section_path: Organization/Player acquisition, squad composition, and salaries
section_name: Player acquisition, squad composition, and salaries
paragraph_text: Player acquisition, squad composition, and salaries
  
  A team can acquire players through the annual player auction, trading with other teams during trading windows, and signing replacements for unavailable players. Players sign up for the auction and set their base price and are bought by the highest-bidding franchise. Unsold players at the auction can become replacement signings. Trades require player consent, and any contract differences are covered by the franchise. There are typically three trading windows: two before the auction and one before the tournament. No trading is allowed outside these windows or during the tournament, but replacements can be signed before or during the event.
  
  Other notable rules, as of the 2024 season, include:
  
  Player contracts run for one year but can be extended by one or two years if the franchises take up the option. Since the 2014 season, player contracts have been denominated in the Indian rupee, before which the contracts were in the US dollar. Overseas players can be remunerated in the currency of the player's choice, at the exchange rate on either the contract due date or the actual payment date. Before the 2014 season, Indian domestic players were not included in the player auction pool. They could be signed up by franchises at a discrete amount while a fixed sum of ₹ 10 lakh (US$12,000) to ₹ 30 lakh (US$35,000) would be deducted per signing from the franchise's salary purse. This received significant opposition from franchise owners, who complained richer franchises were "luring players with under-the-table deals." The IPL later decided to include domestic players in the player auction.
  
  The BCCI give 10% of foreign players' salaries to their country's national cricket board.
  
  Based on a 2024 report by Forbes India, the average IPL salary among the top 10 highest-paid players is ₹12.37 crore, the second-highest of sports leagues in the world. Because players in the IPL are contracted only for the duration of the tournament – less than two months – the weekly IPL salaries are extrapolated pro data to obtain an average annual salary, unlike other sports leagues in which players are contracted by a single team for the entire year.
  
  According to a report by The Telegraph, IPL players are paid 18% of the revenue, which is the lowest amount compared to other major sports leagues, in which players receive at least 50% of the revenue. The Federation of International Cricketers' Associations said that IPL players must be paid fairly.
  
  A team can acquire players through the annual player auction, trading with other teams during trading windows, and signing replacements for unavailable players. Players sign up for the auction and set their base price and are bought by the highest-bidding franchise. Unsold players at the auction can become replacement signings. Trades require player consent, and any contract differences are covered by the franchise. There are typically three trading windows: two before the auction and one before the tournament. No trading is allowed outside these windows or during the tournament, but replacements can be signed before or during the event.
  
  Other notable rules, as of the 2024 season, include:
  
  Player contracts run for one year but can be extended by one or two years if the franchises take up the option. Since the 2014 season, player contracts have been denominated in the Indian rupee, before which the contracts were in the US dollar. Overseas players can be remunerated in the currency of the player's choice, at the exchange rate on either the contract due date or the actual payment date. Before the 2014 season, Indian domestic players were not included in the player auction pool. They could be signed up by franchises at a discrete amount while a fixed sum of ₹ 10 lakh (US$12,000) to ₹ 30 lakh (US$35,000) would be deducted per signing from the franchise's salary purse. This received significant opposition from franchise owners, who complained richer franchises were "luring players with under-the-table deals." The IPL later decided to include domestic players in the player auction.
  
  The BCCI give 10% of foreign players' salaries to their country's national cricket board.
  
  Based on a 2024 report by Forbes India, the average IPL salary among the top 10 highest-paid players is ₹12.37 crore, the second-highest of sports leagues in the world. Because players in the IPL are contracted only for the duration of the tournament – less than two months – the weekly IPL salaries are extrapolated pro data to obtain an average annual salary, unlike other sports leagues in which players are contracted by a single team for the entire year.
  
  According to a report by The Telegraph, IPL players are paid 18% of the revenue, which is the lowest amount compared to other major sports leagues, in which players receive at least 50% of the revenue. The Federation of International Cricketers' Associations said that IPL players must be paid fairly.