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Steve Smith, the iconic Australian cricketer, has amassed an impressive net worth over the years. As of December 2024, Steve Smith’s net worth is estimated at $30 million. This wealth is primarily from his successful career in cricket, including his contracts with Cricket Australia, IPL earnings, and various endorsements. He has become one of the highest-earning cricketers, thanks to his outstanding performance both on the national and international stages.
Steve’s wealth also comes from his participation in other lucrative cricket leagues, such as the Big Bash League and the Major League Cricket. His consistent performance has made him one of the top earners in the world of cricket.
Steve’s financial success is a direct result of his impressive career achievements, including multiple records and accolades in Test cricket, where he is considered one of the greatest batters of his generation. Let’s dive deeper into his salary, contracts, and other sources of income.
Steve Smith’s Salary: A Cricketing Fortune
Steve Smith’s salary is one of the highest in the cricket world. As of 2024, his annual salary from Cricket Australia is approximately $2 million. This is just one part of his total income, with Smith also earning substantial amounts from the IPL and other leagues.
In addition to his base salary, Smith’s contracts with various teams in global leagues further contribute to his earnings. For instance, his IPL salary varies from year to year but has been as high as INR 12.50 crore for seasons with Rajasthan Royals. His earnings in these leagues add up significantly, bringing his total income to millions every year.
Smith’s role as a top-order batsman and his leadership on the field also ensure that he remains a highly valuable asset in the cricketing world. Whether representing Australia in the ICC tournaments or participating in leagues like the Big Bash League, Smith’s salary reflects his status as a world-class cricketer.
Key Contracts and Endorsements That Boost Steve Smith’s Net Worth
Steve Smith’s central contract with Cricket Australia plays a significant role in his wealth. He has been a consistent member of the Australian cricket team, securing central contracts year after year. For 2024-2025, Smith remains a key player in the squad, continuing to earn a substantial income from his national commitments.
Apart from his national duties, Smith has signed multi-year contracts with various T20 leagues, including the Big Bash League and the Major League Cricket. In 2024, he extended his contract with the Sydney Sixers, ensuring that his income from the Big Bash League remains consistent.
Smith’s marketability off the field also contributes to his net worth. He has endorsement deals with multiple global brands, further increasing his earnings.
Steve Smith’s Earnings from IPL
Steve Smith’s earnings from the Indian Premier League (IPL) have been significant. His journey in the IPL started with a modest salary of INR 13.88 lakh when he was signed by Royal Challengers Bangalore in 2010. Over the years, his value increased, with Smith earning up to INR 12.50 crore during his time with Rajasthan Royals.
Smith’s IPL career has seen him play for multiple teams, including Pune Warriors India, Rajasthan Royals, and Delhi Capitals. Even after a suspension in 2018, Smith returned to the IPL with impressive contracts, demonstrating his strong marketability and value.
His last IPL contract, signed in 2021 with Delhi Capitals, was worth INR 2.20 crore. Despite not participating in the 2025 auction, Smith’s IPL earnings remain a notable part of his total net worth.
Steve Smith’s Big Bash League Earnings
The Big Bash League (BBL) has also been a significant source of income for Steve Smith. He is a long-time player for the Sydney Sixers, having signed contracts for several seasons. In 2024, Smith renewed his contract with the team for a further three years, ensuring his ongoing participation in the league.
While exact figures for his BBL earnings are not disclosed, it is understood that top players like Smith earn substantial salaries from league contracts and performance-based incentives. His contribution to the Sydney Sixers’ success over the years adds to his reputation as one of the top earners in the Australian cricketing landscape.
Steve Smith’s Financial Growth Over the Years
Steve Smith’s financial growth is a direct result of his exceptional cricketing skills and his ability to secure lucrative contracts. Over the years, he has evolved from a promising player to one of the most marketable figures in international cricket.
In 2017, Steve earned USD 1.469 million annually. By 2022, he was one of the highest-paid cricketers in the world, with a reported income of $1.3 million. As of 2024, his earnings have only grown, cementing his place as a cricketing millionaire.
With his remarkable success on the field, Smith’s financial trajectory continues to rise. His smart investments, brand deals, and constant performance in international cricket ensure that his wealth will continue to grow in the years to come.
How Steve Smith’s Net Worth Stands Out
Steve Smith’s net worth of $30 million places him among the richest cricketers globally. His continuous presence in high-paying leagues like the IPL, BBL, and his Cricket Australia contracts contribute heavily to this amount.
What sets Smith apart is not just his cricketing income, but his ability to maintain a consistent presence in multiple cricketing leagues around the world. This has allowed him to diversify his income streams and secure his wealth over a long career.
For young cricketers aspiring to reach the heights of Smith’s career, he serves as an excellent example of how skill, consistency, and marketability can lead to massive financial success.
Summary of Steve Smith’s Financial Portfolio
| Income Source | Details |
|---|---|
| Cricket Australia Salary | Around $2 million annually |
| IPL Earnings | Earnings from various IPL contracts, with a high of INR 12.50 crore |
| Big Bash League (BBL) | Contract extension with Sydney Sixers (2024 onward) |
| Endorsements | Deals with global brands, contributing to his wealth |
Steve Smith’s Future Outlook
Looking ahead, Steve Smith’s financial future remains bright. With his continued involvement in ICC Champions Trophy 2025 and his role in the Australian national team, his income is set to rise further. Smith is also involved in several off-field ventures, ensuring his wealth remains protected.
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ICC Champions Trophy 2025 Matches
Pakistan vs New Zealand - 1st Match, Group A | Bangladesh vs India - 2nd Match, Group A | Afghanistan vs South Africa - 3rd Match, Group B | Australia vs England - 4th Match, Group B | Pakistan vs India - 5th Match, Group A | Bangladesh vs New Zealand - 6th Match, Group A | Australia vs South Africa - 7th Match, Group B | Afghanistan vs England - 8th Match, Group B | Pakistan vs Bangladesh - 9th Match, Group A | Afghanistan vs Australia - 10th Match, Group B | England vs South Africa - 11th Match, Group B | New Zealand vs India - 12th Match, Group A | TBA vs TBA, 1st Semi-Final | TBA vs TBA, 2nd Semi-Final | TBA vs TBA, Final |
ICC Champions Trophy 2025 Teams
PAKISTAN | NEW ZEALAND | BANGLADESH | INDIA | AFGHANISTAN | SOUTH AFRICA | AUSTRALIA | ENGLAND
