Business Standard
Tuesday, Feb 14, 2012
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||||||Life & Leisure||| 
 Section Home | People | Features | Enterprise | Columnists | Gadgets & Gizmos | Travel | How to Spend It | Book Review | Leisure & Sports
Home > Life & Leisure
 

Pietersen, Flintoff favourites in round 2 of IPL auction
BS Reporter / New Delhi Feb 07, 2009, 00:05 IST

English cricketers collectively bagged $4.10 million (about Rs 19.6 crore).

English cricketers dominated the second leg of the Indian Premier League (IPL) auction, the Twenty20 cricket tournament promoted by the Board of Control for Cricket in India (BCCI), as five of the 17 foreign players auctioned today were from England.

 Click here for Cloud Computing
 
Former England captains Kevin Pietersen and Andrew Flintoff bagged the maximum fees of $1.55 million (Rs 7.44 crore) each — the highest paid for any IPL cricketer, overtaking the record held by Indian captain MS Dhoni last year at $1.5 million (Rs 7.2 crore).

English cricketers collectively took away $4.10 million (about Rs 19.6 crore) or nearly 54 per cent of the total money ($7.60 million, or about Rs 36.48 crore) spent by the eight franchise teams today on player auctions. Last year, none of the English players was available for the inaugural IPL tournament. The second leg of the IPL tournament will be played between April 10 and May 24 across metros in the country.

The eight teams had a collective corpus of $13.59 million (individual cap of around $2 million per team) to choose from a pool of 50 players. Last year, 86 players were available within a total spending pool of $40 million or a spending cap of $5 million per team including nearly 40 Indian cricketers. Ultimately, 75 players were bought at last year’s auction, including 39 Indian cricketers.

Several sports analysts termed it a “very high price”, considering the English cricketers will be available for only three out of the six weeks of IPL. "The IPL schedules are made in such a way that not more than five to six matches will be played during the three weeks for which the English players will be available. Therefore, paying an extremely high price for two English players does not make sense," a sports consultant to one of the franchise teams said, requesting anonymity.

IPL Commissioner Lalit Modi said the contracts of all the auctioned players will be for two years.

"A player like Pietersen is a great buy for us. He is one of the most explosive batsmen in the world and will bring a lot of class to our team," said Vijay Mallya, promoter of Royal Challengers Bangalore, which finished seventh out of the eight teams last year.

BCCI Secretary N Srinivasan, who owns Chennai Super Kings, said he was delighted to have all-rounder Flintoff on board. "Twenty20 format cricket is a game for all-rounders and Flintoff is one of the best around," said Srinivasan, whose team lost to Rajasthan Royals in last year’s final.

Bangladeshi fast bowler Mashrafe Mortaza who was sold to Kolkata Knight Riders for $600,000 — a team promoted by film star Shah Rukh Khan — became the first player in IPL to have been sold for 12 times his base price. Both Kings XI Punjab, promoted by Bollywood actress Preity Zinta and Ness Wadia of Bombay Dyeing, and Kolkata Knight Riders fought over Mortaza, which resulted in his price getting escalated from $50,000 to $600,000.
 

BULL FUN AT IPL AUCTION
Player Sold To Buying
Price ($)
Base
Price ($)
Shaun Tait  (Australia) Rajasthan Royals 375,000 250,000
Fidel Edwards (West Indies) Deccan Chargers 150,000 150,000
Owais Shah (England) Delhi Daredevils 275,000 150,000
Paul Collingwood (England) Delhi Daredevils 275,000 150,000
Tyron Henderson (South Africa) Rajasthan Royals 650,000 100,000
Ravi Bopara (England) King’s XI, Punjab 450,000 150,000
Thilan Thusara (Sri Lanka) Chennai Super Kings 140,000 100,000
Jesse Ryder (New Zealand) Bangalore Royal
Challengers
160,000 100,000
Kyle Mills (New Zealand) Mumbai Indians 150,000 150,000
Dwayne Smith (West Indies) Deccan Chargers 100,000 100,000
Mashrafe Mortaza (Bangladesh) Kolkata Knight Riders 600,000 50,000
George Bailey (Australia) Chennai Super Kings 50,000 50,000
Unsold, but allotted to Mumbai, Punjab teams 
Jerome Taylor (West Indies) Kings XI Punjab 150,000 150,000
Mohammad Ashraful (Bangladesh) Mumbai Indians 75,000 75,000

South African all-rounder Tyron Henderson was bought by Rajasthan Royals for $650,000 (about Rs 3.18 crore), a massive jump from his base price of $100,000. England all-rounder Ravi Bopara was bought by Kings XI Punjab for $450,000 (about Rs 2.20 crore), three times his base price of $150,000.

Mumbai Indians, the team owned by Mukesh Ambani of Reliance Industries, took South African batsman JP Duminy for $950,000, more than three times his base price of $300,000. English cricketer Owais Shah and Paul Collingwood went to Delhi Daredevils for $275,000 each, while the defending champions Rajasthan Royals outbid Deccan Chargers and bought Australian pace bowler Shaun Tait for $375,000.

As many as 50 players threw their hat in the ring for the 17 slots available to franchisees. The unlucky ones could still make the grade at a later date to replace the absent Pakistan cricketers.

 

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Wall Street opens higher on Greek deal
- Oil cos seek compensation for losses on petrol
- Centre for 6% road tax on cars, two-wheelers
- RBI raises bank rate to 9.5%
- Axis Bank reappoints Shikha Sharma as Managing Director
  Read Business news in 
- Now property search gets more exciting than ever before!
- IndianOil Citibank Card at Zero annual card fee
- Save over Rs.3000 with IndianOil Citibank Card
- Are You Serious About Your Future? Click here to know more
- Financial Learning now made easier and more convenient.
- India's No. 1 Property Site. Click here to know more..
- Exim Bank Conclave on India - Africa Project Partnership. Know more..
- Be part of it The World's Largest Aircraft.
- Creating Wealth made simple the SIP way. Know more..
- Only Developer to give a guarantee on time space & rate.
- Office 365 for professionals and small businesses.
- Buy Your Property with Our Triple Guarantee in India.
- Improve Patient Care & Experience. Click here to know more
- Win a Business Class Ticket to Europe..Know more..
-  Introduce a New Automotive Luxury Car.. know more
- Health is Wealth..... Insurance + Savings... Know More...
- Making lives better through Social Innovation Business..
Sorry, comments to this story are closed
Latest Messages
Posted by: piyush
which hotel in goa was the auction held
SmartInvestor+ E-zine
  Pay Rs.747/- for 3 years and
  get a branded watch FREE

  Subscribe Now
Most Popular
Read
E-Mailed
Commented
   
- Vanita Kohli-Khandekar: The halo around the internet
- Shiv Sena, MNS to charm young voters this V-Day
- SBI: Change in strategy paying
- Hackers bring down Microsoft India website
- A K Bhattacharya: Regulating the regulators
 
 More  
New Ipad Application
 Business Standard's all new IPad  App
 Click here to download for free
  BS Specials  
    Full coverage of elections in Uttar Pradesh, Punjab, Uttarakhand, Manipur and Goa
  Hot Searches  
 
Ambassador car |  Uttarakhand |  TCS |  Sarfaesi Act |  Vodafone |  DZire |  Aakash tablet |  Sodexo |  NHAI |  Companies Bill 2011 |  Playbook |  Rupee |  Samsung Galaxy Note |  Kingfisher Airlines |  FDI in retail |  Silver |  Provident Fund |  income tax refund |  Anna Hazare |  iPhone |  Reliance Industries |  SEBI |  BSNL |  BSE |  NSE |  Mukesh Ambani |  Anil Ambani |  TCS |  Infosys |  Pranab Mukherjee |  Sonia Gandhi |  Rahul Gandhi |  New Pension Scheme |  Reliance |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |  B-School |  Sensex |  Tax calculator |  Home Loan |  Personal Finance |  inflation |  oil prices |  Barack Obama |   
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
FOR HOT PRODUCTS
BS Bazaar.com
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us