IPL 2026: Overseas Players Capped at Rs 18 Crore; Excess to Welfare Fund

• IPL 2026 auction introduces a new salary cap rule for overseas players.
• Overseas players cannot receive more than Rs 18 crore, regardless of the bid amount.
• Any amount bid above Rs 18 crore for an overseas player goes to the BCCI's player welfare fund.
• Franchises still pay the full bid amount from their auction purse, even if it exceeds Rs 18 crore.
• Indian players are exempt from this salary cap rule.

Why It Matters: New IPL rule caps overseas player salaries, affecting team finances and player pay.