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By Karthikeyan S.
Thoughts About the T20 Indian Premier League, (IPL), 2025 Cricket auction, held on, Sun., 24th, Nov., 2024,. and Mon., 25th Nov., 2024:
Report On IPL 2025, (v. 18) Mega-Auction
The IPL 2025 open-tender auction, was one of the 6 major mega-auctions, (the previous ones were held in 2008, 2011, 2014, 2017, 2022), ever held for the IPL tournament over its last 18 editions. It was conducted by Mallika Sagar.
Last year’s IPL winners, Kolkata Knight Riders, (KKR), started with a kitty constraint of INR 51 Crores, (nearly US $ 5.8 million), and did well with a raft of bargain basement signings; starting with Quinton de Kock, (QdK), (INR 3.6 Crores, or about US $ 400,000/-), Rovman Powell, (INR 1.5 Crores, or about US $ 170,000/-), Rahmanullah Gurbaz, at base price of INR 2 Crores, (approx. US $ 230,000/-), and Anrich Nortje. (INR 6.5 Crores, or about US $ 740,000/-) RCB engaged in a bidding war with KKR, before the latter steadfastly stood by, and won the services of Venkatesh Iyer, their talismanic IPL-2024-winning batter, for INR 23.75 crores. (approx., US $ 2.7 million) This goes to show that successful performance matters more than the fame of the name tags in IPL, and also, how KKR view him; that the risk of taking this hitherto-unknown player, (2 years ago), into their fold, has now paid off with great rewards for KKR.
Gujarat Titans, (GT), began with a budget of INR 69 Crores, (approx., US $ 7.85 million), and went all out for their skipper Jos Buttler; pace bowlers, Mohammad Siraj, (INR 12.25 Crores, or about US $ 1.4 million); and Kagiso Rabada, (INR 10.75 Crores, or approx., US $ 1.2 million), but in their defence, they did well to acquire the services of tearaway Gerald Coetzee from MI, (INR 2.4 Crores, or approx., US $ 270,000/-) and finisher Sherfane Rutherford - at rock bottom prices.
Royal Challengers Bengaluru, (RCB), with a purse of INR 83 Crores; (approx., US $ 9.4 million), went for fast bowlers, Josh Hazlewood after a hiatus, for INR 12.5 Crores, (approx., US $ 1.4 million), besides the experienced Bhuvaneshwar Kumar - for a combined total of INR 23.25 Crores, (approx., US $ 2.6 million), and added batters Salt, David, Shepherd, Livingstone, and Hardik Pandya to their roster. MI, and LSG engaged in a bidding war for Bhuvneshwar Kumar, but it was RCB, which entered the bidding fray late, that finally got him the fast bowler for INR 10.75 Crores, (approx., US $ 1.2 million), even though his fortunes have been sagging off-late. Liam Livingstone, of England's successful 2022 World Cup T20I campaign, and with PBKS in the previous season, had them start the bidding for him at a base price of INR 2 Crores, (approx., US $ 230,000), but RCB outbid them for him for that. However, SRH dropped out at INR 3.8 Crores, (approx., US $ 430,000/-); DC dropped out at INR 5 Crores, (approx., US $ 570,000/-), and CSK was pipped to the post at INR 8.75 Crores, (approx., US $ 1 million), by RCB, for him. KKR wanted Phil Salt back, but were willing to pay him no more than INR 9.25 Crores, (approx., US $ 1.05 million), and so, RCB ended up with him too, for INR 11.25 Crores, (approx., US $ 1.275 million), in the IPL 2025 auction. CSK bid back wicket-keeper batter Jitesh Sharma, for his base price of INR 1 Crore, (approx., US $ 115,000/-), but LSG joined in the fray, only to leave at INR 3.6 Crores, (approx., US $ 400,000/-), after bidding him up with no intention to buy, taking a leaf from the DC teams' playbook from years gone by; the latter of whom, themselves left the player at INR 3.8 Crores, (approx., US $ 430,000/-), and so, he finally went to RCB at INR 7 Crores. (approx., US $ 800,000/-) PBKS decided to exercise their RTM for him, but RCB quoted him for INR 11 Crores, (approx., US $ 1.25 million), that PBKS balked at, and did not accept, and so he stayed with RCB at the last quoted price !!! That was a very pricey affair. Jacob Bethell was offered his base price of INR 1.25 Crores, (US $ 140,000/-), by SRH, and they stayed with him till RCB engaged in some serious closed-door discussions, and finally bid him up to INR 2.6 Crores, (approx., US $ 300,000/-), with no other takers left in the room. Lungisani Ngidi was bought, and sold at his base price bid of INR 1 Crore, (approx., 115,000/-), by RCB.
SunRisers Hyderabad, (SRH), went into the auction with a constraint of INR 45 Crores. (approx., US $ 5.15 million) Their most expensive purchases were all Indian. Ishan Kishan for INR 11.25 Crores, (about US $ 1.28 million), Mohammed Shami for INR 10 Crores, (or about US $ 1.15 million), Harshal Patel for INR 8 Crores, (approx., US $ 900,000/-), and Rahul Chahar for INR 3.2 Crores, (approx., US $ 365,000/-), but they got Jaydev Unadkat on the cheap, (INR 1 Crore or about US $ 115,000/-), while in the overseas player department; they stole reliable T20 spinner, Adam Zampa for a little over his base price of INR 2 Crores. (approx., US $ 230,000/-), with the final bid at INR 2.4 Crores. (approx., US $ 270,000) Also, there was a small bidding battle for Tim David between RCB, and SRH, the latter of whom raised his price from the base of INR 2 Crores, (approx., US $ 230,000/-), to INR 3 Crores, (approx., US $ 340,000/-), before Kavya Maran opted out, and he went to RCB. At the time when everyone's "kitties" were still full; CSK, and KKR got in a bidding war with each other for Mohammed Shami. (previously never before bid for more than INR 7 Crores, or approx., US $ 800,000/-) LSG then got in at INR 8.5 Crores, (approx., US $ 965,000/-), after CSK got out at INR 8.25 Crores, (approx., US $ 937,500/-), but KKR continued bidding for him. However, they too, finally stopped for a brief period at LSG's bid for him at INR 9.5 Crores, (US $ 1.08 million), for a discussion. Yet, KKR came back strong in the bidding for him, at INR 9.75 Crores, (approx., US $ 1.2 million), which is where LSG got off the bidding train. Then, from nowhere, suddenly, SRH came in with a stunning INR 10 Crores bid, (approx., US $ 1.15 million), for him; and so, KKR lost out, and Mohammed Shami went to SRH.
Team Chennai Super Kings, (CSK), came into the auction with a medium-sized allocatable amount of INR 55 Crores, (approx., US $ 6.25 million), which they used to buy the pricey Afghan Noor Ahmad, and gave him a good foil by purchasing the services of Ravichandran Ashwin, (INR 9.75 Crores, or approx., US $ 1.1 million), a former CSKian. They also retained the services of the Kiwi batting duo of Devon Conway, for INR 6.25 Crores, (approx., US $ 720,000/-), and Rachin Ravindra, for INR 4 Crores, (approx., 450,000/-), respectively. Then, CSK nabbed the services of 2 good overseas players, namely; Sam Curran, & Nathan Ellis, at bargain basement deals, while acquiring the services of Vijay Shankar, (INR 1.2 Crores, or approx., US $ 140,000/-), Deepak Hooda, and Khaleel Ahmed, at the correct price, while also retaining the services of Lasith Malinga play-alike, namely; Matheesha Pathirana. Anshul Kamboj started at a humble base price of INR 30 Lakhs, (approx., US $ 34,000/-), when the DC team initiated his bidding, but they dropped out at 95 Lakhs, (approx., US $ 110,000/-), while competing with CSK for him; who themselves dropped out at INR 2.2 Crores, (approx., US $ 250,000/-), but MI took him to INR 3.2 Crores, (approx., US 365,000/-), before CSK made a late come back for him, deciding they want him after all, at INR 3.4 Crores. (approx., US $ 390,000/-)
Delhi Capitals’, (DC's) “chacha”-led team came into the auction with a good wallet of INR 73 Crores, (approx., US $ 8.3 million), with which, they splurged on fast bowlers like Mitchell Starc, (INR 11.75 Crores, or about US $ 1.35 million), and surprisingly, T. Natarajan - for INR 10.75 Crores, (approx., US $ 1.2 million), after a small bidding battle with RCB. They also purchased the services of Skipper KL Rahul, at INR 14 Crores. (approx., US $ 1.6 million) However, they were able to land good deals such as Faf du Plessis, at his base price of INR 2 Crores. (approx., US $ 230,000/-) They used the RTM card to match the bids for Jake Fraser-McGurk, and Mukesh Kumar for a combined sum of INR 17 Crores, (approx., US $ 1.93 million), which I think, was a bit too much. Even though PBKS outbid every other franchise for Mukesh Kumar at INR 6.5 Crores, (approx., US 740,000/-); DC's "chacha" exercised their right-to-match, (RTM) card, and got him for a whopping INR 8.5 Crores. (approx., US $ 965,000/-) They could’ve instead bid for him in the old-fashioned, and regular way. Bidding for Rasikh Dar, started at INR 35 Lakhs, (approx., US $ 40,000/-), & SRH wanted to take him for INR 45 Lakhs, (approx., US $ 51,000/-), but RCB, had other ideas, and took him up to INR 2-odd Crores. (approx., US $ 230,000) However, DC's chacha would have none of that either, and exercised his RTM option, for an ungainly INR 6 Crores, (approx., US $ 680,000/-), for whom, again, they could have avoided paying so much for, had they entered the bidding fray themselves.
Punjab Kings, (PBKS), started their wheeling, and dealing with the largest grant, at INR 110.5 Crores, (or approx., US $ 12.5 million), and were able to make last-year's KKR Captain, (Shreyas Iyer), the most expensive player for a few minutes. Also, they shelled out a combined total of INR 36 Crores, (approx., US $ 4.1 million), for Arshdeep Singh, and Yuzvendra Chahal – for their bowling department, which may look over-imposing, but I thought was justifiable. They also bagged the destructive Australian all-rounder pair of "Maxwell, and Stoinis." They look balanced with the addition of overseas pacemen; namely, Marco Jansen, and Lockie Ferguson. The latter was a steal for PBKS, as they got him for the base price of INR 2 Crores, (approx., US $ 230,000/-), with KKR deciding not to exercise their RTM for him.
Mumbai Indians, (MI), with a shoe-string budget of just INR 45 Crores, (approx.., US $ 5.15 million), broke the bank to re-unite Boult, and Bumrah. Also, they spent INR 9.25 Crores, (approx., US $ 1.05 million), for Deepak Chahar. Also, they also added explosiveness to their batting with the recent SA 20-20 tournament-winning, MI Cape Town club player, Ryan Rickelton, and added Will Jacks to the mix, for a combined total of INR 6.25 Crores. (approx., US $ 710,000/-) They also spent a lot on Naman Dhir, a little-known player. However, MI acquired the services of Mitchell Santner at his rock-bottom base price. Santner will have his work cut out as he has to bowl in tandem with Karn Sharma, an also-ran. MI, and PBKS erupted in a bidding war for military-medium trundler Deepak Chahar, before CSK entered the bidding fray late, but he finally went to MI for INR 9.25 Crores, (approx., US 1.05 million), with CSK not exercising the RTM. An unknown spin-bowling all-rounder, Allah Ghazanfar from Afghanistan, piqued the interest of MI, and they put their money where their interest was, to the tune of INR 4.8 Crores for him. (approx., US $ 545,000/-)
I think that R. P. Goenka's Lucknow Super Giants, (LSG), with a purse of INR 69 Crores, (US $ 7.8 million); shelled out too much, (nearly 40 % of their purse), for the mercurial Rishabh Pant !!! (INR 27 Crores, or about US $ 3.07 million) They had other expensive signings, such as INR 9.75 Crores, (approx., US $ 1.1 million), for Avesh Khan, INR 8 Crores, (approx., US $ 900,000/-), for Akash Deep, and INR 7.5 Crores, (approx., US $ 850,000/-), for David Miller. However, they got Aiden Markram at his base price of INR 2 Crores, (approx., US $ 230,000/-), Mitchell Marsh for INR 3.4 Crores, (approx., US $ 390,000/-), and the little-known Matthew Breetzke, which is good, especially as the last one mentioned, has been in form lately. CSK made the opening bid for Akash Deep, but he eventually stayed with LSG for INR 8 Crores, (approx., US $ 900,000/-), after a late bidding war with PBKS. Whether LSG would have been better off sitting it out, only to exercise their RTM for him, remains a rhetorical question.
Rajasthan Royals, (RR), with a small purse of just INR 41 crores, (approx., US $ 4.66 million), retained the services of Jofra Archer, at INR 12.5 Crores, (approx., US $ 142,000/-), Tushar Deshpande at INR 6.5 Crores, (approx., US $ 740,000/-), Wanindu Hasaranga INR 5.25 Crores, (approx., US $ 600,000/-), and Maheesh Theekshana at INR 4.4 Crores. (approx., US $ 500,000/-) They roped in the under-estimated Nitish Rana to boot, too, but not before CSK, which engaged in a bidding war with RR, as both are on the same turf for him, (a big-game KKR stalwart); a battle that RR eventually won. RR thought that Tushar Deshpande, last-year’s CSK representative, would play an ideal pace bowling foil for Jofra Archer, whose services, they also retained.
In retrospect, the real-time purchasing power of the auction signings has declined for overseas players as the INR has nosedived to INR 88/- per the US Dollar, while last year, it was, INR 75/- to the US Dollar. The IPL Commissioner, and BCCI, should have taken note of this fact, and increased the minimum base price pegging that all IPL players can quote. (For instance, the minimum base price quotable should be INR 40 Lakhs, instead of INR 20 Lakhs, or INR 30 Lakhs for Indians, and minimum base price for overseas players that is quotable, should be INR 2 Crores, for them.) If this is not done, soon enough, there is a very real chance that quality overseas players will drift to other T20 leagues that occupy the same 2-month window timeframe between March, and June, of every year, that IPL occupies !!! Also, the fact that this was a mega-auction meant that, player auctioning was rushed quicker than the mini-auctions that preceded it in the last 18 years, (2009, 2010, 2012, 2013, 2015, 2016, 2018, 2019, 2020, 2021, & 2023); that led to many clubs quoting realistic figures for players, as there was not ample time for the auction market to settle to the actual value of players, unlike in a relaxed mini-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 2025 Indian Premier League, (IPL), mega auction, to be held on Sunday, 24th November, 2024, and on Monday, 25th November, 2024, in Jeddah, Saudi Arabia had a record 1,574 Cricketers, on the auction block, so-to-speak, who would be coming up for bidding. The IPL 2025 auction was similar to the 2008, 2011, 2014, 2017, and 2022 mega auctions, and was a major team-dynamic disruptor; which threatened to take away the edge of the established franchises. However, despite having 5 previous mega-auctions over the past 17 years of IPL, no team was comfortable with the wholesale team composition changes that they would have to undertake. Somehow, the successful franchises, namely; such as Chennai Super Kings, (CSK), Kolkata Knight Riders, (KKR), and Mumbai Indians, (MI), have so far, managed to hold on to their respective edges, as seen in the static, and jumbling graphs below:

One has to reflect on recent history; namely the seasons upto, & including IPL 2025; (v. 18), to highlight some important trends, & patterns. First off, although the KKR took the IPL 2024 trophy by storm; it's their bad luck that they had a mega-auction to contend with before they could defend their title.
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, till 2020, MI had 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 8 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, Mumbai Indians' (MI's), performance, and broke a raft of records set by MI, between 2018-2025. Both CSK, and MI have won IPL titles back-to-back, (consecutively), and both CSK, and MI now have 5 IPL titles, after CSK caught up with the latter, in 2023, but could not manage to make it a back-to-back victory in 2024, as Shreyas Iyer's KKR had other ideas !

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 Rajasthan Royals, or RR. (2024) (33 days) MI, (2010), and Delhi Capitals, (DC), (2012), came close with 30 days each, to overtaking that record, as can be seen in the below graph, but could not collect that record, so far.

As one can see in the below graph, CSK holds the IPL record for being at the top of the league season charts for the highest number of days, and the second position on the IPL Points Table, for the largest number of days, pipping MI, and KKR to the post, respectively. Most say that CSK had been a beacon of consistency because of its former 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, early on. Without them at the helm now, Ruturaj Gaikwad has large shoes to fill. MI, on the other hand, had looked 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 ! (Mitchell Johnson for only a base price of INR 2 Crores in an earlier auction, for example.) However, they have turned out to be paper tigers between 2021, and 2025, may be due to ill luck. Will the Mumbai Behemoth's luck turn again this year ? That remains to be seen.

UPDATED: Your Bet365 / BetWay / DafaBet / Dream11 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 half of this decade of the 2020s. (specifically, the 2025 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 - 12 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. (Updated for the end of IPL 2024.) 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 was 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 17 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.