Indian Premier League Auctions May be a Thing of the Past

The Indian Premier League is set to begin in April. The recent IPL player auction took place towards the end of January. Around $70 million was spent on buying players for the eight IPL teams.

This year, there seemed to be more of an emphasis on choosing up-and-coming players, rather than already established overseas players. The teams are allowed up to eight overseas players each.

This year, the Chennai Super Kings and Rajasthan Royals are returning to the Premier League. The two teams had been suspended after illegal gambling took place.

Most Expensive Buys this Year

There were some notably high bids this year. The Rajasthan Royals purchased Ben Stokes for $2.4 million, and Jaydev Unadkat for $2.23 million.

Sunrisers Hyderabad bought Manish Pandey for $2.1 million, and Rashid Khan for $1.7 million.

Kings XI Punjab payed $2.1 million for KL Rahul, while the Delhi Daredevils paid $1.75 million for Glenn Maxwell.

Mumbai Indians paid $1.6 for the purchase of Krunal Pandya.

Kolkata Knight Riders spent $1.8 million on Mitchell Starc, and $1.86 million on Chris Lynn.

IPL Auctions on Their Way Out

A total of 169 players were bought at the IPL auction this year. This was the biggest out of the past four auctions. The players were chosen out of a pool of 581 potential players. Previous years have seen approximately 300 players up for auction.

The IPL officials have noted that the auction is not likely to continue in the future. It was continued this year because two of the teams were returning from a two-year suspension.

Hemang Amin, the IPL Chief Operating Officer, noted: “Going forward the thinking is that we will not have this mega auction, but will consider having a draft system for the new players, which acts as a feeder system for the teams.”