The IPL has a habit of saddling teams with the burden of justifying massive price tags. In 2026, we’re seeing a fresh crop of expensive overseas all-rounders who aren’t delivering the balance their teams paid for. Between the Impact Player rule making specialists more viable and the Pakistan Super League (PSL) looking for big names, these five underperformers would likely be much better off playing in Pakistan.

5 Waste of Money All-Rounders in IPL 2026 Who Should Be Dumped to PSL

5. Marcus Stoinis – Punjab Kings

Punjab Kings shelled out ₹11 crore for Stoinis, banking on his reputation as a seasoned pro. However, his value is plummeting. After a dismal 2025 where he averaged just 26.66 with the bat and bled runs at an economy of 12.35, he struggled again at the 2026 T20 World Cup. At 37, Stoinis looks like a player on the decline. With PBKS already owning better options like Marco Jansen and Azmatullah Omarzai, it’s time for Stoinis to head to the PSL to wind down a career that IPL teams have overpaid for once too often.

4. Jason Holder – Gujarat Titans

Gujarat Titans spent ₹7 crore on Holder’s reputation, but he’s become a tactical headache. He only makes the XI if Glenn Phillips sits out, forcing GT to choose between batting depth and bowling variety. While Holder is a Test legend, his medium pace is often cannon fodder on flat T20 decks like Ahmedabad. The PSL, where his height and bounce remain a genuine threat, is a much better fit for him than a GT squad that doesn’t even know how to use him.

3. Rachin Ravindra – Kolkata Knight Riders

Ravindra is a victim of a bad situation. Despite being the 2025 Champions Trophy Player of the Tournament, he has been stuck on the KKR bench. It makes little sense for a player of his calibre to be a third-string backup behind Finn Allen and Tim Seifert in a KKR camp that looks in total disarray. A talent like Ravindra shouldn’t be a reserve player; the PSL would actually give him the starting spot he has earned.

2. Liam Livingstone – Sunrisers Hyderabad

SRH dropped ₹13 crore on Livingstone, but he’s a luxury they don’t need. In a lineup where Travis Head and Abhishek Sharma attack from the first ball, Livingstone often walks out at number seven with nothing to do. Even RCB released him previously, sensing his diminishing returns. His part-time spin rarely changes games, and his brief cameos are becoming too unreliable for his price tag. He’d be a superstar in the PSL, where he’d actually bat in the top four and bowl his full quota.

1. Cameron Green – Kolkata Knight Riders

Green is the definition of a bad investment this year. KKR spent a record ₹25.20 crore on him to replace Andre Russell, only for him to arrive with a back injury that keeps him from bowling. Paying that much for a specialist batter who is currently out of form is disastrous. After KKR failed to defend 220 against Mumbai, even Sunil Gavaskar questioned the logic of playing a half-fit Green. For KKR, the math just doesn’t work. The PSL is far more budget-conscious and could use his batting without feeling cheated.