IPL 2011 Auction January 10, 2011

The big gainers and losers

Madhusudhan Ramakrishnan
A look back at the numbers that have emerged from the IPL 2011 auction

Some of the choices made sense; some of them seemed incomprehensible even after detailed study. However, after two days of hectic frantic buying, 127 players joined the 12 who had been retained by their franchises for the fourth edition of the IPL. Here's a look at the way in which the franchises spent their money, and the players who gained and lost the most.

(* all player prices are in US dollars)

The 2008 IPL auction saw 75 players being auctioned for a cumulative price of $36.8 million. While the spending increased considerably in 2011 ($62.8 million), the number of players auctioned this time round was 127. This meant that the average amount spent per player was approximately the same in both auctions.

Comparing the 2008 and 2011 auctions
Year Number of players auctioned Total amount Amount/player
2008 75 36780000 490400
2011 127 62825000 494685

A batsman's game, after all

Considering the Twenty20 format is loaded in favour of batsmen and high scores, it came as no surprise that the biggest bids were for aggressive batsmen. Gautam Gambhir has been remarkably consistent, but even he might have been shocked to find he was worth $2.4 million to Kolkata. Yusuf Pathan's recent ODI heroics only added to his growing stature as a genuine matchwinner in the shorter formats, and he was snapped up by Kolkata, again, for a huge $2.1 million, which meant the franchise spent half their purse on two players. Robin Uthappa and Rohit Sharma were brilliant throughout the previous season and were justifiably among the top buys this year. Saurabh Tiwary's price of $1.6 million was an extraordinary increase over his 2008 pricing of $40,000. The best batsman of last year's World Twenty20, Mahela Jayawardene was picked up by Kochi, one of the two new teams this season, for $1.5 million.

Most expensive players at the 2011 auction (among players not retained)
Player Franchise 2011 Price 2008 Price Price increase
Gautam Gambhir Kolkata 2,400,000 725,000 1,675,000
Yusuf Pathan Kolkata 2,100,000 475,000 1,625,000
Robin Uthappa Pune 2,100,000 800,000 1,300,000
Rohit Sharma Mumbai 2,000,000 750,000 1,250,000
Irfan Pathan Delhi 1,900,000 925,000 975,000
Yuvraj Singh Pune 1,800,000 1,063,750 736,250
Saurabh Tiwary Bangalore 1,600,000 40,000 1,560,000
Mahela Jayawardene Kochi 1,500,000 475,000 1,025,000
David Hussey Punjab 1,400,000 625,000 775,000
Dale Steyn Deccan 1,200,000 325,000 875,000
AB de Villiers Bangalore 1,100,000 300,000 800,000
Jacques Kallis Kolkata 1,100,000 900,000 200,000

Stars no more?
Brian Lara and Chris Gayle found no buyers, while many other top stars who had enjoyed far higher bids in the 2008 auction sold for much lesser this time around. Despite performing quite well for Deccan Chargers in the previous seasons, Andrew Symonds' price fell by half a million dollars. Rahul Dravid and Ishant Sharma also had more than 50% decreases in prices. Kevin Pietersen, who was superb in the World Twenty20 in 2010, experienced a sharp decrease from his $1.35 million value in 2008 to finish at $650,000.

Star players who lost out
Player Franchise Price in 2008 Price in 2011 Price decrease Percentage decrease
Ishant Sharma Deccan 950,000 450,000 500,000 52.63
Kevin Pietersen Deccan 1,350,000 650,000 700,000 51.85
Rahul Dravid Rajasthan 1,035,000 500,000 535,000 51.69
Andrew Symonds Mumbai 1,350,000 850,000 500,000 37.03
Brendon McCullum Kochi 700,000 475,000 225,000 32.14

World Twenty20 matters
Did the top performers in the 2010 World Twenty20 fetch good prices at the auction? In most cases they did. Jayawardene, the best batsman of that tournament, was sold at a whopping 275% greater than his base price of $400,000. While Pietersen's value fell from his 2008 price, he still went at well over 60% of his base price. Dirk Nannes and Eoin Morgan gained significantly, but Michael Hussey gained just $25,000 over his base price of $400,000. Ashish Nehra, who was picked up by Pune Warrirors, gained more than 300% of his base price of $200,000.

Top World Twenty20 performers at the 2011 auction
Player Franchise Base Price Final price Price increase Percentage increase over base price
Ashish Nehra Pune 200,000 850,000 650,000 325%
Mahela Jayawardene Kochi 400,000 1,500,000 1,100,000 275%
Dirk Nannes Bangalore 200,000 650,000 450,000 225%
Eoin Morgan Kolkata 200,000 350,000 150,000 75%
Kevin Pietersen Deccan 400,000 650,000 250,000 62.5%
Charl Langeveldt Bangalore 100,000 140,000 40,000 40%
Michael Hussey Chennai 400,000 425,000 25,000 6.25%
Steven Smith Kochi 200,000 200,000 0 0%

Rags to riches, relatively speaking
Saurabh Tiwary's huge hitting in IPL 2010 fetched him a massive price of $1.6 million this time round, nearly 40 times his value in 2008. R Ashwin was one of the top bowlers in the previous edition for Chennai, which justifies the increase in his value this time. While the prices for Ravindra Jadeja and Umesh Yadav raised a few eyebrows, the $900,000 tag for Australian all-rounder Dan Christian was a big surprise for most.

The big gainers of IPL 2011
Player Franchise Price in 2008 Price in 2011  Increase in price
Saurabh Tiwary Bangalore 40,000 1,600,000 1,560,000
Ravindra Jadeja Kochi 30,000 950,000 920,000
Dan Christian Deccan - 900,000 900,000
R Ashwin Chennai 30,000 850,000 820,000
Umesh Yadav Delhi 30,000 750,000 720,000

Indians do best
The 52 Indian players were auctioned off for a total price of nearly $44 million, followed by Australia, who had 38 players auctioned for close to $15.5 million. South African and Sri Lankan players were also host buys, while New Zealand, England and West Indies, together, had a total of just 15 players auctioned.

Country-wise break-up of players
Country Number of players Total price Price/player
India 52 43,790,000 842,115
Sri Lanka 10 5,680,000 568,000
Australia 38 15,495,000 407,763
West Indies 3 1,200,000 400,000
South Africa 20 7,180,000 359,000
New Zealand 7 2,575,000 367,857
England 7 2,030,000 290,000

Finalists spend the least
Chennai Super Kings, the champions in last season's IPL and Champions League, and Mumbai Indians, the runners-up in IPL 2010, spent the least in the 2011 auctions. While Chennai and Mumbai retained four players each, Deccan Chargers, Punjab and Kolkata chose not to retain any players from the 2008 auction. Rajasthan Royals, the inaugural champions, retained Shane Warne and Shane Watson, and bought just six players. Kolkata Knight Riders, who bought 12 players, spent over $8.5 million, which was nearly $710,000 per player, the most for any franchise.

Spending pattern of various franchises
Franchise Players retained Players bought Total price (auctioned players) Price/player
Kolkata 0 12 8,575,000 714,583
Punjab 0 11 6,945,000 631,363
Pune 0 14 8,070,000 576,428
Bangalore 1 15 8,640,000 576,000
Rajasthan 2 6 3,095,000 515,833
Mumbai 4 8 4,020,000 502,500
Deccan 0 14 6,875,000 491,071
Kochi 0 17 7,790,000 458,235
Delhi 1 16 6,450,000 403,125
Chennai 4 14 4,165,000 297,500

Comments have now been closed for this article

  • Dummy4 on January 13, 2011, 19:26 GMT

    @ Indian_Ruels Chennai did not cheat they merely bought players from their previous team. You can't blame other teams filling their slots with extravagant buying on Chennai.

    @Maliyekkal Hayden has retired from all forms of cricket like Flintoff did.

  • Dummy4 on January 13, 2011, 18:15 GMT

    @Rahim BD:- Why Pakistani players are well known to all. About Bangladeshi players, they were all in the Auction. The competition in foreign player is much higher than that of local players. The local players are in short supply and foreign players are abundant. Viewing these 2 sectors independently then Bangladesh as all other foreign players got selected as per the a combination of talent, Age and Availability. No one against any particular country. The country which Indians did not want was not invited for the auctions

  • Dummy4 on January 13, 2011, 17:58 GMT

    @Mahadev: well said...good one :-)

  • Dummy4 on January 13, 2011, 15:59 GMT

    Its a pity that players like Tamim weren't bought by any of the teams despite him being such a talent...Scored two test centuries in English soil (Lords as well) at a strike rate of over 100 and another 150+ score gainst India...let alone others.....Michael Vaughn said 4 Bangladeshi players could easily fit into the present Aussie team. Still players like Birt, Klinger get picked and Tamim doesnt!!! Shameful!!

  • Satish on January 13, 2011, 15:52 GMT

    Teams were looking for stars and Chennai looked for performers.. How they picked team is example for others.. Once they ost Murali, they chose the replacement in Randiv.. The way they bidded for Du Plessis shows the analysis.. Would ve hoped for DJacobs but since they ve to buy more players from their old team, missed him as a caution.. Even if Srinivasan was not in BCCI, the auction wouldnt ve been any different i think..

  • Satish on January 13, 2011, 15:47 GMT

    For the guys blabbering abt Srinivasan interference in auction, Chennai retained the top 4 big players n paid heavily good amounts for Badri n Ashwin.. They were not able to retain Murali n Balaji 2nd day.. Their bid never crossed 300k for any of new players.. Full concentration on retaining the core team n got it almost.. Whom d u ve sent earlier in the auction?? Only Hussey was the star n he was auctioned early itself.. Its the mistake other teams comitted by not going for old team.. Even if Chennai loses all the matches this season, i ll be a happy CSK fan.. They have moral values and respected the guys who put good effort for them for all the 3 yrs..

  • prashanth on January 13, 2011, 13:55 GMT

    Michael Hussey for 425000 to CSK? are other franchises sleeping? This is so fake. I could see CSK troop's mad faces when Malya started to bid for R Aswin. They wanted him to stop and so he did ( but why). The best team is still Mumbai. They deserve it this time.

  • Dummy4 on January 13, 2011, 10:57 GMT

    Mumbai Indians looks strongest and very interesting as well as Bhajji and Symmo are playing for the same side. Now they can decide amongst themselves what bhajji had called Symmo and Sachin can be judge.

  • Yusuf on January 13, 2011, 8:02 GMT

    Chennai SUper kings cheated in the IPL auction. N Srinivasan did a big favour on CSK by ordering the players in the different groups. All the teams were unhappy about the way it was conducted by Srini. The players which chennai wanted to bid were all a part of the 2nd pool and by the time that pool came, most of the other teams had either filled their players or had exhausted their account. It was a very smart move by CSK and they used their internal resources quite well and were successful in fooling the other franchisees

  • Awysa on January 13, 2011, 5:03 GMT

    please include more Pakistani and Bangladeshi player so that we can enjoy our players performance else we just look for the results and may be highlights only. Its seems only Australian and south African players ? But Aussies performance is declining and they are not exciting to watch ????

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