You could forgive the Heat and Strikers cricket teams for looking a little distracted during tomorrow’s BBL clash in Brisbane.
That’s because some of them could become instant millionaires when the Indian Premier League (IPL) player auction begins on Friday.
See BBL12. All games are live and ad-free in-game on Kayo. New to Kayo? Start your free trial now >
The Board of Control for Cricket in India (BCCI) has not moved forward with the date despite franchises asking for it to be moved, due to the Christmas holidays. However, as a compromise, the Indian board has allowed video conferencing, meaning overseas staff could join from their respective homes.
The IPL has always allowed phone calls during the bidding process, but this will be the first time video conferencing is allowed during the auction.
NEW FOLLOW-UP PODCAST – O’Keeffe: How the Aussie duo rose to prominence, Green’s IPL dilemma and why the ‘windmill works’
Listen below or subscribe on iTunes or Spotify
This edition of the IPL Player Auction will see a total of 405 cricketers from India and abroad during a one-day mini-auction in Kochi.
This auction is a prelude to the 16th season of the IPL with some of the biggest stars in world cricket set to light up the tournament in 2023.
Among the 405 players who have entered the auction, 119 are capped players, 282 are uncapped players, while four belong to Associated Nations.
Since this is a mini-auction, most teams have a pool of players, who will form their core, meaning that each team only needs to plug a few holes in their squads. There are only 87 places available, of which 30 are for foreign players.
As they are most years, Indian cricket stars will be the most wanted players led by Mayank Agarwal, Ajinkya Rahane, Ishant Sharma, Manish Pandey, Mandeep Singh, Sandeep Sharma, Mohit Sharma, Karun Nair, Jaydev Unadkat, Shivam Mavi, Murugan Ashwin.
After a series of launches and withdrawals/withdrawals, 10 IPL franchisees: Chennai Super Kings, Delhi Capitals, Kolkata Knight Riders, Lucknow Super Giants, Mumbai Indians, Punjab Kings, Rajasthan Royals, Royal Challengers Bangalore, Sunrisers Hyderabad and Team Ahmedabad. in search of the best foreign talent.
MORE CRICKET NEWS
RENEGADES VS HEAT: Heat star hat-trick in vain as Finch leads Renegades to victory after Dre Russ’ heroics
ODD MAN OUT: Great Aussie’s warning amid mega Boxing Day Test conundrum for selectors
‘They were downstairs getting drunk’: Crazy true story behind iconic Boxing Day epic
‘VERY, VERY ADAPTABLE’: National coach George Bailey questions Travis Head’s role in India
Australian all-rounder Cameron Green could become the next IPL millionaire after impressing during the India-Australia T20 International Series in India earlier this year. (Photo by Pankaj Nangia/Getty Images)Source: Getty Images
Aussie stars Cameron Green, Travis Head, Chris Lynn and Adam Zampa headline a blockbuster list of international players at the auction that also includes Kane Williamson, Sam Curran, Ben Stokes, Adil Rashid, Joe Root, Rilee Rossouw, Jason Holder, Nicholas Pooran. , and Shakib Al Hasan.
INR 2 crore is the highest reserve price and as many as 19 players have opted to be placed in this pool.
There are 11 players in the auction list with a reserve price of INR 1.5 crore, while 20 players are in the list of cricketers with a reserve price of INR 1 crore.
In last season’s auction, franchises spent a total of INR 551.7 million in the two-day IPL mega auction, which is roughly equivalent to AU$100 million.
Unlike last season’s mega event, each squad has retained the majority of their players this year. This means there are fewer slots to fill going into the auction. Each franchise must spend a minimum of three quarters of its total portfolio, which is set at 95 million, five more than last year.
Read on for everything you need to know about the IPL 2023 auction.
WHEN IS IT?
The IPL 2023 auction will be held in Kochi on 23 December 2022, with the auction starting at 20:00 (AEDT).
AS I CAN SEE
The auction will be broadcast on Fox Sports Channel 503.
HOW MANY PLAYERS GO UNDER THE HAMMER?
A total of 405 cricketers will be auctioned, with 273 Indians and 132 foreign players up for grabs across the 10 IPL franchises.
First season, first trophy for the Titans! | 01:03
HOW IT WORKS?
How many players can a team buy?
The 10 IPL teams can select a maximum of 25 cricketers in the IPL team. A team must have at least 18 cricketers in their side.
Who are the retained players?
A total of 163 players were retained, including 50 overseas, with Delhi Capitals retaining the most with 20, while Sunrisers Hyderabad have the potential to double their squad with just 12 players.
Last year’s winners Gujarat Titans retained 18 of their players and have seven spots left, including slots for three more overseas. A full list of retained players for each team can be found here.
Meanwhile, the biggest drop from the hold lists was New Zealander Kane Williamson, who was dropped from his $2.5 million contract by Sunrisers Hyderabad, while IPL legends Dwayne Bravo and Kieron Pollard s ‘have withdrawn from the competition and will no longer represent Chennai Super. Kings or Bombay Indians respectively.
Which Australians were held back?
A total of seven Australians were dropped by their Indian Premier League franchises last month with Aaron Finch being the biggest omission. Pat Cummins was also not retained by KKR after the bowler decided not to play in the T20 competition next year as he took over Australia’s Test and ODI captaincy.
Other Australians not retained were Sean Abbott (Sunrisers Hyderabad), Daniel Sams (Mumbai Indians), Riley Meredith (Mumbai Indians), Andrew Tye (Lucknow Super Giants) and Nathan Coulter-Nile (Rajasthan Royals).
As things stand, there are eight Australians confirmed for next year’s competition and more are expected to come to the auction. The Australians are Josh Hazlewood (Royal Challengers Bangalore), Glenn Maxwell (Royal Challengers Bangalore), David Warner (Delhi Capitals), Mitch Marsh (Delhi Capitals), Tim David (Mumbai Indians), Jason Behrendorff (Mumbai Indians), Matthew Wade ( Gujurat Titans), Marcus Stoinis (Lucknow Super Giants) and Nathan Ellis (Punjab Kings).
Cummins takes decision to skip IPL 2023 | 01:03
How are players auctioned?
Initially, a total of 369 players were pre-selected by 10 teams from the initial list of 991 players. An additional 36 players were applied for by the teams, adding to the final list of a total of 405 players to be fielded in the 2023 IPL auction.
The full list is divided based on the specialty of the players – batsman, bowler, all-rounder, wicketkeeper – as well as their international experience, with or without a cap.
Depending on their base price and specialty, players are added to different sets (43 in total), with the auctioneer (Hugh Edmeades) going through the list of player names and asking the teams to choose.
There are six big-name batsmen who will be auctioned first, led by first-time Indian opener Mayank Agarwal, England young gun Harry Brook, former England Test captain Joe Root and current Kiwi T20 captain Kane Williamson, earlier let things really explode with the multi-purpose tent. below, which includes seven international players with England’s 2022 T20 World Cup-winning pair Sam Curran (who was named player of the tournament) and Ben Stokes, as well as rising Australian star Cam Green.
There will also be an expedited process for players who were not sold in the early rounds, but at least one of the franchises requested to be re-entered towards the end of the auction.
What are the basic player prices?
Each player could choose a base price of up to INR 2 million for the IPL auction.
The other price bands are INR 1.5 crore, INR 1 crore, INR 75 lakhs, INR 50 lakhs, INR 40 lakhs, INR 30 lakhs and INR 20 lakhs.
Nineteen players have been retained at the highest base price of INR 2 crore, including international trio Kane Williamson, Ben Stokes and Sam Curran.
England all-rounder Sam Curran is a player in high demand after winning the Player of the Tournament at the ICC Men’s T20 World Cup. (Photo by Mark Kolbe/Getty Images)Source: Getty Images
Is a Right to Match (RTM) card available?
No. The RTM allowed a team to repurchase a player it had released at the highest bid price it received at auction.
However, the RTM card was removed before the 2022 edition of the IPL Player Auction and the 2023 edition will not have the RTM card again.
THE TYPE OF EXCHANGE EXPLAINED
1 crore = 10 million rupees. 10 million rupees = $181,669 AUD
1 lakh = 100,000 rupees. INR 100,000 = AUD $1,816
WHO ARE THE MOST EXPENSIVE?
This is a question with multiple answers, but neither option is a certainty. It all boils down to the basic principle of economic theory, the relationship between supply and demand.
While some of the players with the highest base price might find there isn’t much demand among IPL franchises for them at that price (i.e. Steve Smith in the 2022 IPL auction that went unsold thanks to the its reserve of A$377,000), others with a lower base price may find a high level of market demand for their services which in turn could lead to a bidding war (ie Tim David in the 2022 IPL auction, who was the most expensive Australian cricketer earning a contract of A$1.53 million despite only having a reserve of A$75,000).
2023 is the 11th mini auction in IPL history, with the last in 2021, but there were only eight teams that season. Four players crossed the INR 10 million mark in the 2021 edition.
This time around, with 10 teams in the league, there are likely to be more players breaking the 10 million mark if the 2022 mega auction earlier this year is any indication. A record 11 players broke the INR…