The auction for the 12th edition of the Indian Premier League (IPL) has shortlisted 332 players. On 19 December in Kolkata, the eight franchises of the league will bid the remaining places in their respective teams for IPL 2020.
As many as 997 players had registered their names with the intention of entering this league. Among these names, eight franchisees named their favourite cricketers among these players, after which 332 names were shortlisted. A total of 73 vacant lots are to be filled in the auction.
The highest reserve base price of the bid is Rs 2 crore. Seven players are commanding this price, all foreign cricketers. There is no Indian player in the Rs 2 crore slab. These seven foreigners are Pat Cummins, Josh Hazlewood, Chris Lynn, Mitchell Marsh, Glenn Maxwell, Dale Steyn and Angelo Matthews.
However, among the players who are retained, Indian cricketers command a much higher price. The highest-paid players in the list are Indian captain in various formats Virat Kohli (Royal Challengers Bengaluru) and his deputy Rohit Sharma (Mumbai Indians) with retainership prices of Rs 17 crore and Rs 15 crore respectively.
In the auction for 2020, Robin Uthappa is the name of an Indian player in the most expensive slab under the reserve base price. Robin is the only name included in the auction’s second most expensive reserve slab of Rs 1.5 crore. After Robin, Indian stars Piyush Chawla, Yusuf Pathan and Jaydev Unadkat are in the slab with a base price of Rs 1 crore.
This auction, which is going to be held in Kolkata, will start at 3:30 PM on Thursday (19 December). This auction puts a total of 186 Indian players on sale while there will be 143 foreign players. Three of these players are from associate countries.
The IPL is a professional Twenty20 (T20) cricket league in India held in the period March-May of every year by eight teams representing eight different cities in India. The league was founded by the Board of Control for Cricket in India (BCCI) in 2008. The IPL has an exclusive window in ICC Future Tours Programme. The IPL is the most-attended cricket league in the world. In 2014, it ranked sixth by average attendance among all sports leagues. In 2010, the IPL became the first sporting event in the world to be broadcast live on YouTube.
The brand value of the IPL in 2019 was Rs 47,500 crore ($ 6.9 billion), according to Duff & Phelps. According to the BCCI, the 2015 IPL season contributed Rs 1,150 crore ($ 170 million) to the GDP of the Indian economy.
There have been twelve seasons of the IPL tournament. The current IPL title holders are the Mumbai Indians, who won the 2019 season.