The Indian Premier League (IPL) laid out a level playing field through player auctions from the very outset in 2008. Every team has a fixed purse, ensuring that the richest franchises cannot dominate the league simply by buying the best players. Rather, it rewards the smartest franchises who deploy their purses wisely.
The purse is ₹120 crore for each of the 10 teams to be formed in the triennial mega auction on 24-25 November in Jeddah, Saudi Arabia. Each franchise has been allowed to retain a maximum of six players, with their purses debited accordingly before the auction. Now we await the unfolding of their auction strategies.
MUMBAI INDIANS LOOKING FOR BOWLERS
Jasprit Bumrah is the only specialist bowler among the five players retained by the Ambani-owned franchise that finished last in IPL 2024. It's a tacit acknowledgement that Mumbai Indians (MI) messed up their bowling lineup after 2020, the last time they won the title. With Rohit Sharma, Suryakumar Yadav, Tilak Varma, and Hardik Pandya forming the backbone of the batting, MI can focus on acquiring bowlers to back Bumrah, with ₹45 crore left in the purse.
Trent Boult, released by Rajasthan Royals (RR), may rejoin MI. After becoming New Zealand's highest wicket-taker in the T20 World Cup, the 35-year-old Kiwi retired from international cricket. But he can still be lethal with the new ball. Jofra Archer, who let MI down by pulling out in the last IPL, is also back in the auction.
PUNJAB KINGS' TOTAL REVAMP
Second from bottom in IPL 2024, Punjab Kings (PBKS) junked their full roster, except for two uncapped players, Prabhsimran Singh and Shashank Singh. New coach Ricky Ponting, who parted ways with Delhi Capitals (DC), will have maximum leverage to form his team with ₹110.5 crore, the auction's fattest purse.
Bu hikaye Mint Mumbai dergisinin November 16, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Mint Mumbai dergisinin November 16, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
India in economic sweet spot, inflation to moderate: Moody's
India's economy is in a sweet spot and its inflation is expected to moderate despite a temporary spurt, Moody's said, projecting optimism about the country's growth prospects despite recent underwhelming data.
Incentive engine to drive modern ships
Subsidies for green, high-tech ships under ₹18,000 cr policy
Cement firms wage war on costs as competition soars
India's cement makers who once flexed their pricing muscles are caught in a bruising price war, eroding margins at a time of rising demand.
Saudi Arabia doesn’t have enough money for its futuristic city
The giant futuristic planned city of Neom is proving a headache for Saudi Arabia. Costs are up, schedules are delayed, and in recent days the world’s largest construction project replaced its chief executive of six years.
EV adoption is a marathon, not a sprint: Audi India
The slowdown in electric vehicle (EV) sales is temporary, and the industry will grow over time, Audi India head Balbir Singh Dhillon said, pointing to the need for extensive charging networks and supportive government policies.
India's trade gap with China soars in Apr-Oct
The country's green transition increases reliance on Chinese imports
14 nations eye India's generic drug model
Countries will specify their requirements, with HLL and MEA coordinating with them for the pharma exports
India urges $1.3 tn annual climate grant
Intervening on behalf of like-minded developing countries (LMDCs), India said that developed countries need to commit to provide and mobilise at least $1.3 trillion every year in the New Collective Quantified Goal (NCQG) till 2030.
Over 600 mn cyberattacks daily, AI can secure devices
Microsoft is developing a password-free authentication process to eliminate the risk of breaches
Small businesses ramping up cybersecurity, thanks to AI
Rising AI adoption is helping cybersecurity providers hike their marketable base in India