidding wars may still occur beyond Rs 18 crore, overseas players will not see an increase in their earnings. The lower of the highest retention price or the highest winning bid from the previous mega auction sets the ceiling for overseas players’ salaries. This rule ensures fair competition and financial stability within the IPL.
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