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Thread: 2013 IPL Auction Analysis

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    Default 2013 IPL Auction Analysis

    With the 2014 IPL Auction excitement in the air, let us take a look at some interesting analyses of last couple of years' auction data. How much did each team spend on its top players? Did their performance yield results proportionate to the prices paid for them? Here's the data story ...

    Snapshot of Auction Price for IPL Players
    The map below captures the money paid (including retentions) for the top 7 players in each team during the last IPL season. Rectangles are sized according to the auction money. Colours represent the different teams.

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    KKR and MI spent the highest for auctioning the top 7 players for their team (8,175,000 USD and 7,800,000 USD respectively). This money is at least 2.5 times higher than the money spent for buying the top 7 players in RR team (3,425,000 USD). Here's a snapshot view of the total money spent by each team.
    KKR $8,175,000
    MI $7,800,000
    RCB $7,610,000
    DD $7,025,000
    PWI $6,830,000
    CSK $5,975,000
    SRH $5,175,000
    KXIP $4,700,000
    RR $3,425,000
    For details of money paid for the top 7 players in each team is please refer to the Table 1 at the bottom of the page.
    Tired of finishing in the lower half of the table, Kolkata Knight Riders went on a major offensive in the 2011 Player's Auction and invested heavily in the likes of Gautam Gambhir (2.4 million USD), Yusuf Pathan (2.1 million USD) and Jacques Kallis (1.1 million USD) as some of their major players. Their investments paid rich dividends as the Shah Rukh Khan-owned outfit went on to win the Indian Premier League title a year later, in 2012.
    Auction Price compared with IPL Batsman performance
    The chart below shows the performance of a batsman vis-a-vis the auction money paid for him. We define the performance of a batsman as the product of Strike Rate x Average Runs. Each color represents a team and the size of a circle represents his performance (bigger circles represent better performance)

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    The Lone Ranger Lieutenant General rishabhd's Avatar
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    For details of money paid for the top 7 players in each team vis-a-vis their performance please refer to the Table 2 at the bottom of the page.
    Here you can see there are players like Gayle and Hussey who are auctioned for less money but show superior performance, whereas players like Gambir, Uthappa, Sehwag who are auctioned for much larger sums of money show relatively less impressive performance. Some teams like CSK, RCB and RR seem to be picking good performing batsmen for a relatively cheaper price, whereas teams like PWI, MI seem to pick mediocre batsmen for a mega price.
    Chris Gayle is one of the most amazing stories in IPL. Unbelievable as it may seem, Gayle went unsold in the 2011 Players Auction before Royal Challengers Bangalore got him as a replacement player for Dirk Nannes, who cost them 650,000 USD.
    Gayle took the T20 tournament by storm, hitting 608 runs in 12 matches at an average of 67 with two centuries and two fifties. In the 2013 edition of the IPL, the tall West Indian smashed a world record 175 not out from 65 balls against Pune Warriors, hitting 17 sixes and 13 fours and getting to his century from a mere 30 balls in the process.
    Little-known David Miller came in very cheap for Kings XI Punjab as he was retained for $100,000 in 2012 but made a major impact last year with his superlative work with the bat. The South African left-hander was Punjab's highest run scorer in the IPL last year with a tally of 418 runs, which also included a 38-ball century against Royal Challengers Bangalore, the third fastest of the tournament.
    Australian Mike Hussey is another big IPL hit because of his consistent performances with the bat for Chennai Super Kings. He was purchased by CSK for 425,000 USD in 2011 and the veteran batsman has been worth every penny, scoring 1,691 runs in 46 matches at an average of 44 in the five seasons of IPL he has featured in so far.
    The now-defunct Pune Warriors paid a massive 2.1 million USD for the services of Robin Uthappa in 2011 but he failed to justify his price tag. He made 264 runs at an average of 26 in 2011, 405 runs at 27 in 2012 and 434 runs at 21.12 last year in a below-par performance by his standards. The performance was disproportionate to the huge price paid for him by his franchise owners.
    Virender Sehwag is also another player who has struggled to establish himself in the T20 format and averages a modest 29 in his six seasons, for Delhi Daredevils.
    Chennai Super Kings retained most of their top players before the 2011 Auctions and didn't have to spend much at the auctions. But on the other hand, Mumbai Indians invested heavily to get the likes of Rohit Sharma (2 million USD), Andrew Symonds (850,000 USD) and Munaf Patel (700,000 USD). Similarly, Kolkata Knight Riders splurged a lot to get their hands on top international players like Gautam Gambhir (2.4 million USD), Yusuf Pathan (2.1 million USD) and Jacques Kallis (1.1 million USD).

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    Table 1
    MumbaiIndians
    RohitSharma $2million
    SachinTendulkar $1.8million
    KieronPollard $0.9 million
    GlennMaxwell $1million
    HarbhajanSingh $1.3million
    MitchellJohnson $300,000
    LasithMalinga $0.5 million
    ChennaiSuper Kings
    MahendraSingh Dhoni $1.8million
    SureshRaina $1.3million
    AlbieMorkel $0.5 million
    MuraliVijay $0.9 million
    RavindraJadeja $2million
    MikeHussey $425,000
    RavichandranAshwin $850,000
    KolkataKnight Riders
    GautamGambhir $2.4million
    YusufPathan $2.1million
    JacquesKallis $1.1million
    SunilNarine $700,000
    BrendonMcCullum $900,000
    EoinMorgan $350,000
    SachithraSenanayake $625,000
    RoyalChallengers Bangalore
    ViratKohli $1.8million
    ChrisGayle $560,000
    ABde Villiers $1.1million
    SaurabhTiwary $1.6million
    RVinay Kumar $1million
    TillakaratneDilshan $650,000
    ZaheerKhan $900,000
    DelhiDaredevils
    VirenderSehwag $1.8million
    DavidWarner $750,000
    MahelaJayawardene $1.4million
    IrfanPathan $1.9million
    UmeshYadav $750,000
    MorneMorkel $475,000
    AndreRussell $450,000
    KingsXI Punjab
    DavidMiller $100,000
    DavidHussey $1.4million
    PiyushChawla $900,000
    AdamGilchrist $900,000
    AzharMahmood $200,000
    PraveenKumar $800,000
    ShaunMarsh $400,000
    RajasthanRoyals
    BradHodge $475,000
    SSreesanth $400,000
    ShaneWatson $1.3million
    RahulDravid $500,000
    KevonCooper $50,000
    ShaunTait $300,000
    JamesFaulkner $400,000
    SunrisersHyderabad
    ShikharDhawan $300,000
    DaleSteyn $1.2million
    ThisaraPerera $675,000
    CameronWhite $1.1million
    KumarSangakkara $700,000
    IshantSharma $450,000
    ParthivPatel $650,000
    PuneWarriors India
    RobinUthappa $2.1million
    YuvrajSingh $1.8million
    AbhishekNayar $675,000
    AjanthaMendis $725,000
    MitchellMarsh $290,000
    AngeloMathews $950,000
    MitchellMarsh $290,000

    Wo Acha Hay Tou Behtar, Bura Hay Tou Bhi Qabool
    Mizaaj-E-Ishq Mein Aib-O-Hunar Dekhe Nahi Jatay...!!!


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    Table 2
    Player
    Price
    Avg x SR
    RG Sharma $2,000,000 5055.08
    SR Tendulkar $1,800,000 2743.22
    KA Pollard $900,000 6277.74
    GJ Maxwell $1,000,000 2399.94
    MS Dhoni $1,800,000 6827.14
    SK Raina $1,300,000 6328.40
    JA Morkel $500,000 1905.83
    M Vijay $900,000 2431.62
    RA Jadeja $2,000,000 3741.61
    MEK Hussey $425,000 6781.14
    G Gambhir $2,400,000 3004.23
    YK Pathan $2,100,000 4174.80
    JH Kallis $1,100,000 2002.10
    BB McCullum $900,000 514.26
    EJG Morgan $350,000 3570.25
    V Kohli $1,800,000 6283.08
    CH Gayle $650,000 9221.11
    AB de Villiers $1,100,000 5917.68
    SS Tiwary $1,600,000 2802.12
    TM Dilshan $650,000 1242.14
    TM Dilshan $650,000 1242.14
    V Sehwag $1,800,000 3112.07
    DA Warner $750,000 4003.37
    DPMD Jayawardene $1,400,000 2333.90
    AD Russell $450,000 432.14
    DA Miller $100,000 9826.47
    DJ Hussey $1,400,000 2642.34
    AC Gilchrist $900,000 3145.31
    Azhar Mahmood $200,000 2494.49
    SE Marsh $400,000 4518.00
    BJ Hodge $475,000 5625.98
    SR Watson $1,300,000 5542.70
    R Dravid $500,000 3262.54
    K Cooper $50,000 1728.38
    S Dhawan $300,000 4779.13
    NLTC Perera $675,000 3330.50
    CL White $1,100,000 1906.10
    KC Sangakkara $700,000 1176.24
    PA Patel $650,000 2607.86
    RV Uthappa $2,100,000 3173.67
    Yuvraj Singh $1,800,000 2483.91
    AM Nayar $675,000 994.51
    MR Marsh $290,000 2641.60

    Wo Acha Hay Tou Behtar, Bura Hay Tou Bhi Qabool
    Mizaaj-E-Ishq Mein Aib-O-Hunar Dekhe Nahi Jatay...!!!


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