At every auction there are a few players, who are making a lot of money, bigger than what they had or anyone expected of them. There is demand and supply involved, the price also depends on what time the player arrives at auction and how much purse each team has left at that particular time. And obviously, the player’s past performance will determine the number of teams involved in the bidding wars.
In the recently concluded auction for the upcoming Indian Premier League (IPL) season, all of these factors were at play and more. But exchange rates also have a say, especially for countries like Australia, New Zealand, England, South Africa and the Caribbean, on how much of those wages will actually receive. players.
South African all-rounder Chris Morris became the most expensive cricketer in IPL auction history as the Rajasthan Royals offered the fast big pitcher a whopping INR 16.25 crore, which roughly equates to 32,828,282.8 Rand (1 Rand = 4.95 Rs), which means Morris will earn some 32.8 million Rand, which is a huge amount considering the country’s inflation rate.
Another Proteas player, which was auctioned off was young Marco Jansen. The 20-year-old left arm stimulator, which was chosen by the Mumbai Indians, was purchased by the reigning champions at its base price of INR 20 Lakh. Jansen will earn around 404k Rand depending on the exchange rate.
The Australians were the big winners in the mini-auction, as up to eight Down Under players were chosen by the franchises with a total of INR 53.2 crore spent. The largest of these was the multi-purpose explosive Glenn Maxwell. The 32-year-old all-rounder recorded an increase of INR 3.5 crore over his last IPL salary as RCB splurged by putting in INR 14.25 crore for the all-rounder. The amount is approximately A $ 2.52 million.
Likewise, fast Western Australian bowler Jhye Richardson, who comes from a fantastic Big Bash League (BBL) for the Perth Scorchers, went for INR 14 crore as the Punjab Kings grabbed the stimulator. Richardson will earn around $ 2.48 million. In addition to those two, Hobart Hurricanes uncapped pacemaker Riley Meredith, who opted for INR 8 crore (PBKS), will receive $ 1.42 million.
Apart from those millionaires, Nathan Coulter-Nile, who bought 8 crore INR last year, was freed by the Indians of Mumbai and then bought back at 5 crore, which equates to around $ 885,000 in Australia.
The man with a significant drop in his salary was Australian star player Steve Smith. Smith, who was the only player to be retained in 2018 by the Royals, was earning INR 12.5 crore until 2020, after which he was released by the franchise, which is worth $ 2.2 million in Australia. Now this season the Sydney-born player has been bought out by the Delhi Capitals for INR 2.2 crore, a drop of 81.67% in his salary. Smith will receive $ 390,000 for the 2021 season.
Their neighbors, the Kiwis too, had a great payday at the office. The 26-year-old Kyle Jamieson, 6ft 8in tall, was the tallest of them, being picked by RCB for a whopping INR 15 crore. Jamieson, who himself had no idea how much that amount translates into New Zealand dollars, will be.With Jamieson his fast bowling mate Adam Milne also received a decent paycheck as the pacemaker returned to the Indians of Mumbai for the 2021 season.
Milne was sold for 3.2 crore INR, which is equivalent to around $ 604,000 in New Zealand. Jimmy Neesham, who was picked by the Kings XI Punjab last year at a cost of INR 50 Lakh, went for the same prize, this time with the Mumbai Indians. The versatile will earn $ 95,000 in their local currency.
English players also got an excellent salary in terms of the amounts and number of players selected at the auction. Up to five English players were purchased by the teams for a total amount of INR 16.5 crore. The biggest winner of all was versatile Moeen Ali, who was picked by the Chennai Super Kings for INR 7 crore.
The amount translates to approximately 688.3k GBP, or about 7 Lakh pounds. Tom Curran, was also a big winner at the auction after being picked by the Delhi capitals for INR 5.25 crore. Multi-purpose bowling will earn around 516.2k GBP.
Likewise, Sam Billings (2 crore), Dawid Malan (1.5 crore) and Liam Livingstone (75 Lakh) will earn 197k, 148k and 74k GBP respectively.