Not once in the previous 16 Indian Premier League (IPL) player auctions had a bid breached the ₹20 crore mark. In fact, the auction purse for each team at the start of the IPL in 2008 was ₹20 crore.
On Tuesday, the barrier was broken, not just once but twice. Australia’s World Cup-winning pace duo of Mitchell Starc and captain Pat Cummins shattered all records, emerging as the biggest beneficiaries.
While Cummins became the first to overhaul the ₹20 crore barrier, when the Sunrisers Hyderabad outbid the Royal Challengers Bangalore to sign Cummins for a whopping ₹20.50 crore.
Minutes later, in a face-off between Kolkata Knight Riders and Gujarat Titans, Starc emerged as the most expensive player ever in IPL with KKR bagging him for a massive ₹24.75 crore.
When the bidding for Starc — slotted in the fourth set of the auction at the Coca Cola Arena here — began, both KKR and GT had more than ₹31 crore in their kitty. It was a given that the franchises will loosen their purse to have the prized catch.
Also read: IPL 2024 auction LIVE
Mumbai Indians and Delhi Capitals started the bidding war before handing it over to the two key contenders around the ₹10 crore mark. Then on, the next eight minutes saw mayhem and a plethora of oohs and aahs from the audience — the first such instance of a live audience at an IPL auction — before KKR had the last laugh.
Chennai Super Kings signed New Zealand sensation Daryl Mitchell for ₹14 crore. The defending champion also had another Kiwi addition to its roster in promising all-rounder Rachin Ravindra (₹1.80 crore).
Mumbai Indians benefited from Gerald Coetzee’s (₹5 crore) name cropping up before Starc and Cummins as it added the young South African to its squad for a reasonable price. It also enabled them to go for another overseas pacer in Sri Lanka’s Dilshan Madushanka (₹4.60 crore) despite entering the auction with a limited purse.
Besides Cummins, Sunrisers also added Australia’s on-song opener Travis Head (₹6.80 crore) while Rajasthan Royals spent more than half of its auction purse on West Indies’ power-hitter Rovman Powell (₹7.40 crore) who was the first player to be offered by auctioneer Mallika Sagar.
Among Indian cricketers, Harshal Patel (₹11.75 crore) emerged as the most expensive signing, with Punjab Kings welcoming the effective death bowler with open arms.
It wasn’t just the international stars that benefited from the Moneyball. More than a dozen domestic cricketers joined the crorepati club, with Sameer Rizvi (₹8.40 crore), a young big-hitter from Uttar Pradesh, leading the pack.
Chennai Super Kings got hold of Rizvi after a fierce bidding war that also involved GT and Delhi Capitals. Kumar Kushagra (₹7.20 crore), the Jharkhand wicketkeeper-batter, went to Capitals while Tamil Nadu’s Shahrukh Khan (₹7.40 crore) did not lose out on too much money despite being released by Punjab Kings ahead of the auction. The Kings’ bid for price correction backfired on it as it lost the game of paddles to Gujarat Titans, with Titans walking away with the burly hitter.