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Wednesday, December 4, 2024

Here’s Breakdown Of Rishabh Pant’s IPL Earnings Whom LSG Bought For Rs 27 Cr

Rishabh Pant has become the highest-paid player in the Indian Premier League (IPL) history after the Lucknow Super Giants (LSG) made a record-breaking bid of Rs 27 crore to secure his services. This monumental deal, finalized at the IPL 2025 mega auction, marks a milestone in the tournament’s history.

The Delhi Capitals attempted to retain Pant by exercising their Right To Match (RTM) option at Rs 20.75 crore, but LSG upped the bid to Rs 27 crore, forcing Delhi to step aside. Rishabh Pant, who made a heroic comeback to cricket after surviving a life-threatening car accident in 2022, is anticipated to lead the Lucknow franchise in the upcoming IPL season starting March 14, 2025.

How Much Tax Does Rishabh Pant Pay?

The Rs 27 crore contract will be distributed over three IPL seasons, as per standard IPL rules. Here’s how the financial breakdown looks:

Total Contract Value: Rs 27 crore

Tax Deduction (30%): Rs 8.1 crore

Net Earnings (after tax): Rs 18.9 crore

This means Pant will effectively receive Rs 6.3 crore per season over the three years after taxation, provided he plays the majority of the matches.

Nitin Bhatnagar
Nitin Bhatnagar
I am an avid writer with a passion for writing on different topics related to Bollywood, Hollywood, sports, health, current affairs, viral stuff and news.

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