Does the whole buy fee that a franchide paid in the ipl go to the player?

Question

like shoaib akhtar was bought for 4 lakh something dollar,will he get that amount or will he just get some fee like usual

Answer 1

whole fees goes to players

Answer 2

Yes, it goes to the player, minus the applicable taxes in India and obviously the commission of the agent who helped in getting the contract in the first place ....