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Royals won the title in the tournament's inaugural edition in 2008 and Dravid said it's time the franchise won it again.
Punjab Kings have spent the lowest at Rs 9.5 crore while Rajasthan Royals have splashed Rs 79 crore on retentions.
The former Team India head coach has joined Royals on a multi-year contract.
Vikram Rathour, who was batting coach of India during Dravid's tenure, could be brough in by the franchise as its assistant coach.
Sanju acknowledged the challenge posed by the pitch and the clever bowling by SRH spinners.
Sunrisers Hyderabad will face Kolkata Knight Riders in the final on Sunday.
It was a forgettable game for the Rajasthan Royals skipper as his side crashed out of IPL 2024.
SRH spinners Shahbaz Ahmed (3/23) and Abhishek Sharma (2/24) wrecked RR in their chase.
The loss ended RCB's six-match winning streak as their search for a maiden IPL title continues.
RR restricted RCB to 172/8, a total they overhauled with six balls to spare in the Eliminator at the Narendra Modi Stadium.
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