A Beginner’s Guide to the IPL Auction Process

We’re still 9 weeks away from the start of IPL 2017, but in three days the IPL teams (with their coaches and thinktanks) will get together in a giant meeting room to bid for players to add to their squads. That’s right, IPL auction season is upon us!

For the uninitiated, here’s a quick beginner’s guide to the IPL Auction Process.

What is it, exactly?

Each year in February the IPL hosts an auction process where teams get to boost their squads. They bid for players not currently attached to a team, and the highest bidding team gets the player.

Why do they need more players?

Every squad must have between 16 and 27 players, with a maximum of 9 overseas players. During the off-season, teams can release players (usually due to underperformance, injury or unavailability), and they’ll use the auction to fill up these slots.

 How much are they allowed to spend?

Each team can spend a maximum of of 66 Crore Rupees on their squad, including current players. This means the amount in their wallet for the Feb 20th auction will vary – for example, Kings XI Punjab have 8 open spots for players but a purse of Rs. 23.35 Crore, while Mumbai Indians have 7 open spots, but a purse of only Rs. 11.55 Crore remaining.

Who needs the least and most players?

KKR finished 4th last season and unloaded a mammoth 6 overseas players, and are now short Andre Russell too. They will buy up to 14 players including 6 overseas.

RCB and Mumbai will only have room to buy up to 7 players in this year’s auction.

What’s the deal with international conflicts?

Each national board has full discretion over players’ schedules; this means for example, England and South Africa are both calling back players in early-mid May to get an ODI series in as prep for the Champions Trophy.

This means even the marquee players might be in lower demand, as international conflicts mean they aren’t available for the entire IPL but would still occupy a spot in the squad.

How many players are up for grabs?

Believe it or not, the list started at 799 players.

Teams submitted wish lists and it dropped to 351 players, including 122 capped internationals.

Remember, combined the teams can only buy a maximum total of 77 players, making the odds of getting bid on just greater than 1 in 5 – yup, nearly 4 of every 5 players in the pool will go unsold in the painfully boring process of having their name announced and no bids. 

Ok, but really, there are obviously some exciting players?

Here’s the fun part. 1Tip1Hand is most excited about a few key players.

3 Most Exciting Marquee Players

·         Ben Stokes (base price 2cr): An asset with bat and ball, Stokes will no doubt stoke (haha!) a bidding war

·         Angelo Mathews (base price 2cr): Although recent form has been average at best, an all-rounder who has leadership experience make Angelo an exciting pick. Sadly, we expect he might not get picked up this year given his reputation as a slow batsman; a T20 strike rate of 120 just isn’t enough

·         Jason Roy (base price 1cr): His tenacity with the bat and recent limited overs experience against India will make him a key pick for any of the 8 IPL sides this year

3 Most Exciting Lesser Known Players

·         Colin de Grandhomme (base price 30lakh): At 30 lakhs, de Grandhomme is a steal with a whopping 170.54 career strike rate. His handy medium pace is a steal for 1-2 overs per game too.

·         Evin Lewis (base price 50lakh): This lesser known West Indian is often in the shadows of stars like Gayle and Russell, but he scored 72% of his runs in boundaries this past year. A strong, cheap opening batsman option.

·         Tymal Mills (50lakh): Mills bowls quick, in the early overs and in the death overs too. His brisk pace and tight economy asset make him a sure shot pick – and bonus over the others English players, he’s not in the England ODI team, so will be around for the entire season.

So there you have it! A beginner’s guide to the 2017 IPL Auction. If you have questions, leave us a comment and we will come back to you.

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