IPL news January 5, 2012

Dinesh Karthik to transfer to Mumbai Indians

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Dinesh Karthik, the Tamil Nadu wicketkeeper, will move from Kings XI Punjab to the Mumbai Indians in the first notable transfer ahead of the IPL's fifth season. Karthik was bagged by the Mumbai Indians for an undisclosed sum. A BCCI insider said it was easily the highest sum paid to buy a player from another team in the history of the IPL. In exchange for Karthik, allrounder R Sathish will go to Kings XI.

"It was a substantial sum and easily the highest in strictly trading terms," the board official said. "Mumbai wanted a keeper. Punjab did not mind as they were getting a good amount of money."

Kings XI had spent $900,000 (Rs 4.77 crores) on Karthik during the Jaunary 2011 auction, making him the second-most expensive player in their squad, behind David Hussey and joint with captain Adam Gilchrist. Though the IPL and both franchises have been muted about the trade, it is understood that Mumbai have paid $2.35 million (Rs 12.4 crores* approximately) for Karthik. Unlike during the auction, when the franchises are restricted by a specific purse, there are no caps on spending during trading. According to IPL rules, 20% of the profit made in a trade - in this case $1.45 million - goes to the player with the rest going to the franchise selling him.

Sathish, who does not have an India cap, will be paid Rs 30 lakhs ($56,619) by Kings XI according to IPL rules.

Despite having a power-packed squad, Mumbai Indians have struggled to find a full-time wicketkeeper. Yogesh Takawale, Luke Ronchi and Aditya Tare were tried over the first three seasons. They bought South African Davy Jacobs during the 2011 auction, and he turned heads by standing up to the quicks. However, he picked up a hip injury during the Champions League T20 in September last year, forcing Mumbai Indians to throw the gloves to Ambati Rayudu, whose frailties as a keeper were exposed during the tournament.

When the trading window opened on December 15, 2011, Mumbai Indians immediately declared their interest in Karthik. Kings XI have Gilchrist as their first-choice wicketkeeper and Haryana's Nitin Saini in reserve, which would have made it easier for them to take the large amount offered for Karthik.

Karthik spent the first three IPL seasons at the Delhi Daredevils but they did not retain him for the next season. Kings XI grabbed him at the auction, doubling the $525,000 Delhi had bought him for in 2008. Karthik was the first-choice wicketkeeper for the Daredevils but had to play as a batsman for Kings XI. In thirteen matches for Kings XI, he scored 282 runs at 25.63. In his 46 matches for the Daredevils, in the IPL and CLT20, he got 803 runs at 25.90 and affected 37 dismissals.

In a release issued by the BCCI, the owners of Kings XI were quoted as saying, "Dinesh played an important role for Kings XI Punjab last season, but with our captain Adam Gilchrist donning the wicketkeeping gloves, we were unable to harness Dinesh's complete potential. Everybody at Kings XI Punjab wishes him the very best in his future endeavours."

The owner of Mumbai Indians, Nita Ambani, said: "We are very pleased to add a player of Dinesh Karthik's calibre and specific skills to the Mumbai Indians squad as this addition will further strengthen our side."

Sathish joined the Mumbai Indians for the third season of the IPL; he was granted amnesty by the BCCI after he quit the rebel Indian Cricket League. He played 28 matches for the Mumbai Indians in the IPL and CLT20, scored 223 runs at 15.92 and took two wickets. He also impressed with his athletic fielding.

The first window for trading between IPL franchises closes on January 20. There will be another short window for trading after the February 4 auction in which the players of now terminated franchise Kochi Tuskers Kerala will be sold.

04:26 GMT, Jan 7: This story had said Rs 1.24 crores. This has been corrected

Nagraj Gollapudi is an assistant editor at ESPNcricinfo

Comments have now been closed for this article

  • on January 8, 2012, 19:06 GMT

    can have and should have waited for kochi players auctions. brandon mcculum and parthiv patel were up for grab and any one of them could have been better buy than a misfiring dinesh.

  • on January 8, 2012, 14:51 GMT

    I think it's a good move under the circumstances.MI need a keeper,they got one. They might not get a good one during the auctions. they made hay while the sun shone.as for the money,why would mukesh ambani care about 12 crores???????

  • Sakthiivel on January 7, 2012, 13:05 GMT

    Good buy for Mumbai,Dinesh replace Karthick as they can add another foreign player into Playing XI. Strengthening the Team.

  • ravi_shankar88 on January 7, 2012, 7:29 GMT

    @good to see more about 50% of my fellow indian fans hates this circus ipl and cares more for the national side. waitin for the day the word 'IPL' is completely removed from indian cricketing dictionary.....?

  • on January 7, 2012, 5:42 GMT

    @koolramesh...Stuart Binny is not with Mumbai Indians....He is playing for Rajastan Royals from last year....

  • AbhiNaik on January 6, 2012, 21:26 GMT

    12 Cr on Kartik. What a joke. Would like to know who out of Shaun Pollock/Paras Mhambrey/Jonty Rhodes/Rahul Sanghvi/Nita Ambani/Nita Ambanis' son/(Any other coaching guy) made this decision. Should have got back Marathe from Kochi (They wont be dere anyways so he was free)

  • AbhiNaik on January 6, 2012, 21:15 GMT

    12 Cr on Kartik. What a joke. Would like to know who out of Shaun Pollock/Paras Mhambrey/Jonty Rhodes/Rahul Sanghvi/Nita Ambani/Nita Ambanis' son/(Any other coaching guy) made this decision. Should have got back Marathe from Kochi (They wont be dere anyways so he was free)

  • on January 6, 2012, 19:28 GMT

    how can $900k equal Rs 4 cr and $2.35 million one fourth of that value? numbers swapped?

  • on January 6, 2012, 16:51 GMT

    $ 2.35 million = 12.4456 crore hota hai, its 10 times to that of 1.244

  • Mann123 on January 6, 2012, 16:09 GMT

    As i see it, Kings XI punjab dont care about winning the IPL or making a very strong team. They seem more business minded and want to earn enough return on the investment. They didn't use their cap at the auction ( at least 2 mil less). Their performances in the field show the attitude of owners. Other than Valthaty's heroics which were a surprise they were biting dust each time. The trend will continue. Its just pathetic from their Fan's point of view and I am one of them.

  • on January 8, 2012, 19:06 GMT

    can have and should have waited for kochi players auctions. brandon mcculum and parthiv patel were up for grab and any one of them could have been better buy than a misfiring dinesh.

  • on January 8, 2012, 14:51 GMT

    I think it's a good move under the circumstances.MI need a keeper,they got one. They might not get a good one during the auctions. they made hay while the sun shone.as for the money,why would mukesh ambani care about 12 crores???????

  • Sakthiivel on January 7, 2012, 13:05 GMT

    Good buy for Mumbai,Dinesh replace Karthick as they can add another foreign player into Playing XI. Strengthening the Team.

  • ravi_shankar88 on January 7, 2012, 7:29 GMT

    @good to see more about 50% of my fellow indian fans hates this circus ipl and cares more for the national side. waitin for the day the word 'IPL' is completely removed from indian cricketing dictionary.....?

  • on January 7, 2012, 5:42 GMT

    @koolramesh...Stuart Binny is not with Mumbai Indians....He is playing for Rajastan Royals from last year....

  • AbhiNaik on January 6, 2012, 21:26 GMT

    12 Cr on Kartik. What a joke. Would like to know who out of Shaun Pollock/Paras Mhambrey/Jonty Rhodes/Rahul Sanghvi/Nita Ambani/Nita Ambanis' son/(Any other coaching guy) made this decision. Should have got back Marathe from Kochi (They wont be dere anyways so he was free)

  • AbhiNaik on January 6, 2012, 21:15 GMT

    12 Cr on Kartik. What a joke. Would like to know who out of Shaun Pollock/Paras Mhambrey/Jonty Rhodes/Rahul Sanghvi/Nita Ambani/Nita Ambanis' son/(Any other coaching guy) made this decision. Should have got back Marathe from Kochi (They wont be dere anyways so he was free)

  • on January 6, 2012, 19:28 GMT

    how can $900k equal Rs 4 cr and $2.35 million one fourth of that value? numbers swapped?

  • on January 6, 2012, 16:51 GMT

    $ 2.35 million = 12.4456 crore hota hai, its 10 times to that of 1.244

  • Mann123 on January 6, 2012, 16:09 GMT

    As i see it, Kings XI punjab dont care about winning the IPL or making a very strong team. They seem more business minded and want to earn enough return on the investment. They didn't use their cap at the auction ( at least 2 mil less). Their performances in the field show the attitude of owners. Other than Valthaty's heroics which were a surprise they were biting dust each time. The trend will continue. Its just pathetic from their Fan's point of view and I am one of them.

  • atulcricket on January 6, 2012, 15:38 GMT

    Mr. Nagraj Gollapudi, what is this, Mumbai have paid $2.35 million (Rs.1.24 crores approximately) for Karthik. Unlike during the auction, when the franchises are restricted by a specific purse, there are no caps on spending during trading. According to IPL rules, 20% of the profit made in a trade - in this case $1.45 million - goes to the player with the rest going to the franchise selling him????

  • on January 6, 2012, 15:17 GMT

    "it is understood that Mumbai have paid $2.35 million (Rs.1.24 crores approximately) for Karthik."

    I think $2.35 million = INR 12.4456 crore. How come you say 1.24 crore?? Please clarify it ASAP.

  • on January 6, 2012, 15:14 GMT

    @OHHMATTYMATTY - I DONT LIKE U FOR THE EXTREME BAD THINGS U SAY ABOUT US TO DEFEND ENGLAND BUT WHY DO YOU WANT TO SPOIL YOUR PLAYERS LIKE OURS AND SOON AUS WILL TO EXPERIENCE

  • ahweak on January 6, 2012, 14:50 GMT

    And the circus continues....

  • on January 6, 2012, 14:01 GMT

    Poor DK, he has never been given a decent run in the Indian test squad as he has been wrongly pigeonholed as a second-choice keeper. What the selectors have failed to recognize is his potential as a specialist opener, especially in foreign conditions where the underachieving Gambhir and the unreliable Sehwag have been serial failures. Just another sad case of a real Test-calibre talent being overlooked to accommodate the creaking Test batting lineup (see also Rahane and Pujara).

    That said, this is a good move by MI as DK proved his worth time and again while playing for the Daredevils with a string of gutsy, match-saving innings from three down. But it's unfortunate that they accomplished this in their trademark underhanded manner, bypassing the auction where they couldn't throw money around as freely due to the cap on spending.

  • on January 6, 2012, 13:21 GMT

    IPL should have allowed the teams to have an option of offloading some players from their existing squad. Atleast at the sake of Deccan Chargers, who can easily offload C.White, D.Christian, C.Lynn based on their failures in last season then with their disastrous form in Big Bash League. Kevin Pietersen is another one who does't fit in that team and will never available for more than 2-3 weeks in any season. With Ishanth Sharma set to miss the entire season with surgery they will have to spend upto $1.0 Million on an Indian bowler (stiff chance for RP Singh to rejoin).

    So the only option they have now to strengthen their squad is to involve in transfer market. I suggest their management to look into these options C.White<---> T.Birt/A.Finch; KP <---> Dilshan/ABD; D.Christian <---> J.Hopes/A.McDonald; I.Jaggi <---> T.Suman; A.Mishra/P.Ojha <---> A.Nayar.

  • on January 6, 2012, 12:56 GMT

    This much amount for a player of his caliber is too much. They should have gone for one of P.Patel (Who could be a perfect partner for Cricket God) or McCullum (Who had a wonderful knock in that ground last season) or Tom Triffit from auction.

    RCB and KKR are the other teams looking for a strong wicket-keeper. So definitely McCullum will go into auction with big pockets.

  • on January 6, 2012, 12:40 GMT

    mumbai cud have buy dinesh chandimal for very cheap price, he;s a way better player than karthik

  • on January 6, 2012, 12:04 GMT

    Hehe jealous aussies say they dont care and come to this topic and read it and say they dont care haha .ipl is an entertainer .how much ever u blame it for indian team's losses it is here to stay !! Honestly say me when an ipl match goes on in the tv how many ppl shut their tv off ?? Very few atleast not me.if there is no ipl we could have nevrr got to know who is umesh yadav,varun aaron and virat kohli !! And many others !!its a platform for the players to get noticed .if team india is not playing well outside india we blame ipl !! India were never a great visiting team !! I

  • koolramesh on January 6, 2012, 11:08 GMT

    The reason behind trading is Mumbai can replace Satish with Stuart Binny who is in good form with both bat and ball. They need a Indian WK in case of non availability of Jacobs or poor performance by Rayudu.

  • Sharath274 on January 6, 2012, 10:25 GMT

    Agree with the_Srikanth ; Parthiv wud have been an equally good choice and wud have worked out much less.... cant be spending ur money around like this !!!

  • DINESHCC on January 6, 2012, 8:42 GMT

    OH! What a great news for India. With this move, now India is the front runner for next T-20 world cup winner and 2015 ODI world cup. This move will also facilitate India to get a series win in SA in 2014, AUS in 2015, SL in 2013, Pak in 2013(?) and to achieve the No.1 test / ODI / T-20 status and to remain in the same position for the next 10 years. What a great news! As commented by swwastik123 please stop this circus immediately.

  • Ennarkay on January 6, 2012, 8:11 GMT

    I have a Question. When a player gets 'bought' in an auction for, say, a million, does he get all the money? is it for one season or all three seasons put together? Also, suppose he doesn't play all the matches, how's his pay calculated?

  • eden.2001.fakr.hai on January 6, 2012, 8:02 GMT

    IPL lovers are lucky in a way. No tension while we who wake up daily early morning are getting disappointed day be day. I wish I could have loved IPL as much.

  • rahu367 on January 6, 2012, 7:54 GMT

    good move by mumbai they can win this ipl with this team coz karthik is a good finisher

  • on January 6, 2012, 7:18 GMT

    Seen lot of Raydu's, Jacobs behind the stumps! Time to have one who is matured enuf to get the wide one, Cheeers Mumbai Indians, That's the great deal :)

  • maddy1986 on January 6, 2012, 6:55 GMT

    well dinesh karthick have the raw talent as a keeper and i hink he can mature under the capitancy of sachin

  • AllwinJ on January 6, 2012, 6:30 GMT

    Wow. This way, the money get rotated between the companies and the player gets a pittance of the share. What an idea Sirji.

  • joseyesu on January 6, 2012, 6:12 GMT

    When Rayadu is performing then why DK

  • on January 6, 2012, 5:52 GMT

    I don't think Parthiv Patel is in the same class as Dinesh Karthik either as a batsman or wicket keeper. PP is not bad but just not as good as DK, imho.

  • on January 6, 2012, 5:45 GMT

    Superb move by MI. Really clever move. I wonder who was the brain behind the move. Sachin or Mukesh or someone else ??? Dinesh needs to be a regular in the Indian squad as well. Maybe in the extras, but in the squad nevertheless.

  • sunilreddy on January 6, 2012, 5:40 GMT

    Who cares about IPL...It's a disgrace to the cricket.

  • FoollyFedUp on January 6, 2012, 5:06 GMT

    Wow !!! This is indeed breaking news. Why bother about the Sydney Debacle, when such things are more profitable. Good on you, Dinesh Karthick. Have a ball.

  • satish619chandar on January 6, 2012, 3:35 GMT

    Mumbai could ve got Parthiv in auction but Parthiv can only open and Mumbai have a very strong top order.. DK can bat wherever the team requires him to bat.. DK was good for KXIP.. Not sure why they released him.. Overall, a very good purchase for MI..

  • on January 6, 2012, 3:31 GMT

    thats is handy buy for mumbai indians... they pick 1 or 2 good player from auction.... which will be held on 4 feb.... then mi will rock ipl. and kartik is best wk betsmen in india after ms dhoni.. so it is excellent buy.. com\on mi.

  • ruky on January 6, 2012, 3:19 GMT

    they should have by Dinesh Chandimal

  • on January 6, 2012, 1:45 GMT

    It is a Gain for Kings XI Because the use DK as batsman. For a batsman even satish can do the job. and he can roll the arms too not to say he is a brilliant fielder and matured player who's having a price tag at throw away Price. So Good Buy for Kings XI and it is a loss to MI

  • doublestrike on January 6, 2012, 0:35 GMT

    Yes, sensational news coverage on Cricinfo & "who cares", yet it brings GOOD TIDINGS for the New Year. KXIP should also dump Nayar if a buyer can be found on the back of this year's Ranji. Mandeep Singh was & is their most impressive domestic MO bat. A good prospect for India's MO. Hope KXIP picks up Jadeja + Vinay Kumar, and not Sreesanth (by mistake or out of desperation).

  • on January 6, 2012, 0:20 GMT

    A prosperous New Year for Karthik in the real sense. Ignored by the national selectors (rightly so as he has not done anything spectacular to grab their attention), he has struck gold.

  • Yaad_Aa_Gaya_Mujhko_India on January 5, 2012, 23:15 GMT

    KXIP probably realize that they do not have a real chance to make the knockout stages or even put up a strong fight in IPL 5 with their current squad. I guess that is why they are looking to bring in some cashflow for the upcoming Kochi auction. Mumbai Indians on the other hand realize that they have a great chance of winning their maiden IPL title this year with the Super Kings being the only other side that can match them in talent or star power. Mumbai Indians need that slight edge that can push them over the Superkings and Dhoni's raw power. This trade is like a big political party doing an alliance with a regional party for mutual benefit! Get ready CSK, this is aimed straight at your IPL throne.

  • OhhhMattyMatty on January 5, 2012, 23:09 GMT

    Could have signed some decent keeper-batsmen like Matt Prior, Steve Davies, Craig Kieswetter, Jonny Bairstow or Jos Buttler.

  • InnocentGuy on January 5, 2012, 20:43 GMT

    Here we go again...

  • the_Srikanth on January 5, 2012, 20:19 GMT

    That's such a waste of money, even the richest sports team owner in the world should not shamelessly throw his money around like this. This has nothing to do with Karthik's skills. He is no doubt one of the best wicketkeeper batsmen in the country. But what I meant is that Mumbai could have waited for the auctions and acquired Parthiv Patel instead. Parthiv is in the same level as Karthik. And that would have been a smart way to spend your money. But like I said, Mumbai have just way too much money and need not make any trade-offs that smaller teams would normally make.

  • Raj12345 on January 5, 2012, 20:04 GMT

    Right move by MI. Rayadu is hype.

    Also, DK should be given chance in ODI & Test to prove his middle order capability.

  • on January 5, 2012, 18:43 GMT

    it will be fantastic if bangalore get back there star robin uthappa...

  • on January 5, 2012, 18:19 GMT

    mumbai indians needed the wicket keeper and they have got him.

  • on January 5, 2012, 18:16 GMT

    Good buy for Mumbai. with Karthik joining Rayudu, Rohit Sharma and Franklinb, they have a strong middle order (not good as CSK's though). Winning the CLT20 didn't hide the fact they do have a tendency for middle order collapses (against T&T, NSW, and in the final), so strengthening the middle order is very good for them.

  • AbhiNaik on January 5, 2012, 18:13 GMT

    What a waste. Should have bought back Marathe (keeper), Rahane and Valthaty...original Mumbaikars

  • Romenevans on January 5, 2012, 17:53 GMT

    Who Cares? Does that even makes a news of it?

  • on January 5, 2012, 17:53 GMT

    Great move by the Mumbai Indian, Kartick can be handy.

  • agam99 on January 5, 2012, 17:25 GMT

    Shows MI's desperateness for a wk/batsman after failure of Rayudu this season.

  • on January 5, 2012, 17:20 GMT

    Gud sathish will get more oppurtunities in kings 11 team.come on dc buy a gud indian batsman atleast get suman back !!

  • mummra on January 5, 2012, 17:02 GMT

    What about Pakistani Players?

  • on January 5, 2012, 16:22 GMT

    good buy by Mumbai Indians. They are already a settled side.

  • leftarmtweaker on January 5, 2012, 16:19 GMT

    And who cares? IPL means nothing these days but money. Best it goes.

  • ashish_gajjar on January 5, 2012, 15:50 GMT

    no special wk in Mumbai Indians so good to dinesh karthik in Mumbai Indians and satish is good allround for king xi so best of luck for ipl-5......

  • usernames on January 5, 2012, 15:45 GMT

    Please stop this circus immediately.

  • Raj12345 on January 5, 2012, 15:41 GMT

    DK should be in Indian test & ODI middle order. He deserve one more chance. He is one of good player not offered fair chances to prove his worth.

  • mithun2880 on January 5, 2012, 15:31 GMT

    A total waste of money, shud have gone with Sushant Marathe (Mumbai local player, currently with Kochi Tuskers).

  • on January 5, 2012, 15:28 GMT

    $300k for Kartik. Not bad for a player out of international reckoning.. Not sure if he is worth $2.5mil though.

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  • on January 5, 2012, 15:28 GMT

    $300k for Kartik. Not bad for a player out of international reckoning.. Not sure if he is worth $2.5mil though.

  • mithun2880 on January 5, 2012, 15:31 GMT

    A total waste of money, shud have gone with Sushant Marathe (Mumbai local player, currently with Kochi Tuskers).

  • Raj12345 on January 5, 2012, 15:41 GMT

    DK should be in Indian test & ODI middle order. He deserve one more chance. He is one of good player not offered fair chances to prove his worth.

  • usernames on January 5, 2012, 15:45 GMT

    Please stop this circus immediately.

  • ashish_gajjar on January 5, 2012, 15:50 GMT

    no special wk in Mumbai Indians so good to dinesh karthik in Mumbai Indians and satish is good allround for king xi so best of luck for ipl-5......

  • leftarmtweaker on January 5, 2012, 16:19 GMT

    And who cares? IPL means nothing these days but money. Best it goes.

  • on January 5, 2012, 16:22 GMT

    good buy by Mumbai Indians. They are already a settled side.

  • mummra on January 5, 2012, 17:02 GMT

    What about Pakistani Players?

  • on January 5, 2012, 17:20 GMT

    Gud sathish will get more oppurtunities in kings 11 team.come on dc buy a gud indian batsman atleast get suman back !!

  • agam99 on January 5, 2012, 17:25 GMT

    Shows MI's desperateness for a wk/batsman after failure of Rayudu this season.