IPL 2026: Ten Lakh Purse Builds Powerhouse Squads

Headline: IPL 2026: Ten Lakh Purse Builds Powerhouse Squads

The inaugural season of the much-anticipated Premier League Cricket (IPL) 2026 concluded its player draft on July 29, 2025. Each franchise, armed with a substantial purse of Rs 10 lakh per team, successfully assembled a formidable 16-member squad.

The draft witnessed intense bidding wars for top cricketing talent, reflecting the high stakes involved in this new league. Teams strategically balanced experience and youthful potential, resulting in diverse and competitive squads.

Experts predict a thrilling inaugural season, given the evenly matched teams and the high calibre of players secured. The substantial investment in each team promises a spectacle of cricketing prowess.

This successful player draft signals a bright future for the IPL 2026, potentially boosting the overall popularity of the sport and attracting significant investment in Indian cricket. The upcoming season promises a thrilling contest, captivating fans across the nation and beyond.

Karanveer Sharma

A dedicated journalist and legal expert with a passion for uncovering the truth and advocating for justice. With hands-on experience in investigative journalism, legal research, and case analysis, I possess a strong ability to break down complex legal and societal issues into clear, impactful narratives. My work is driven by a commitment to transparency, integrity, and empowering people with accurate, insightful information.