During the most recent IPL 2024 auction, ten organizations were successful in purchasing 72 players prior to the 17th edition of the competition. Mitchell Starc wrote history when he was traded to the Kolkata Knight Riders for an incredible INR 24.75 crore, making him the most expensive player in the competition’s history. Just minutes before Starc placed his bid, Australia captain and teammate Pat Cummins was sold to Sunrisers Hyderabad for INR 20.50 crore. In terms of media rights, the Indian Premier League (IPL) is presently the second most lucrative sporting league in the world, having expanded tremendously in value since its first season.
Former Indian cricketer and two-time Indian Premier League champion Gautam Gambhir recently said that the IPL is the best thing that has happened to Indian cricket and that the BCCI would have sinned greatly had they not begun the competition.
According to Sportskeeda, Gautam Gambhir stated, “I think it would have been a terrible choice for BCCI since the IPL stands out as the most beneficial development for Indian cricket.”
Notably, the Indian Premier League (IPL) has grown tremendously since its inaugural season in 2008 because to the sponsorships that have contributed enormous quantities of money. The T20 league is now the second most valuable sporting league in the world in terms of per-match value, just behind the National Football League (NFL) of the USA, after the media rights were sold for an incredible INR 48, 390 crore.
Young players are prepared for international cricket via the IPL.
In addition to making everyone richer, the league has played a significant role in developing young Indian talent by giving them the opportunity to play among some of the top players in the world. In addition, the kids are put in high-stress scenarios in front of crowded arenas, which puts their nerves to the test unlike any other competition.
Because of this, India has been endowed with youthful talent that is ready to play international cricket and produce outstanding results from the very first few games. India will be keen to win the T20 World Cup in 2024 in the USA and the West Indies, despite the fact that they haven’t been able to accomplish it since the IPL’s founding.
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