IPL auction. Big name players have struck it rich, while little known players have become household names, with multi-million dollar deals. But how exactly does the IPL salary structure work? Here's a quick explainer in 10 points: - The sum that the player is bought for becomes the player's salary (taxes are worked out accordingly). - There are no other claimants for the salary money, the amount is the player's alone. - All salaries are per season. So if a player is bought for Rs 10 Crore, he is paid that amount for one season's appearance. So, in case it's a three year contract, he will be paid Rs 30 Crore (Rs 10 Cr per season, depending on availability). - In 2008, when the IPL began, the bid amounts and salaries were in US dollars. At that time the exchange rate was fixed at Rs 40 per US dollar. In 2012, the system was shifted to Indian rupees (INR).