IPL auction 2014

Yuvraj hits the jackpot on day of smart spending

Nagraj Gollapudi in Bangalore

February 12, 2014

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Dinesh Karthik smashed 34 off 18 deliveries, Mumbai Indians v Kolkata Knight Riders, IPL, Mumbai, May 7, 2013
Dinesh Karthik attracted the second-highest bid on the first morning of the IPL auction © BCCI
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Unsold players so far

  • Mahela Jayawardene, Ross Taylor, Naman Ojha, Matthew Wade, Craig Keiswetter, Kusal Perera, David Hussey, Angelo Mathews, Tillakaratne Dilshan, Azhar Mahmood, Praveen Kumar, Ajantha Mendis, Murali Kartik, Nathan McCullum, Robin Peterson, Cameron White, Darren Bravo, Alex Hales, Marlon Samuels, S Badrinath, Ian Bell, Tamim Iqbal, Martin Guptill, Lendl Simmons, Tim Paine, Kaushal Silva, Andre Fletcher, Dane Vilas, Denesh Ramdin, Prasanna Jayawardene, Luke Ronchi, Andre Russell, Dan Christian, Ravi Bopara, Luke Wright, RP Singh, Brett Lee, Munaf Patel, Suleiman Benn, Rangana Herath, Imran Tahir, Nathan Lyon, Suraj Randiv, Ramesh Powar, Brad Hogg, Akila Dananjaya, Neil McKenzie, Chris Lynn, Herschelle Gibbs, Ben Rohrer, Farhaan Behardian, Henry Davids, Adam Voges, Upul Tharanga, Hamish Rutherford, Abhinav Mukund, Johan Botha, James Franklin, Sachithra Senanayake, Andrew McDonald, John Hastings, Roelof van der Merwe, Jesse Ryder, Fidel Edwards, Manpreet Gony, Joginder Sharma, Clint McKay, Devendra Bishoo, Ashley Nurse, Fawad Ahmed, Nikita Miller, Nicky Boje, James Muirhead, Richard Levi, Colin Munro, Lahiru Thirimanne, Phillip Hughes, Vaughn van Jaarsveld, Dean Elgar, Travis Birt, Kieran Powell, Luke Pomersbach, Neil Broom, Samit Patel, Vernon Philander, Jacob Oram, Christopher Barnwell, Farveez Maharoof, Dimitri Mascarenhas, David Wiese, Jeevan Mendis, Doug Bollinger, Pat Cummins, Jackson Bird, Pankaj Singh, Ryan McLaren, Dirk Nannes, Abhimanyu Mithun, Adam Milne, Shaun Tait, Wayne Parnell, Mohammad Kaif, Chamara Kapugedera, Adrian Barath, Rob Quiney, Hemang Badani, Jehan Mubarak, Justin Ontong, Wasim Jaffer, Dilshan Munaweera, Callum Ferguson, Dilruwan Perera, Mahmudullah, Grant Elliott, Rayad Emrit, Elton Chigumbura, Garey Mathurin, Angelo Perera, Danza Hyatt, Rikki Clarke, Lonwabo Tsotsobe, VRV Singh, Krishmar Santokie, Sudeep Tyagi, Kemar Roach, Marchant de Lange, Mitchell McClenaghan, Ben Laughlin, Tino Best, Jade Dernbach, Sheldon Cottrell, Jerome Taylor, Kyle Mills, Juan Theron, Nuwan Kulasekera, Simon Jones, Shaminda Eranga, Hamish Bennett, Ian Butler, Rory Kleinveldt, Nuwan Pradeep, Suranga Lakmal, Aavishkar Salvi, Isuru Udana

Yuvraj Singh was the most expensive buy on the first day of the IPL 2014 auction, a relatively conservative exercise in which 70 players were bought for a total of Rs 212.35 crores (approx. $35 million). There were five million-dollar bids - for Yuvraj, Dinesh Karthik, Kevin Pietersen, Mitchell Johnson and Glenn Maxwell - but the value of some previous millionaires, including the Pathan brothers, Yusuf and Irfan, and Saurabh Tiwary, recorded a steep decline.

The overall mood was less dramatic than previous auctions, with the franchises looking at team-building over shirt-selling. The last big auction, in 2011, had yielded 15 millionaires on its first day and a total of $52.8 million spent - a marked change, even accounting for the fact that there were more teams then and different spending rules.

Yuvraj and Karthik were part of the 16-player marquee list that kicked off the auction and were fiercely contested by three franchises. Royal Challengers Bangalore made a successful bid for Yuvraj at Rs 14 crores ($2.33 million), while Delhi Daredevils bought Karthik for Rs 12.5 crores ($2.08 million).

Kings XI Punjab paid Rs 6.5 crores ($1.083 million) to snap up Johnson and Rs 6 crores ($1 million) for Maxwell. Pietersen, whose international career was recently brought to an abrupt end by the ECB, remained a favourite in the IPL as Delhi Daredevils, his previous employers, became the first franchise to exercise the right-to-match card to buy him for Rs 9 crores ($1.5 million).

In fact, Pietersen, who was once the most expensive player in the IPL along with former England team-mate Andrew Flintoff in 2009 (both were bought at $1.55m), was the costliest buy using the right-to-match card option.

Yuvraj was previously part of the Pune Warriors franchise, which had bought him for $1.8 million in 2011. Yuvraj has been out of form recently and was not a part of the Asia Cup squad, but franchise insiders had revealed, on the eve of the auction, that he was still a key player in the IPL.

As for Karthik, Daredevils raised the paddle as soon as the bidding began. Sunrisers Hyderabad competed for a bit before Knight Riders once again decided to make a late move, entering the bid after it had crossed the 10-crore mark. However, they withdrew immediately allowing Daredevils to bag Karthik.

Incidentally, it is understood that Karthik was one of the favourites likely to be retained by his previous IPL franchise, Mumbai Indians. Mumbai had bought out Karthik's contract from Kings XI for over $1 million in 2012. But Karthik eventually entered the auction and saw his value double to more than $2 million.

In contrast, both Irfan and Yusuf, who have been battling injury and patchy form in the domestic season, saw their worth plummet compared to the millions they were paid in the 2011 auction. Yusuf was the second player bought in the 2011 auction when Knight Riders paid $2.1 million. His base price in today's auction was Rs 2 crores and only Sunrisers and Kings XI made the opening bids, but withdrew easily before Knight Riders used the right-to-match card to buy him back at Rs 3.25 crores ($541,000). Irfan, who was bought by Daredevils in 2011 for $1.9 million, had listed his base price at Rs 1.5 crores. It climbed to Rs 2.4 crores ($400,000) before Sunrisers clinched him.

There were more surprises for the Indian capped contingent when franchises ignored S Badrinath, RP Singh, Munaf Patel, Praveen Kumar and Manpreet Gony. Saurabh Tiwary was perhaps the best example of how well the franchises had improvised on their buying strategy.

In 2011, Tiwary, who had just started his international career at the time, was paid a mind-boggling $1.6 million by Royal Challengers. During his stint at RCB, Tiwary managed just 487 runs from 30 innings at a strike rate of 104.8. Tiwary's base price in this auction was Rs 50 lakhs and he had few takers before Daredevils got him for Rs 70 lakhs ($116,000). Compared to 2011, Irfan, Yusuf and Tiwary had suffered a dip of approximately $1.5 million in their auction value.

But there were players who lived up to the hype. Maxwell, who was purchased by Mumbai last year for $1 million, managed to get the same price from new owners, Kings XI. The franchise also contested hard to buy Johnson, who, until last year, was with Mumbai.

New Zealand allrounder Corey Anderson, who holds the record for the fastest ODI hundred, was bought by Mumbai, who have over the years perfected the trend of buying the player of the moment. They bought Maxwell last year, and before that had purchased South Africa batsman Richard Levi and Kieron Pollard.

Although it was too early to establish any trends, availability remained an important factor in franchise calculations. Players from Sri Lanka and England, who will play a series in May, did not attract any bids. The sole exception was Sri Lanka allrounder Thisara Perera, who was bought by Kings XI for Rs 1.6 crores ($267,000). Mahela Jayawardene and Tillakaratne Dilshan remained unsold.

So far franchises have utilised eight right-to-match cards: Pietersen (Daredevils), Jacques Kallis (Knight Riders), Yusuf (Knight Riders), Faf du Plessis (Chennai Super Kings), Amit Mishra (Sunrisers), Darren Sammy (Sunrisers), Pragyan Ojha (Mumbai) and Parvinder Awana (Kings XI) were bought back by their previous IPL teams. Four franchises - RCB, Kings XI, Daredevils, Royals - have five more right-to-match cards between them.

Franchises had pointed out on Tuesday that the use of the right-to-match cards would eventually come down to run-time and how the auction went along. Stephen Fleming, the Chennai Super Kings coach, said it was a tough choice for the franchise to decide whether to use the right-to-match card for Michael Hussey or du Plessis.

"It very much came down to who came out first (for bidding)," Fleming said. "We value them both a lot, but with the way the bidding is going and the way the room is working, it is a little bit risky to leave an opportunity."

But there was also some anxiety displayed by franchises like Knight Riders, who decided to enter the bidding for South African allrounder Jacques Kallis. Super Kings were also interested in Kallis but withdrew later.

"Part of the strategy was to try and conserve the card just in case we needed it later," Venky Mysore, Knight Riders' chief executive, said. "So we said let us see how far the bid goes: we paid a little bit of a price but luckily we got everyone we would have used the card for. So we came out okay."

When asked why the franchise had stuck with Yusuf Pathan, who had a terrible three-year stint at Knight Riders, Mysore, however, pointed out that the franchise still retained the confidence in the allrounder. In three seasons, Yusuf has managed 809 runs from 48 matches, with just one half-century and taken 18 wickets at an economy rate of around seven.

"He is a one of the match-winners," Mysore said. "It is a bit unfortunate that he probably hasn't fired as many times. He has won us several games, sometimes more with the ball than with the bat. But on his day he can take the game single-handedly, so we always had him in our plans and we are happy we got him at approximately one-third the price we got him for the last time."

Rahul Dravid, the Royals' coach, stressed that the franchise was not worried about buying too many big names. Among their foreign purchases on the opening day, Royals invested in Steven Smith, Kane Richardson, Tim Southee and Ben Cutting, and bought back Brad Hodge.

"Steven Smith was really important for us because our two key batsmen Shane Watson and Brad Hodge," Dravid said. "Hodge is 39, Watto has few injury issues. So we wanted to back it up with a class player who can play spin pretty well, who has proven leadership potential. He was definitely one of the back-ups for Watson and Hodge, looking at the the future."

Nagraj Gollapudi is an assistant editor at ESPNcricinfo

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Posted by soumyas on (February 14, 2014, 10:32 GMT)

Did anybody rope in Donald who was a bowling coach for PUNE ?

Posted by soumyas on (February 13, 2014, 7:33 GMT)

Taylor, Philander, White, Hogg, Tsotsobe are great players to have in the team... Taylor is marquee player, Indian fans love to see Taylor playing IPL. he brings X-factor like Gayle... Now franchisees don't have much money left. he will go UNSOLD.

Posted by India_boy on (February 13, 2014, 5:28 GMT)

6. miscellaneous factors - Teams also choose not to fetch certain players so that their prices go down next day, this is the same way forward markets work in stock exchange, wait for the stock price to fall down and then grab them. Some of the time, one or the other factors take precedence over other factors, for eg. Anderson may have been exceptional lately but NZ players havent set Indian pitches on fire, this is the same as Kohli or Yuvi not getting big amounts if it was a NZ T20 tournament. For the same reason Guptill and all wont fetch much. And as for SL players not getting picked, the reason is clear - they aren't going to be available for more than half of the tournament, so why would they be picked, even though they are clearly the crowd's favorites! Hope I have been able to impart some clarity on the issue here. Let the games begin! cricinfo pls publish!

Posted by India_boy on (February 13, 2014, 5:21 GMT)

Everyone who is wondering how the IPL auctions work and how come best players are not picked, must know a lot of certain factors that work here in tandem. We, as fans, consider only the rankings and last T20 WC whereas IPL franchises and their consultants consider the following: 1. adaptability - whether Indian pitches suit his play 2. Popularity - In India, fans care more about popularity & explosive batting than style & technique of play, no wonder SRT was more popular and sellable than RD even though latter was a far more technical & reliable batsman. Same is the case with Yuvi, BMac, Gayle, Sehwag etc. 3. Availabiility - is the player available for the whole tournament, what is his injury history, can he sustain his form for almost 20 games and 2 months? 4. All round performance - does he bat as well as bowl, is his fielding good, is he a captain of his national team? 5. Most recent performances - how did he do in the last 10 T20s/ODIs etc....contd... cricinfo pls publsh

Posted by   on (February 13, 2014, 5:14 GMT)

So losing all and sundry for the 'Team India' hardly matters at home where come I PL the non performers( of which the highest purchase is a prominent one and he simply cannot fathom quick stuff) are hailed by our maddening fans for one month till May as champs! Absolutely no sense of any remorse amongst neither the purchasers nor the fans.

Posted by   on (February 13, 2014, 4:47 GMT)

I do understand that the Pathan brothers, Tiwary etc. have seen a huge dip in value. However, to compare $ figures in 2011 auction with the $ figures today is completely incorrect and this isn't an apples to apples comparison. In 2011, the salary was quoted in $ which were converted at a fixed fx rate of 46 for all Indian players (so for Irfan Pathan, the $1.9m figure translated into INR 8.7 crores) while in 2014, all the salaries are quoted in INR & the INR has depreciated far more today (around 60-62 to a $). Hence, for Irfan, a figure of INR 2.4 crores translates into $400k. The difference between the two figures is INR 6.3 crores which at today's fx rate (of say 60) translates into $1.05m and not $1.5m as quoted in the article.

Posted by trigga315 on (February 13, 2014, 4:28 GMT)

Very surprised no one bought Taylor, Philander, White or Hogg. All four players are in good form and have proven 20/20 records.

Posted by StreetCricketer on (February 13, 2014, 4:21 GMT)

@Will - It is demand and supply. There are seven spots for players from one country, India, while four for players from five countries - Australia, NZ, WI, SL and SA. Add to that a few Irish, English, Bangladeshi and other players, and you can see the pool of available players for four spots is much bigger than that for the seven spots. I think teams looking for specific skills also make a difference. Players who can play more than one role - Wk+batsman or all-rounder (Yuvi) - are more in demand.

Posted by   on (February 13, 2014, 4:13 GMT)

Love the high standards of IPL. If Azhar Mahmood can't be picked in any team then there should he some intelligent reason behind it.

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