The IPL 2024 auction unfolded as a spectacle of unprecedented proportions, leaving cricket enthusiasts and pundits alike in awe. The bidding war that ensued was not just high-stakes but historic, rewriting the records for the highest bids in the illustrious history of IPL.
IPL 2024 auction extravaganza: A staggering surge in player valuations
The auction unfolded with a remarkable surge in player valuations, catapulting the bidding process into uncharted financial territories. Franchises engaged in an intense bidding wrestle for cricketing talent, and the stakes were nothing short of astronomical.
From seasoned international stars to emerging talents, many players became coveted assets, commanding eye-watering sums that reflected the fierce competition and the ever-increasing value placed on cricketing prowess in the world’s premier T20 league.
Six players on whom the franchises over-spend in IPL 2024 auction:
1. Mitchell Starc – 24.75 Crore (KKR):
The colossal bid of 24.75 crore for Mitchell Starc by Kolkata Knight Riders raised eyebrows. Notably, this marked the most expensive acquisition in IPL history. The pacer, absent from the IPL for eight years, showcased an average run with the ball despite Australia‘s ODI World Cup triumph in 2023. The excessive amount paid for his services appeared disproportionate to his recent performances.
2. Pat Cummins – 20.50 Crore (SRH):
Securing the second-highest bid at 20.50 crore, Aussie skipper Pat Cummins became a talking point. Despite the all-rounder’s commendable skills in ODIs and Tests, his fit within the fast-paced dynamics of the IPL seemed questionable. The substantial investment in him stirred discussions about the value proposition for the Sunrisers Hyderabad.
3. Alzarri Joseph – 11.75 Crore (RCB):
The most expensive Caribbean player in the IPL 2024 auction, Alzarri Joseph, was acquired by Royal Challengers Bangalore for 11.75 crore. However, his dismal performance in IPL 2023, bagging only seven wickets with an economy of 9.38, seemed quite irrational with the high price tag associated with his name.
4. Spencer Johnson – 10 Crore (GT):
Gujarat Titans spent a hefty ten crore on Australian bowler Spencer Johnson. Despite featuring ordinary stats and having no experience of playing on Indian soil, Johnson became a subject of discussion as an overpriced commodity in the IPL auction, raising questions about the valuation process.
5. Harshal Patel – 11.75 Crore (PBKS):
Punjab Kings secured Harshal Patel for a whopping 11.75 crore, making him the most expensive Indian player in the auction. However, analyzing his recent domestic performances and the previous IPL season, where he maintained an economy of 9.66, the bid for Harshal appeared quite higher.
Also READ: Best playing XI of unsold players from IPL 2024 auction
6. Sameer Rizvi – 8.40 Crore (CSK):
Chennai Super Kings grabbed the uncapped Indian player Sameer Rizvi for 8.40 crore. Despite Rizvi boasting an impressive batting average of 49.16 in domestic T20s, his lack of experience in top-tier cricket and the highly competitive IPL raised questions about the thought behind the sizable bid.