IPL has now adapted perform-or-perish motto: Experts on 2019 auction
Sports experts and analysts agree on how the franchisee owners want to pay only for talent when they are bidding for a player and not just a big name
December 19, 2018 / 07:26 PM IST
Players bails wait to be picked during the Indian Premier League (IPL) auction held at the ITC Gardenia hotel in Bangalore | Image courtesy: IPLT20.com (BCCI)
Auction for the 12th season of the IPL, held on December 18, has proved how corporates are looking for more value-for-money in the teams they own. Sports experts and analysts agreed on how the franchisee owners want to pay only for talent when they are bidding for a player and not just a big name.
The IPL 2019 auction on Tuesday saw new talents like Jaydev Unadkat and Varun Chakravarthy attracting the highest bids of Rs 8.4 crore each. On the other hand, Yuvraj Singh, who was bought by Royal Challengers Bangalore for a whopping Rs 14 crore just four years ago, was bought last minute for just Rs 1 crore by Mumbai Indians. Popular names like Cheteshwar Pujara, Brendon McCullum and Alex Hales remained unsold.
The numbers sure suggest change in trend for the T20 cricket league.
“There is a course correction that has begun in IPL bidding. The franchisee owners are not looking at making their teams unnecessarily top-heavy. Instead, they want players with mettle. At the end of the day, the franchisee owners are corporates and they are here to make money. They will bid for players who either have an excellent track record or show promise,” said Tuhin Mishra, MD at Baseline Ventures, a sports marketing and talent management firm.
“IPL has picked up a perform-or-perish motto,” Mishra added.
The auction also saw new talents being picked up. Prabh Simran Singh, who is just 18, got picked up by Preity Zinta-owned Kings XI Punjab for Rs 4.80 crore. Interestingly, his base price was only Rs 20 lakh. Bengal’s 16-year-old all-rounder Prayas Ray Barmas was picked up by Royal Challengers for Rs 1.5 crore. His base price was also Rs 20 lakh.
“Young players who have been picked up at pretty high rates have the opportunity to prove their mettle in 2019 IPL. Given the trends, if they perform, they remain in the game. Otherwise, it doesn’t take too much time for a franchisee owner to drop a player off the team list. Even big names haven’t been spared,” said another senior sports analyst.