Nitish Kumar Reddy Net Worth, IPL Salary, Brand Endorsements, and Career Insights

Nitish Kumar Reddy, a rising star in the cricketing world, has been making waves with his impressive performances in IPL 2024. His growing popularity has attracted the attention of cricket fans and sparked curiosity about the financial success of young talents in the sport.

 

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In this article, we delve into Nitish Reddy’s net worth in rupees, examining his earnings from cricket and brand endorsements and providing insights into his personal life, including details about his family, car & bike collection, house, and more.

Nitish Reddy’s Earnings from BCCI

Indian cricketers who play at least 3 Tests, or 8 ODIs, or 10 T20Is within a specified period automatically qualify for the BCCI Grade C contract on a pro-rata basis, earning an annual salary of ₹1 crore. If Nitish Kumar Reddy plays in the 3rd Test of the Border-Gavaskar Trophy (BGT) 2024-25 in Brisbane, he will meet the criteria and secure a spot in the Grade C BCCI central contract. Nitish Kumar Reddy earned ₹3 lakh as a match fee for participating in the T20 series against Bangladesh in October 2024. He also receives ₹15 lakh for playing in a Test match during the Border-Gavaskar Trophy.

Nitish Kumar Reddy’s IPL Earnings

The Indian Premier League (IPL) has played a crucial role in boosting Reddy’s financial success. His journey began with a ₹20 lakh contract with Sunrisers Hyderabad in 2023; however, after a standout performance in IPL 2024, where he scored 303 runs and took three wickets, his value in the auction market skyrocketed. As a result, Sunrisers Hyderabad retained him for a significant ₹6 crore in IPL 2024.

 

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Year	Salary	Teams
2023	₹20 Lakhs.	SRH
2024	₹20 Lakhs.	SRH
2025	₹6 Cr.	SRH

Nitish Kumar Reddy’s Brand Endorsements

Puma has signed Reddy as a brand ambassador, alongside cricketer Riyan Parag, to engage with India’s youth culture and support emerging talent. Reddy expressed his excitement about representing Puma and his desire to inspire young cricketers to follow their dreams and passion for the game. However, the details of Puma’s compensation for him as a brand ambassador have yet to be revealed.

Nitish Kumar Reddy’s Family, Luxurious Residence, Lifestyles and Bike & Car collections

Nitish Kumar Reddy, born on 26 May 2003 in Visakhapatnam, Andhra Pradesh, spent his early years in Udaipur, Rajasthan, before settling back in Visakhapatnam. His father, K. Mutyala Reddy, worked at Hindustan Zinc Limited, while his mother, Manasa Reddy, is a homemaker. He also has a sister named Sharmila Reddy.

 

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Nitish recently gifted his mother a Toyota Hyryder, a thoughtful gesture from his first earnings. A bike enthusiast, he owns two popular models, the BMW G310 GS and Jawa 42. We will update this section as he adds more vehicles to his collection in the future.

 

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Nitish Kumar Reddy’s Net Worth in rupees

Media reports project Nitish Kumar Reddy’s net worth at ₹1 to ₹1.5 crores as of December 2024. This estimate excludes his IPL 2024 retention price of ₹6 crores and his earnings as a Puma brand ambassador. We will update the net worth details once we receive additional information.

Field	Details
Full Name	Kaki Nitish Kumar Reddy
Net Worth	₹10-50 Lakhs.
Age	21
Residence	Visakhapatnam
DOB	26 May 2003
Marital Status	Unmarried
Source of Wealth	BCCI match fees, IPL contracts, Brand Endorsement
Endorsements	Puma
Teams	ICT, Sunrisers Hyderabad

FAQs About Nitish Kumar Reddy’s Net Worth and Career

Q: What is Nitish Kumar Reddy’s estimated net worth as of December 2024?
His net worth is estimated to be between ₹10 lakhs to ₹50 lakhs, excluding IPL retention and brand endorsement earnings.

Q: How much does Nitish Kumar Reddy earn from his IPL contract?
He was retained by Sunrisers Hyderabad for ₹6 crore in IPL 2024-25.

Q: What are Nitish Kumar Reddy’s earnings from BCCI?
He earned ₹3 lakh as a match fee for the T20 series against Bangladesh in October 2024 and is eligible for a Grade C central contract if he plays the 3rd Test in the BGT 2024-25.

Q: What brand endorsements does Nitish Kumar Reddy have?
He is a brand ambassador for Puma, alongside Riyan Parag.

Q: How much does Nitish Kumar Reddy earn from his Puma endorsement?
The compensation details for his Puma brand ambassador role have not been disclosed yet.

Q: What is Nitish Kumar Reddy’s IPL journey?
He started with a ₹20 lakh contract with Sunrisers Hyderabad in 2023 and was retained for ₹6 crore in 2024.

Q: Where does Nitish Kumar Reddy live?
He resides in Visakhapatnam, Andhra Pradesh.

Q: What are Nitish Kumar Reddy’s family details?
His father, K. Mutyala Reddy, worked at Hindustan Zinc Limited, and his mother, Manasa Reddy, is a housewife.

Q: Is there information about Nitish Kumar Reddy’s car collection?
No, there is no information currently available about his car collection.

Q: What is Nitish Kumar Reddy’s main source of income?
His income comes from BCCI match fees, IPL contracts, and brand endorsements.

Q: When and where was Nitish Kumar Reddy born?
He was born on 26 May 2003 in Visakhapatnam, Andhra Pradesh.

Q: What are Nitish Kumar Reddy’s notable achievements in IPL 2024?
He scored 303 runs and took 3 wickets during the season.

Q: What criteria must Nitish Kumar Reddy meet to secure a BCCI Grade C contract?
He must play at least 3 Tests, 8 ODIs, or 10 T20Is within the specified period.

 

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