IPL continues to buck the economy

shane Roar Guru

By shane, shane is a Roar Guru

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    The sixth IPL auction has come and gone and as economies across the world continue to struggle, the Indian Premier League and its franchises continue to set the pace for sporting paycheques.

    Last Sunday the nine teams spent a combined total of $11.89 million on purchasing 37 players.

    Some cricketers became millionaires and others were left to scratch their heads wondering if they were that far away from approval.

    Contrary to the passionate views held by many, the franchise owners had a pattern, were prepared and were emotionless. Within the constraints of the system, they did well.

    Interestingly franchises assigned a significant premium to leadership skills. Holding the view that in the IPL, a leader needs not just to be tactically aware but needs also to possess the ability to bring together players from completely different backgrounds. In this temporary cauldron of diverse cultures, leaders must very quickly seek to bring cohesion.

    The ‘marquee’ players in the auction, Australia captain Michael Clarke and his predecessor Ricky Ponting, were bought quite surprisingly at their base prices, $400,000 each, by Pune Warriors and Mumbai Indians respectively.

    Both were seemingly purchased for their leadership skills rather than their modest records in the shortest format of the game. Although, Ponting made a decent case for himself in the most recent Big Bash League, scoring 236 run at a strike rate of a tick over 120.

    In the past, it has helped being an Australian player. There was a feeling – maybe sometimes justified – that Aussie coaches were getting their boys a good deal, much like football managers who sign players they have worked with before and vice versa, but it isn’t just that.

    Franchise owners are getting smarter; their money isn’t just thrown around. There is now a fairly strong perception that Australian cricketers exhibit strong commitment, are good team players and are potential match winners in the field. This is a matter of evolution.

    The majority of the franchises had a full roster, with some looking only to fill certain gaps. Because of this, many world-class players missed out on making quick buck.

    Availability also becomes an issue. Aaron Finch, Martin Guptill, Matt Prior, Vernon Philander, Ravi Bopara, Rangana Herath – players who would be welcomed into many teams worldwide – found themselves on the outer.

    Meanwhile South African all-rounder Chris Morris, who has played a solitary international T20, was picked up by Chennai for over 30 times his base price of $20,000. Morris, who has been compared to fellow countryman and hard hitting all-rounder Lance Klusener, fetched $625,000.

    Sri Lankan off-spinner Sachithra Senanayake (base price $50,000) also hit pay dirt, getting snapped up by Kolkata Knight Riders for $625,000, as did uncapped Aussie Nathan Coulter-Nile, who got $450,000 from Mumbai.

    Although Hyderabad bought South African Quinton de Kock for $20,000, wicket-keepers were the big losers out of this auction, with all 10 of them who formed the third set went unsold. They included England’s Matt Prior (base price $200,000).

    The limited number of slots and money left under the salary cap restriction of $12.5 million each forced the teams to approach the auction with specific strategies in place. The Daredevils were after all-rounders – and bought Jesse Ryder, Johan Botha and Jeevan Mendis – while teams like Pune and Hyderabad attempted to fill out their rosters with the best available players.

    All unsold players can still be signed for the new season, although only by teams that lose contracted players to injury.

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    The Crowd Says (8)

    • February 8th 2013 @ 6:56am
      Christo the Daddyo said | February 8th 2013 @ 6:56am | ! Report

      “Franchise owners are getting smarter; their money isn’t just thrown around.”

      And yet Maxwell goes for a million bucks…

      • February 8th 2013 @ 7:19am
        Matt said | February 8th 2013 @ 7:19am | ! Report

        Out of 11 million. So 36 other players shared 10 million. And Finch doesn’t even get a look in.

        • Roar Guru

          February 8th 2013 @ 8:10am
          shane said | February 8th 2013 @ 8:10am | ! Report

          In regards to Finch, you can argue that only 5 of the players purchased were specialist batsmen. All-rounders and bowlers were very much the order of the day.

      • Roar Guru

        February 8th 2013 @ 7:56am
        shane said | February 8th 2013 @ 7:56am | ! Report

      • Roar Guru

        February 8th 2013 @ 7:57am
        shane said | February 8th 2013 @ 7:57am | ! Report

        Maxwell put a $US200,000 price on his head but benefited from a fierce bidding battle between Mumbai and the IPL’s newest team, the Tom Moody (Australian)-led Sunrisers Hyderabad.

        Moody was looking for a marquee player to build his new team around hence why he was willing to play his part in the bidding war.

        In saying all that, I think the value of any player will be best judged at the conclusion of the tournament.

        • February 8th 2013 @ 1:49pm
          Allanthus said | February 8th 2013 @ 1:49pm | ! Report

          Shane, happy not to wait and make the call now. Maxwell worth $1m? Relative to all of the other talent available from around the world?

          As my nana used to say, “the world has gone stark raving mad!”

    • February 8th 2013 @ 9:58pm
      Tenash said | February 8th 2013 @ 9:58pm | ! Report

      i think Mumbai Indians needed someone to replace James Franklin who played most of the games last season.

      I reckon Glenn Maxwell will replace him in the starting 11

    • February 8th 2013 @ 10:08pm
      Tenash said | February 8th 2013 @ 10:08pm | ! Report

      very good article shane.

      A good change from the usual anti t20 tripe

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