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At the IPL 2023 auction in Dubai, Sunrisers Hyderabad emerged victorious in a heated bidding war, securing the services of Australian all-rounder and World Cup-winning captain, Pat Cummins, for a staggering ₹20.5 crore. The bidding battle unfolded with Chennai Super Kings and Royal Challengers Bangalore in contention, but it was SRH that ultimately made history by shelling out the highest amount ever in the IPL for a single player.
CSK initiated the bidding at a modest base price of ₹2 crore for Pat Cummins, setting the stage for an intense showdown. Mumbai Indians and Royal Challengers Bangalore entered the fray, driving the price up to ₹4.8 crore. After a fierce tussle, Mumbai withdrew from the bidding, leaving CSK and RCB to vie for Cummins.
However, Sunrisers Hyderabad joined the race, creating a nail-biting bidding war. Eventually, SRH made a record bid of ₹20.5 crore, outlasting both CSK and RCB. This move solidifies Cummins' status as the costliest player in IPL history, marking his second stint as the league's most expensive foreign player, having been acquired by Kolkata Knight Riders for ₹15.50 crore in 2020.
Cummins, a key figure in Australia's recent successes, brings a formidable track record to the IPL, making him a prized asset for SRH in the upcoming season.