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By Karthikeyan S.
Thoughts About the T20 Indian Premier League, (IPL), 2024 Cricket auction, held on, Tue., 19th, Dec., 2023:
The following were the IPL "kitty-constraints" of each franchise team for the 2024 IPL auction: Gujarat Titans, (GT), (INR 38.15 crores, or approx., US $ 4.6 million), Sunrisers Hyderabad, (SRH), (INR 34 crores, or approx., US $ 4,100,000/-), Kolkata Knight Riders, (KKR), (INR 32.7 crores, or approx., US $ 3.95 million), Chennai Super Kings, (CSK), (INR 31.4 crores, or approx., US $ 3.8 million), Punjab Kings, (PK), (INR 29.1 crores, or approx., US $ 3.5 million), Delhi Capitals, (DC), (INR 28.95 crores, or approx., US $ 3.5 million), Royal Challengers Bangalore, (RCB), (INR 23.25 crores, or approx., US $ 2.8 million), Mumbai Indians, (MI), (INR 17.75 crores, or approx., US $ 2.2 million), Rajasthan Royals, (RR), (INR 14.5 crores, or approx., US $ 1.75 million), and Lucknow Super Giants. (LSG) (INR 13.15 crores, or approx., US $ 1.6 million)
Fast Bowlers: At the IPL auction, it was a mixed day for most fast bowlers, as franchises allocated most of their budgets in a lopsided way to only a select few resources.
INR 24.75 crores or approx., US $ 2.975 million, was spent on Mitchell Starc alone, by KKR. This is the most that has ever been spent on a player, at an IPL auction. Also, Pat Cummins was second only to Mitchell Starc, & went for INR 20 crores or approx., US $ 2.5 million to SRH. The base price of both, to begin with, was approx., INR 2 crores, or US $ 240,000/-.
INR 5.8 crores, or approx., US $ 800,000/-, was spent on Umesh Yadav by GT. (base price of INR 2 crores, or approx., US $ 240,000/-) INR 5 crores, or approx., US $ 600,000/-, was spent on Australian; Jhye Richardson. (base price of INR 1.5 crores, or approx. US $ 180,000/-) David Willey, (England), went for his base price of INR 2 crores, or US $ 240,000/-. Dilshan Madushanka, (SL), whose base price was INR 50 lakhs, or approx., US $ 60,000/-, was sold to MI, for INR 4.6 crores, or approx., US $ 550,000/-.
MI got South Africa's Gerald Coetzee for INR 5 crores, or approx., US $ 600,000/-. (starting from a base price of INR 2 crores, or approx., US $ 240,000/-.)
The DC management has an annoying habit, and that was on show again, with GT as the victims this time, in their cross-bidding war, for the services of a non-capped Australian fast bowler, Spencer Johnson, that one could clearly see that - who the former had no intention of buying; thereby depleting GT's purse to the extent of INR 10 crores, or approx., US $ 1.2 million. (his base price was INR 50 lakhs, or approx., US $ 60,000/-)
The "fizz;" namely, Bangladesh's fast bowler, Mustafizur Rahman, went to CSK for a bargain, at his base price of INR 2 crores, or approx., US $ 240,000/-.
In the purchase of the IPL under-performer, medium pace all-rounder, Sherfane Rutherford, at his base price of INR 1.5 crores, or approx., US $ 180,000/-, KKR may've been convinced by his consistent exploits in the Caribbean Premier League. (CPL) However, in their defense, KKR got it right by buying the under-estimated medium-fast trundler, Chetan Sakariya, for his base price of INR 50 lakhs, or approx., US $ 60,000/-.
Another medium-pacer, namely, Tom Curran; was bought by RCB, without opposition from any other team - not even by DC, for his base price of INR 1.5 crores, or US $ 180,000/-. (approx.) But even a layman knows that he is no patch on his brother, Sam Curran, in terms of IPL performances. RCB's auction team did, eventually, do themselves justice by acquiring out-&-out fast bowlers, such as Alzarri Joseph, at INR 11.6 crores, or approx., US $ 1.4 million, starting from a base price of INR 1 crore, or approx., US $ 120,000/-; & Lockie Ferguson, at his base price of INR 2 crores, or approx., US $ 240,000/-.
GT made one good choice for the future, in purchasing the services of fast bowler Kartik Tyagi, (for INR 60 lakhs, or approx., US $ 72,000/-, up from his base price of INR 20 lakhs, or approx., US $ 24,000/-); formerly of RR, & famous for defending a last over in an IPL match, where the opponents required only 4 runs.
Surprisingly, pace bowlers, such as New Zealand's Matt Henry, (base price of INR 75 lakhs, or approx., US $ 90,000/-), Adam Milne, (base price of INR 1 crore, or approx., US $ 120,000/-), Kyle Jamieson, (base price of INR 1 crore, or approx., US $ 120,000/-), all went unsold! Also, Australia's Josh Hazlewood, (who threw his hat in the ring for INR 2 crores, or approx., US $ 240,000/-), Ben Dwarshuis, & Lance Morris, (base price of INR 50 lakhs, or approx., US $ 60,000/-, each); also went unsold. Hazlewood had said that he would be unavailable for much of the tournament. Dwarshuis has just recently got a good T20I track record in India. Another South African, Nandre Burger, was snapped up by RR, for his base price of approx., INR 50 lakhs, or approx., US $ 60,000/-.
Spin Bowlers: Afghans spinner, Mujeeb-ur-Rahman went to KKR for his base price of INR 2 crores, or approx., US $ 240,000/-. Wanindu Hasaranga set, & went for his base price of INR 1.50 crores, or approx., US $ 180,000/-, to SRH. Spinner M. Siddharth set a base price of INR 20 lakhs, or approx., US $ 24,000/ but went for INR 2.40 crores, (approx., US $ 290,000/-), to LSG, while overseas spinners of note, such as Tabraiz Shamsi (South Africa), and Qais Ahmed, (Afghanistan), went unsold!
All-Rounders: Chennai Super Kings, (CSK), astutely purchased the services of fast-bowling all-rounder, Daryl Mitchell, (base price of INR 1 crore, or approx., US $ 120,000/-), albeit for INR 14 crores, or approx., US $ 1.7 million. GT got Afghan all-rounder Azmatullah Omarzai, at his base price of INR 50 lakhs. (Approx., US $ 60,000/-) Afghan spin-bowling all-rounder, Mohammad Nabi, went to MI, for his base price of INR 1.5 crores or approx., US $ 180,000/-. CSK splurged on the unheralded off-break bowling all-rounder, Sameer Rizvi, to the tune of INR 8.4 crores, (approx., US $ 1 million), after cross-bidding from many teams that took him up, from his humble base price of INR 20 lakhs. (approx., US $ 24,000/-) CSK also did well, to pick up "man-of-all-trades," Shardul Thakur, along the way, at double his base price. (for INR 4 crores, or approx., US $ 480,000/-) So, overall, CSK did a better job of using their limited resources to purchase the services of all-rounders at this auction, than last year's runner-up, GT, as the latter's chief bidder, Mr. Solanki, admitted in an interview after the auction.
Batters: Travis Head, (whose services were bought for INR 6.8 crores, or approx., US $ 818,500/-, from a base price of INR 2 crores or approx., US $ 240,000/-), would be competing for the same batting spot as current SRH skipper, Aiden Markram, who SRH may sideline now. Also, old KKR warhorse, Manish Pandey, winner of the IPL 2014 trophy for KKR, was back in that same side again, for his base price of INR 50 lakhs. (approx., US $ 60,000/-) However, in the purchase of the IPL under-performer, batter, Sherfane Rutherford, at his base price of INR 1.5 crores, (approx., US $ 180,000/-), KKR must have been convinced of his consistent exploits in the Caribbean Premier League. (CPL) Similarly, so too, for IPL under-performer, batter, Ashton Turner, at his base price of INR 1 crore, (approx., US $ 120,000/-); for whom LSG must have been convinced by his Big Bash League, (BBL) exploits; to repose faith in him. Shai Hope went to DC for his base price of INR 75 lakhs, or approx., US $ 90,000/-. PK became the latest victim of the DC auction team, in the cross-bidding, as the latter jacked up the price of batter, Rilee Rossouw, from his base price of INR 2 crores, (approx., US $ 240,000/-), to nearly INR 8 crores/-, (over approx., US $ 950,000/-); whom, the DC team had no intention to buy him, but to reduce the remaining allocated purse of the eventual buyer. However, in their defense, DC did make an investment in SA batter, Tristan Stubbs, who went to them, for his base price of INR 50 lakhs, or approx., US $ 60,000/-.
Batters of the caliber of Kane Williamson, David Miller, and Shubman Gill; remained retained by GT; while KKR retained Afghan batting sensation Rahmanullah Gurbaz.
Wicket-Keeper Batters: Every IPL team is going to rue not taking Josh Inglis, the Australian wicket-keeper batter, at his "bargain-basement" base price of INR 2 crores. (approx., US $ 240,000/-) A gritty fighter, he is the mini-Matthew Wade; & who can forget that whirlwind T20I century he scored in Vizag, India, on 23rd Nov., 2023. KKR got the services of Srikar Bharat, (formerly of RCB, and famous for last-ball 6 two seasons ago, against DC), at his base prices of INR 50 lakhs. (approx., US $ 60,000/-) In a bizarre twist, Akash Ambani of MI franchise's management, took a leaf from the DC playbook, by bidding up an unheralded Indian wicketkeeper-batter, Robin Minz, (with no intention of buying him), and annoying CSK thus, who thought they were doing the IPL player a favor by starting to offer him his base price of INR 20 lakhs, (approx., US $ 24,000/-); but ended up in a bidding war with MI, SRH, and later, lost him to GT, which entered the fray late, and whose purse was further depleted for a huge sum of INR 3.6 Crores. (approx., US $ 433,000/-) Similarly, Kumar Kushagra, the right-handed wicketkeeper-batter from MS Dhoni's home state of Jharkhand, was outbid with surprising vigorousness by DC's team, for INR 7.2 crores, (approx., US $ 900,000/-), from a humble base price of INR 20 lakhs. (approx. US $ 24,000/-)
In retrospect, the fact that this was a mini-auction compared to the previous 5 IPL mega-auctions that preceded it in the last 16 years, (2008, 2011, 2014, 2017, & 2022), led to many clubs quoting wild figures for players, as there was ample time for the auction market to settle to the actual value of players, unlike in a hectic major auction. The open-tender process of the IPL auction is still a level-playing field, & along with the hybrid policy of closed-door retentions, it's good!
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By Karthikeyan S.
The 2024 Indian Premier League, (IPL), auction, to be held in 3 days, on Tuesday, 19th December, 2023, at Dubai's Coca Cola Arena, will witness 333 cricketers, who would be coming up for bidding. This year's IPL 2024 auction may be smaller than the last, but still maybe a disruptor; and may take away the edge of the established franchises. However, despite having 5 mega-auctions over the past 16 years of IPL, where there were wholesale team composition changes to all teams; Mumbai Indians, (MI), & Chennai Super Kings, (CSK), have maintained their dominance over time, as can be seen in the below graphs, if only just, as they retain a key core of players ahead of the auction.
One has to reflect on recent history; namely the seasons upto, & including IPL 2023; (v. 16), to highlight some important trends, & patterns. First off, although Chennai Super Kings took the IPL 2023 trophy by storm, even though there was no power vaccuum in the other lead contenders, including, especially, at the newbie, & upstart team, Gujarat Titans, (GT), and at MI.
In the past, CSK's dominance in the first half, (or at the front-end), of an IPL tournament - is what had made its success impressive ! The CSK club is known for winning games early, and racking up the points quickly, like a hare, before anyone realizes they are in front, whether it is the Champions League (CL) T20, or the IPL. If one compares the CSK team's performance at the halfway mark of any IPL, to that of its performance at the back-half of the tournament, one would notice that most even though they usually slacken off in the second-half, they manage to make it to the play-offs; (see below charts comparing performances at a "cross-section" of time, in the tournament); with the notable exception of MI, the latter of which, traditionally picked up steam at the business-end of the season. From 2015 onwards, MI has been consistent throughout almost all seasons, whether it be at the beginning or later stage of an IPL tournament.
Similarly, CSK's performance over the last 5 years, (see below line chart), after its re-admission into the T20 league Cricketing fold; has been nothing less than spectacular, and they have caught up with their nemesis's, (MI's), performance, and broke a raft of records set by MI, between 2018-2023. Both CSK, and MI have won the IPL title back-to-back, (consecutively), and both CSK, and MI now have 5 IPL titles, after CSK caught up with the latter - last year !
The award in terms of the maximum number of days in a season - that a team has held on to the status of the most times that a franchise has held the title of "pole-position-holder" in the IPL, goes to MI (in 2010), and DC. (in 2012) (30 days each). CSK came close in 2021, (28 days), to overtaking that record, as can be seen in the below graph, but could not collect that record, also, so far.
As one can see in the below graph, CSK holds the IPL record for being at the top of the charts for the highest number of days, pipping MI to the post, and the latter of whom, now hold the record for having been in second position on the IPL Points Table, for the largest number of days. Both the teams have maintained that record through the 16th season of IPL, too ! Most say that CSK has been a beacon of consistency because of its Captain, namely; Mahendra Singh, Dhoni, (MSD), and his erstwhile talismanic deputy, namely; Suresh Raina, who both had pulled the club side, by the scruff of its neck, despite poor team composition selection choices made at the auction. With Raina's forced departure, CSK is starting to lose the shine. MI, on the other hand, have a settled, and balanced side, selected brilliantly by young amateurs, namely; Akash, and Anant Ambani, the scions of the Reliance corporate network. Credit should go to them for their master-strokes, for retaining the services of Jasprit Bumrah in MI, besides other good choices ! It remains to be seen as to how the Mumbai Behemoth take on Chennai Juggernaut, in 2024.
UPDATED: Your Bet365 / BetWay / DreamXI Team Selection Guide For IPL 2025: Which Player Would Provide The Best Bang For The Buck !?!
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Article By Karthikeyan S. & Data Mining By Ibopishak Singha
I would like to weigh in on what the best buys are, for the remaining first half of this decade of the 2020s. (specifically, the 2024 IPL season) Hindsight is 20 / 20 perfect vision, (or, as they say in India, 6 by 6 perfect vision, with 0 dioptres correction), and History is hindsight, as it tends to repeat itself in the future. Jegannath Ramanathan had adopted a point scoring system for the IPL - 11 years ago for the SportsKeeda website; and that still seems good today, as the base factors of success have hardly changed. In the following rating matrix, all players are still assessed based solely on their performance, and not on their erstwhile contract value. This is fair enough, as it gives all players a level-playing field, even though they maybe quoting wild figures for the IPL 2024 auction, (which is to be held on Tuesday, 19th December, 2023), for their respective individual values.
Method Of Determining T20 Player Value To A Particular Franchise.
In the following tables, we analyze the value of Indian & overseas, (international), players to IPL teams. In retrospect, which players have been the most valuable to their IPL teams ? With a simple points system, (based on back-of-the-paper-napkin calculations), devised by Mr. Ramanathan, we can arrive at some major Historical conclusions, because it repeats itself in future. However, for a granular nitty-gritty analysis of each IPL T20 match to be held in future, please visit Tom Pease's site here !
Please note that, as batting and bowling strike rates are very important in T20 tournaments; they have been given their due weightage in the ratings. Bad strike rates even receive negative ratings ! We are not even considering batting average as a weighting, as is commonly done, because, as it is a game of just 20 overs per side; there tends to be quite a few "not outs" for batsmen, leading to bloated averages. So, this does not always give the best picture.
The main way we calculate a player's performance is through the Points Per Match, (PPM), values, that the player brings in - to win the match for his team. We have totaled it per player, according to any given season. We did not consider incomplete matches, (Abandoned, or No Result), or even those in which players took part as fielding substitutes. As not everybody has played the full complement of 16 seasons of IPL, we denote the inapplicable data as N / A, or "Not Applicable," for the seasons for which we do not have such data. We give the player the benefit of doubt when a player is borderline in meeting any of the matrix's inner, and outer boundaries. The total annual PPM is divided by the number of IPL matches played by a given player in that season, and the average PPM is, then, rounded off to the higher whole number, to give overall player PPM.