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IPL Player Auction

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Alpha1 said:
Does anyone know if the auction will shown on TV?
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According to the article below, the auction will be conducted behind closed doors. I find that very interesting considering the 'Bollywood' type nature of this entire tournament.
__________________________________________________________________________________

IPL franchises will bid up to US$40 million for players

All set for action at the auction

Ajay S Shankar

February 19, 2008


The services of some of the world's finest cricketers will be on auction on Wednesday © AFP


Minutes after the clock strikes 11 on Wednesday morning in Mumbai, world cricket will rub its eyes, roll up its sleeves, pull out the calculators, and take its first step into an arena it has never been before - an auction room.

Soon, the first name will be announced, along with the base price. Then, the first paddle will go up with a figure marked on it. The next paddle will follow soon, from another table.

And so the bidding or the first cricketer to play in the Indian Premier League, from a pool of about 78 of them, will begin.

On offer, for a price, are some of the world's finest cricketers, from Ricky Ponting to Shaun Pollock, Chris Gayle to Shoaib Akhtar, Mahendra Singh Dhoni to Muttiah Muralitharan. Eager to buy them are some of India's biggest corporate names, from United Spirits to Reliance Industries, and a couple of the country's brightest faces - Bollywood superstar Shah Rukh Khan and leading lady Preity Zinta.

Steered by veteran auctioneer Richard Madley, the "open bidding" will take place behind closed doors inside the Regal Room at the Hilton Towers. About six representatives from each of the eight teams will be seated around separate tables with computer screens to track the action.

Cellphones will be off, and as the tension rises with every paddle, watching the various gameplans unfold could well be former Indian captains Rahul Dravid and Sourav Ganguly, icon players for Bangalore and Kolkata, this time taking guard as team advisors. The IPL's organisers expect Ganguly and Dravid to be present at the auction, while three other icon stars - Sachin Tendulkar (Mumbai), Yuvraj Singh (Mohali) and new member Virender Sehwag (Delhi) - will track the action from Australia.

All eyes, though, will be on the money, with bids for top stars set to go into seven figures. "You can expect at least one player, say Adam Gilchrist or Dhoni, to breach the US$1 million mark, which is nearly triple their base price of around $400,000," the CEO of a franchise who will be present at the auction, told Cricinfo. "That is the top bracket. But with eight teams coming to the table with $5 million each, there will be quite some money floating around in that room tomorrow."

At the other end, the two or three players who fail to attract a single bid will be clubbed together and offered to the organisers after the last bid - at a discount, as it were. Owners can then bid below the designated base price for them.

"This is a debut of a different kind for many of us. Most of us have never been in such a situation before," said a former India cricketer who is to assist one of the teams.

No wonder, then, that on Tuesday, the franchise representatives were rushing from one meeting to another, finalising their purchase strategies, and poring over the rule book in the evening with the organisers.

No wonder that at least one of them has decided to "to hit the bed early to be fit and alert" for the open auction that's expected to stretch for over 12 hours, albeit with breaks in between.

No wonder, again, that with the kind of confusion that the first cricket exercise of this kind is expected to generate, there will be one final briefing on Wednesday morning for the team owners.

This is the primer they will follow:

The rules of the auction

An open auction, with each franchise allowed to bid any number of times for a player. Each franchise should spend a minimum of $3.3 million, but not more than $5 million.
The bid starts with the annual "base player fee" that has already been fixed by the IPL. This base player fee assumes that the player is available for the entire tournament. This fee will be adjusted on a pro-rata basis, depending on the players' availability.
The players will be divided into "sets" of approximately 12 each, according to their base player fee, cricketing speciality and expected availability for the opening season. But the bids will start with a set of marquee players like Gilchrist, Dhoni, Ricky Ponting and Chris Gayle. A random draw will decide the order in which players go up on the block.
One designated bidder from each franchise will raise a paddle to indicate a bid, with the bid representing the fee per season to be paid by the franchise to the player.
No bid can be withdrawn.
Bid increments have been fixed at $5000 for bids up to $100,000, $10,000 for bids between $100,000 and $250,000, and $25,000 for bids between $250,000 and $500,000. Increments over the $500,000 mark will be at the auctioneer's discretion.

The fine print

The minimum "percentage availability" for any player included in the auction will be 25 per cent. Thus, even if a player is expected to be either completely unavailable or only available for less than four of the DLF IPL matches in 2008, 25 per cent of the player fee bid for that player in the auction will count against the $5 million purse. For example, the purchase for $400,000 of a player who is expected to be completely unavailable in 2008 will cause a deduction of $100,000 from the franchise's overall $5 million purse.
If more than one franchise is interested in signing a particular foreign player from outside the current pool, the IPL's organisers will hold another auction. But Indian players who are not in the pool can be signed at any time.
Each franchise can only have up to a maximum of two centrally-contracted Australian players in its squad and/or up to a maximum of two Australian players from each state association.
 
BEEG said:
Im trying to under stand the Concept so how many teams are there and who owns/runs the teams
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There are 8 teams as follows:


Mumbai- Reliance Industries Ltd- Mukesh Ambani (US$111.9 million)

Icon Player: Sachin Tendulkar
Coach:
Squad:


Kolkatta Knight Riders?- Red Chillies Entertainment- Shah Rukh Khan, Juhi Chawla Mehta & Jay Mehta (US$75.09 million)

Icon Player: Sourav Ganguly
Coach: John Buchanan
Squad:


Chennai Super Kings- India Cements- N. Srinivasan (US$91 million)

Super_Kings.jpg


Icon Player:
Coach:
Squad:


Jaipur- Emerging Media- Lachlan Murdoch, Manoj Badale & Suresh Chellaram (US$67 million)


Icon Player:
Coach:
Squad:


Mohali- Preity Zinta, Ness Wadia (Bombay Dyeing), Karan Paul (Apeejay Surendera Group) & Mohit Burman (Dabur) (US$76 million)


Icon Player: Yuvraj Singh
Coach: Tom Moody
Squad:


Delhi Daredevils- GMR Holdings (US$84 million)


Icon Player: Virendar Sehwag
Coach: Greg Shipperd
Squad:


Hyderabad- Deccan Chronicle (US$107 million)


Icon Player: VVS Laxman
Coach:
Squad:


Bangalore- UB Group- Dr Vijay Mallya (US$111.6 million)


Icon Player: Rahul Dravid
Coach:
Squad:





I think the auction begins at 3:30pm AEDT
 

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Junior55 said:
The Franchise players or as they are being called "Icon Players" are all home town Indians so for example Tendulkar is the Icon player for Mumbai, Ganguly (Kolkatta), Dravid (Bangalore) Yuvraj (Mohali) and possibly Sehwag and Laxman if approved.

They recieve 15% more pay than the next highest player on the team IIRC
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However there are only 6 icon players at the moment - Ganguly, Tendulkar, Dravid, Yuvraj, Sehwag* and Laxman*. With 8 teams. Lets be honest after the recent series not many of those indians would be too keen to have Ponting in their side. But could you imagine a side of Ponting and Tendulkar.

Reason for these guys to pick him though is that he'll be one of the highest payed players and these guys will get 15% more than he'll get if they bid for him.


*- I think these two need to be approved as icon players today.


IMO I think the following have been forgotten - Lee, Vettori, Sangakarra, Gayle. Considering how big Lee is over in India I wouldn't be surprised if he is one of the highest paid players.
 
BEEG said:
Im trying to under stand the Concept so how many teams are there and who owns/runs the teams
Click to expand...

8 teams from different cities in India.

16 players per team - up to 8 Internationals, 4 players from the local catchment and 4 other players from anywhere around India.

There are teams from Chennai, Mohali, Jaipur, Kolkata, Mumbai, Bangalore, Hyderabad and Delhi.

Four players won't be available for auction, these players are Tendulkar (Mumbai), Yuvraj (Mohali), Dravid (Bangalore), Ganguly (Kolkata). The reason for this is that they are from those areas so in order to drum up interest in the local area for the team, because they are such big names, they wont be on the market but will be already part of that team.

There is speculation that Sehwag (Delhi) and Laxman (Hyderabad) will also become 'key' players for their respective teams, but it hasn't been decided yet.

As an example, if this IPL was Australian, it'd be like giving Ponting to Tassie, Lee to NSW, Symonds to QLD, Hussey to WA etc, etc.

Indian players like Dhoni and Pathan havn't been 'assigned' to a particular team because they both come from smaller states in India (Jharkland and Baroda).

As a result, you can expect teams to make very big bids for them.

The bidding starts today at 4:30pm AEST. I'm looking forward to seeing where players go. Expect Kolkata (owned by Shah Ru Khan - Bollywood superstar - and captained by Ganguly) to make a massive bid for Gilchrist/Dhoni.
 
m.diddy said:
However there are only 6 icon players at the moment - Ganguly, Tendulkar, Dravid, Yuvraj, Sehwag* and Laxman*. With 8 teams. Lets be honest after the recent series not many of those indians would be too keen to have Ponting in their side. But could you imagine a side of Ponting and Tendulkar.

Reason for these guys to pick him though is that he'll be one of the highest payed players and these guys will get 15% more than he'll get if they bid for him.


*- I think these two need to be approved as icon players today.


IMO I think the following have been forgotten - Lee, Vettori, Sangakarra, Gayle. Considering how big Lee is over in India I wouldn't be surprised if he is one of the highest paid players.
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Sehwag was approved as a "Icon" player however Laxman wasn't.

I dont think Ponting will be the highest paid player considering he wont play much this year with his Aussie commitments. Gilly will most likley and C.Gayle (Only T20 International century maker) will be highly sought after if available for most games.

I think the big thing will come down to availabilty of players when determining there price.
 
Bloods boy from the Bush said:
Sehwag was approved as a "Icon" player however Laxman wasn't.

I dont think Ponting will be the highest paid player considering he wont play much this year with his Aussie commitments. Gilly will most likley and C.Gayle (Only T20 International century maker) will be highly sought after if available for most games.

I think the big thing will come down to availabilty of players when determining there price.
Click to expand...
Good point, better off chasing Australians like D.Hussey, C.White, Hodge and Voges.
Are voges and Hodge even up for auction?
 
m.diddy said:
Good point, better off chasing Australians like D.Hussey, C.White, Hodge and Voges.
Are voges and Hodge even up for auction?
Click to expand...
No Hodge & Voges weren't on the list.

Yeah I believe the best value Aussie after Gilly and other retirees would be C.White he wont be plaing for Australia and has a fantastic T20 record domestically and I think he still hold the highest score of 143.
 

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m.diddy said:
Good point, better off chasing Australians like D.Hussey, C.White, Hodge and Voges.
Are voges and Hodge even up for auction?
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I think the key agenda of selectors/buyers will be to gain the most marketable/franchise players, rather than the best cricketers. This is business after all, and winning only comes 2nd to selling merchandise etc.
 
Bloods boy from the Bush said:
Another interesting question which keeper will go for more money Gilly, Dhoni or maybe even Sangakkara.

I reckon Dhoni because he is an Indian and the teams will want local talent to boost supporters.
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Dhoni will be highly sought after and can expect some big big bids.

Kumar and Gilly will probably be a little less but still very high IMO.

What time does it start.?
 
RESERVE PRICES
Shane Warne $US450,000 $A495,398 Glenn McGrath $350,000 $385,310 Ricky Ponting $325,000 $357,788 Brett Lee $300,000 $330,266 Adam Gilchrist $300,000 $330,266 Andrew Symonds $250,000 $275,221 Mike Hussey $250,000 $275,221 Nathan Bracken $225,000 $247,699 Matthew Hayden $225,000 $247,699 Michael Clarke $225,000 $247,699 Justin Langer $200,000 $220,177 Simon Katich $200,000 $220,177 Jason Gillespie $150,000 $165,133 David Hussey $125,000 $137,611 Cameron White $100,000 $110,089 From other nations: MS Dhoni (India) $US400,000 $A440,354 Stephen Fleming (New Zealand) $350,000 $385,310 Mohammad Yousuf (Pakistan) $330,000 $363,292 Shoaib Mailk (Pakistan) $300,000 $330,266 Anil Kumble (India) $250,000 $275,221 Harbhajan Singh (India) $250,000 $275,221 Shoaib Akhtar (Pakistan) $250,000 $275,221 Sanath Jayasuriya (Sri Lanka) $250,000 $275,221
 

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Jaymin said:
Yeah Haddins international career is really going down hill now Gilchrist has retired? :confused::confused::rolleyes:
Click to expand...

Yeah how many tests has Haddin played? That's what I thought. :rolleyes:
 
I think the Keepers will have the highest pricetags generally because of their scarcity.

8 teams, how many top keepers are there - Gilly, Dhoni, Sangakkara, Boucher....looks like 4 teams might have a big drop off in talent there. Others on the list that I can see.

Kamran Akmal
Tatenda Taibu
Brendon McCallum (could be good value)
Parthiv Patel
Dinesh Karthik

As for the Aussies, remember that it is a 3 year contract so you need to guess their committments not just for this year (when the likes of David Hussey, White, Katich + the retirees will be mostly or completely available) but years 2 and 3...not sure on our committments then.
 
McCullum will be sought after, opening bat, good keeper.

Wouldn't want to be stuck with Parthiv Patel! Never know though, might be some young Indian kids coming through to take the spots.

Also, are there no Pom's in this comp because the County Season kicks off around the same time?
 
statsman74 said:
I think the Keepers will have the highest pricetags generally because of their scarcity.

8 teams, how many top keepers are there - Gilly, Dhoni, Sangakkara, Boucher....looks like 4 teams might have a big drop off in talent there. Others on the list that I can see.

Kamran Akmal
Tatenda Taibu
Brendon McCallum (could be good value)
Parthiv Patel
Dinesh Karthik

As for the Aussies, remember that it is a 3 year contract so you need to guess their committments not just for this year (when the likes of David Hussey, White, Katich + the retirees will be mostly or completely available) but years 2 and 3...not sure on our committments then.
Click to expand...
Where can I find a full list of players that will be in the auction.

Your right about McCullum real good value there I reckon.
 

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