IPL: Expenditure of each franchise at auctions in tournament history

Over the years, IPL franchises have spent big bucks at the auction in a bid to revamp their squads.

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5. Punjab Kings - INR 778.3 CR

Punjab Kings (formerly Kings XI Punjab) had not had much success at the lucrative T20 tournament. They qualified for the knockout round in the inaugural season and then reached the finals in 2014. However, barring these two seasons, the playoff spot has eluded the Punjab franchise time and time again.

In a bid to rebuild the squad, PBKS have made wholesale changes at times and spent big money at the auction table. Ahead of the 2018 season, the Punjab team acquired the services of swashbuckling batter KL Rahul for INR 11 crore. They went all guns blazing to pick Glenn Maxwell for the 14th edition of the tournament and signed him at INR 10.75 crore.

At the 2021 IPL auction, the Punjab franchise spent a staggering sum of INR 14 crore for Jhye Richardson. They also went bonkers at the 2022 mega auction to grab Liam Livingstone and ultimately managed to pick him at INR 11.50 crore. The total investment done by PBKS over the years would add up to INR 778.3 crore.

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