Indian Premier League (IPL) an opportunity for every talented youngster in Cricket to get recognition and a chance to represent the National Team someday. An experience for every rising cricketer to play with role model senior players. A dream of young cricketers to share and work in a team whom the cricket legends belong too. IPL who
made a few cricketer’s dream comes true like Ricky Ponting, Shaun Pollack who really wanted to play with Master Blaster Sachin Tendulkar. Currently going on is the 9th season of Indian Premier League founded by BCCI. IPL has grown up so rapidly in past 8 years. IPL had started its first season in 2007 with the help and sponsorship by DLF Group. The IPL had made so many changes in the rules and policies in every season.

Today we will discuss few important points that happened in the IPL 2016 and its Auction. Very firstly the major change this year happened was the lead sponsor. This time the IPL 2016’s title sponsor has been VIVO. Not only sponsors but the teams also changed this time. Chennai Super Kings & Rajasthan Royals got banned for next two seasons. But the good news is that, there are two new teams that have been introduced in the Auction 2016. Those are 1) Rising Pune Supergiants & 2) Gujarat Lions.

List of respective team owners, this time there are a few names that we did not know:

  • Mumbai Indians: Mrs. Neeta Ambani
  • Kolkata Night Riders: Mr. Shahrukh Khan and Mr. Jay Mehta (Equally Important Partner who is also Juhi Chawla’s husband)
  • Kings XI Punjab: Ms. Preity Zinta and Ness Wadia and Co owner is Mr. Karan Paul (Chairman of Apeejay Surrendra Group) and Mohit Burman of Dabur
  • Delhi Daredevils: Owned by GMR Group and the corporation is owned by Mr. G.M. Rao
  • Rising Pune Supergiants: Mr. Sanjeev Goenka
  • Gujarat Lions: Mr. Keshav Bansal (Intex Technologies)
  • Sunrisers Hydrabad : Kalanithi Maran (Sun TV Network)
  • Royal Challengers Bangalore: Royal Challengers Sports Pvt Ltd.

Above I have mentioned few names and the companies who owns the respective teams. Let’s move to the next section: IPL Auction. Many of us don’t know the process of auction here I am with the process

  • IPL team owners are provided with a budget with the cap limit. Last year (2015) the cap limit was 63 Crore. This means that the team owners have to have buy all the players in their team within this 63 Crore only. But this time the total of cap limit was increased by 5% and the grand total became 66 Crore. The franchises bidding from a pool of 351 cricketers including 230 Indian cricketers and 121 overseas cricketers.
  • Out of these 351 players: 131 are capped players which include 26 from India, 28 - Australia, 5 - Bangladesh, 7 - England, 9 - New Zealand, 18 - South Africa, 16 - Sri Lanka and 20 from West Indies.
    And 220 uncapped Players from which 204 from India, 9 from Australia, 1 - New Zealand, 2 - South Africa, 3 - West Indies, 1 - Canada and 1 from Ireland.
  • Total players retained by the franchises is 101 which include 37 overseas players.
  • Total players Retained by the teams and amount spent on them

Name of the team

Total No of players Retained

Amount Spent

Mumbai Indians

19

51,59,50,000

Delhi daredevils

14

28,85,00,000

Kings XI Punjab

14

43,00,00,000

Kolkata Night Riders

15

48,05,00,000

Royal Challengers Bangalore

14

44,37,50,000

Sunrisers Hyderabad

15

35,85,00,000

Rising Pune Supergiants

5

39,00,00,000

Gujarat Lions

5

39,00,00,000

 

Here I have mentioned some important facts about team wise auction on Indian and overseas players in the second season of IPL that is 2008 the franchises spent 47% of overall amount on Indian players and 53% they have spent on overseas players. But gradually the percentage gets decreased for overseas players such as in the year 2011 franchises spend average of 65% on the Indian cricketers and 45 % on overseas players.

This time also the ball is in India’s court apart from the retained players the franchises have paid an good amount to the Indian cricketers. Expect Royal challengers Bangalore have paid more to the overseas players than Indian. Franchises have spent around Average of 10% of the total amount on Overseas players and average of 15% of the total amount on the Indians Players.

Overall these were a few insights about the IPL auction 2016. Thank you for reading this article. Stay tuned for further updates in such articles and comment below your views and suggestions. We will be glad to hear from our visitors.
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