That's a good point Nanda, about the name drawn out later. Why it became even more pertinent in this IPL auction was because of the amounts that the teams were losing from their purse on retaining a few of their players - a whopping Rs.390 million out of the Rs.600 million they were initially allowed, if they retained all the allowed five players.
Even Bangalore, who did not retain five, were left without too much money to even complete their squad because of the amount they spent on Yuvraj Singh, so bringing in high-cost overseas players was always going to be a tough call.
Most definitely. Most players might think that a lower base price means a lowering of their self-esteem or something on those lines, but that's not the smartest way to go about it. About English cricketers, the trouble could also have to do with their county commitments and the need for them to leave after a few weeks - a disruption to the stability is a definite no-no.
According to this: http://www.tvtonight.com.au/2011/04/tv-rights-dispute-shuts-out-indian-premier-league.html there has been no broadcast in Australia since the end of the 2010 edition. However, I will keep a close eye on the official IPL site, iplt20.com to check whether the competition will be shown live this year in Australia...
I am not sure about the authenticity of this site, but it says the Seven Sport and 7mate (Seven Network) will broadcast it live.