What was the amount for which MS Dhoni was auctioned in the IPL?

What was the amount for which MS Dhoni was auctioned in the IPL?

inaugural IPL auction, held in 2008, MS Dhoni indeed emerged as the highest-priced cricketer. Initially, his starting bid was set at $400,000. However, with intense bidding from multiple franchises, he was eventually sold for a staggering $1,500,000, which was a significant sum at the time.

Converting this amount to Indian currency, it was approximately 6 crore rupees in 2008. Considering the inflation and economic changes over the years, in 2024, this amount would be valued at around 12 crores rupees. This auction marked a pivotal moment in the history of the IPL and highlighted Dhoni's immense value as a player and leader in the cricketing world. 

MS Dhoni Could Have Gone For 36 Cr In IPL 2025 Auction; Here Is How

During the auction ahead of the first season of IPL, MS Dhoni was bought by CSK for a price of $1.5 Million Dollars, which when converted to INR amounts to around 6.018 Cr. This means that cost CSK 30% of their purse size.

What Is IPL Auction?

The IPL auction is an event where the players are bought by the franchises involved in the tournament by engaging in bidding wars for them. Each year the BCCI fixes a certain amount to be the purse of each franchise. In the latest edition of the IPL auction, i.e, the IPL 2025 auction each team was alloted INR 120 Cr in their purses.