On Sunday, Rishabh Pant made headlines by becoming the most expensive player in Indian Premier League IPL history, sold to the Lucknow Super Giants for a record 3.2 million R58 million at the auction in Saudi Arabia. This overtook Heinrich Klaasen, previously the priciest player after Sunrisers Hyderabad paid R48 million for him.
South Africans also had a successful auction day
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Kagiso Rabada, the most sought-after South African, was sold to Gujurat Titans for nearly R22 million.
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David Miller joined the Lucknow Super Giants for R16 million, alongside Aiden Markram, who was acquired for R4 million.
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Quinton de Kock was bought by Kolkata Knight Riders for R7.7 million.
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Anrich Nortje also joined KKR for about R14 million.
England's white-ball captain Jos Buttler was sold to the Gujurat Titans for 1.87 million.
The IPL has significantly boosted revenue since its inception in 2008, with the Board of Control for Cricket in India BCCI becoming one of the wealthiest sports governing bodies. In June 2022, it sold the broadcast rights for five seasons for 6.2 billion.