Ranking top 8 franchises according to the money they have spent in IPL history

In this article, let’s take a look at the huge amount of money spent by each IPL franchise in the auctions.

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5. Kings XI Punjab – 686.56 Crore

Kings XI Punjab
Kings XI Punjab. (Photo Source: IPL/BCCI)

Though Kings XI Punjab (KXIP) is yet to win its maiden title, the team has shelled out a whopping INR 686.56 crore in the auction to sign some greats of the game. Over the years, they have picked some world-class players in their team but haven’t gained fruitful results.

Ahead of IPL 2020, KXIP had retained the wicketkeeper-batsman KL Rahul for a handsome amount of INR 11 crore while they had spent INR 10.75 crore and INR 8.50 crore to add all-rounder Glenn Maxwell and pacer Sheldon Cottrell respectively in their squad.

Punjab had a disastrous start to their campaign in IPL 2020 as they lost six out of their first seven games. However, the team didn’t lose hope and managed to put up a good fight by winning five out of their last seven games. They finished at sixth position on the points tally.

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