The venue : Hotel ITC Gardenia, Bangalore and after watching it for hours together, I could not sense whether there is any method is madness or it is mad frenzied buying ! called auction .. .. auction first conducted by Mr Hugh Edmeades and later atmanirbhar replacement Charu Sharma !
By the end of the auction, each team should have a minimum of 18 players and a maximum of 25 players in their squad. They also need to spend a minimum of INR 67.5 crore (USD 9 million approx.) from their total purse of INR 90 crore (USD 12 million approx.), and each squad can have at most eight overseas players in the squad. Don’t blame me that some names are not found .. .. it is virtually impossible to remember the names, the amount and the teams who have bought ! – so much so, so many crores !!
Avesh Khan is just an example – he realistically set his base price at 20 lakhs and CSK opened up bid for him .. .. steadily it went up, passed a crore and finally Lucknow bout him at 10 crores ! - here are some more (figure in bracket is base price): Shivam Mavi (40 L) – KKR 7.25 crores; uncapped Shahrukh Khan (40L) – Punjab Kings 9 crore; Josh Hazlewood (2 Cr) – RCB 7.75 cr; Lockie Ferguson (2 cr)- Gujarat Titans 10 cr; Prasidh Krishna (1cr) – Rajasthan Royals 10 cr; T Natarajan (1 Cr) – SRH 4 crore; Deepak Chahar (2 cr) CSK 14 Crores ! Nicholas Pooran (1.5cr) – SRH 10.75 cr; Dinesh Karthik (2 Cr) SRH 10.75 cr; Washington Sundar (1.5 Cr) – SRH 8.75 cr; Wanindu Hasaranga (1 cr) RCB 10.75 crores.
Shreyas Iyer became the first to cross the INR 10 crore barrier, a fervent bidding war between a number of teams ending with the middle-order batter and captaincy candidate going to Kolkata Knight Riders for INR 12.25 crore (USD 1.6 million). Later in the day, Mumbai Indians broke the bank for Kishan, making him the fourth-highest earner at an IPL auction at INR 15.25 crore (USD 2.03 million). It was Mumbai's first buy of the day, Deepak Chahar, who has been an integral part of Chennai Super Kings' campaigns over the past few years, was bought by the same franchise and Delhi Capitals fought off a very determined Punjab Kings to get their hands on Shardul Thakur. Deepak Chahar became the highest-paid Indian bowler at an IPL auction. Thakur went to Capitals for INR 10.75 crore (USD 1.43 million). Harshal Patel went back to the team he was part of, Royal Challengers, who fought off interest from Super Kings and Sunrisers to get the medium pacer at INR 10.75 crore (USD 1.43 million). Punjab, who started the auction with the biggest purse of the ten teams, splurged straightaway as the marquee players went under the hammer. They bought Shikhar Dhawan and Kagiso Rabada for INR 8.25 crore (USD 1.1 million) and INR 9.25 crore (USD 1.23 million) respectively.
Last year’s star performer Devdutt Padikkal was another of the early millionaires, going to Royals for INR 7.75 crores. While this was by and large the spree, veteran middle-order batters David Miller, Suresh Raina, Steven Smith and Mohammad Nabi all failing to attract bidders. They, and other unsold players, can, of course, return to the auction if any of the teams express an interest in them. Abhinav Manohar, the hard-hitting 27-year-old batter from Karnataka was in the thick before Titans bought him for INR 2.6 crore (USD 345,063). South African batter-cum-legspinner Dewald Brevis, who had such an impressive Under-19 World Cup recently, was sold to Mumbai for INR 3 crore (USD 400,000).
Tomorrow there would be – accelerated process - to quicken the whole auction process. After the first day of the auction, the franchises will be asked to nominate, from the remaining pool, the players they are interested in. Those players will go under the hammer on Sunday. This process could be repeated again if any franchise wants to further nominate anyone unpresented/unsold until then.
Mr.
Hugh Edmeades, the IPL Auctioneer, had an unfortunate fall due to Postural
Hypotension during the IPL Auction this afternoon. It was tweeted that the medical team attended to him immediately after
the incident & he is stable. Mr. Charu Sharma took over charge and was seen
more vociferous and telling the values that were required all the time
In the melee here is a Q on IPL 2008 auctions put up by Mr R Balasundaram !
With
regards – S. Sampathkumar
12.2.2022
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