IPL Auction: Why Indians are opting for low base prices?

Source : SIFY
Last Updated: Wed, Feb 15, 2017 12:21 hrs
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In a surprising revelation, the player list circulated by IPL authorities to all eight franchises indicates that the 122 Indian cricketers who will go under the hammer at the auction on February 20 have preferred a lower base price to attract bids.

A report in The Hindu quoted former India player Irfan Pathan, who has set his base price at Rs. 50 lakh saying, "My priority is to be able to play throughout the season. I don’t look at IPL just to make money. At this stage of my career, if I have to get back into contention, I should be able to get noticed and IPL offers that platform, so money is secondary."

Also Read: IPL Auction 2017: Date, Time, Player List & Auction Money

Ishant Sharma is the only Indian among the seven marquee players with a base price of Rs. 2 crore.

Two other players who have played for the national team, Varun Aaron and Manoj Tiwary too have set their base price at Rs. 50 lakh each.

"After missing out on the last season, it’s important for me to be part of the IPL," said Tiwary in a chat with The Hindu.

Also, two of the top picks at the 2016 auction, all-rounder Pawan Negi and leg-spinner M. Ashwin have kept their base price at a minimal Rs. 30 lakh. Negi was bagged for Rs 8.5 crore by the Delhi Daredevils while Ashwin was bought for Rs 4.5 crore by Rising Pune Supergiants.

We have seen in the past that the franchises are not too keen on splurging big bucks at these mini auctions, and that explains why none of the Indians have opted for an eight-digit base price.

After pruning the original list of 799 players, the IPL franchises settled on 351 players including 122 Indians and 229 overseas players.

This number also includes six Associate nation players -- five from Afghanistan and one from UAE.

There are 76 slots available across the eight teams, which includes a maximum of 28 overseas players.

Kings XI Punjab and Delhi Daredevils with Rs. 23.35 crore and Rs. 23.2 crore, respectively have the most to spend at this year's auction and overall the franchises can spend a total of Rs. 143.33 crore.

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