IPL auction 2021 live results: Glenn Maxwell, Jhye Richardson, Steve Smith sold, bids, start time, date, player list, Australians up for sale in Indian Premier League
Australian cricket stars Jhye Richardson and Glenn Maxwell fetched whopping bids of around $2.5 million each as clubs splashed out in a record-breaking Indian Premier League auction — but Steve Smith is taking a massive pay cut.
Smith was the first player to be sold as Thursday’s auction got off to a slow start, snapped up for a relative bargain by Ricky Ponting’s Delhi Capitals for 220 lakh ($A389,000); just above his reserve price. Smith was released by the Rajasthan Royals, who paid $2.5 million for their skipper last season, after a lean return in 2020.
Things heated up quickly as Maxwell then fetched a whopping 1425 lakh ($A2.52 million) from Royal Challengers Bangalore — skippered by Virat Kohli — after a bidding frenzy also involving the Chennai Super Kings. The 32-year-old fetched easily the biggest IPL bid of his career to top the $A1.9m Punjab Kings XI paid for him last season, when he managed just 108 runs in 13 matches and also failed to hit a single six.
Watch live coverage of the 2020/21 Marsh Sheffield Shield on Kayo. New to Kayo? Get your free trial now & start streaming instantly >
But the biggest Aussie sensation came with Maxwell’s figure was almost matched as Punjab Kings forked out 1400 lahk ($A2.48m) for Richardson.
There was plenty of pre-auction buzz about the 24-year-old after a stellar Big Bash League campaign for Perth Scorchers in which he had a league-leading 29 wickets an 152 dot balls – and the absence of fellow Aussie Mitchael Starc clearly helped bump up his value.
It continued a remarkable return for Richardson, who suffered a career-derailing dislocated shoulder two years ago.
Nathan Coulter-Nile was picked up by Mumbai Indians for ($A885,000) but Aussies Aaron Finch and Alex Carey — along with English Big Bash stars Alex Hales and Jason Roy — went unsold.
The bid to land Maxwell was the fifth biggest in IPL history but the overall record was smashed as Rajasthan Royals splashed out $A2.88 million for South African Chris Morris.
The auction featured 35 Australians looking for their slice of cricket’s most lucrative pie.
The slices come in all shapes and sizes; from teen spinner Tanveer Sangha, who is looking to win $A35,462, to Australia’s most expensive buys, Smith and Maxwell, reserve priced at $A354,577 each.
A total of 61 spots are left on the rosters of eight teams, but not all Australians will be lucky on the night with just 22 slots available to overseas players.
Follow the IPL auction in our live blog below!
A total of 11 Australians have already been retained by their IPL franchises, including Marcus Stoinis, Pat Cummins and Josh Hazlewood. Others were anxiously awaiting the result of the 292-player auction in Chennai, stating at 8.30pm (AEDT).
Smith and Maxwell set their value at the highest possible reserve price of INR 2 crore ($354,577), while four Australians — Alex Carey, Nathan Coulter-Nile, Jhye Richardson, Shaun Marsh — set their prices a rung below at $265,872.
Only Harbhajan Singh, Kedar Jadhav, Shakib Al Hasan, Moeen Ali, Sam Billings, Liam Plunkett, Jason Roy and Mark Wood have joined Smith and Maxwell by setting the highest possible reserve price.
While players can pocket a handy payday for less than two months of work, contracts are far less valuable than previous seasons.
After the last auction in December 2019, Maxwell, Smith, Warner and Cummins all had contracts worth more than $2 million.
HOW DOES IT WORK?
The eight IPL franchises have a cap of 85 crore (about $14 million AUD) to spend on a maximum of 25 players. Clubs can spend as much of their cap as they like on retaining players before the auction.
Sunrisers Hyderabad were the most active pre-auction, securing 22 players and fulfilling all but one of its eight overseas slots.
Royal Challengers Bangalore was the least active, re-signing just 14 players, while all other teams have at least six spots to fill.
Any players who weren’t retained by January 20 had the chance to nominate themselves for the auction. A total of 1,114 players did, although the auction list has been whittled down to 292 cricketers.
The players go up for sale in separate categories: Batsmen, bowlers, wicketkeepers and all-rounders.
A ‘right-to-match’ card has also been introduced, allowing franchises to price-match a player it had released. Each club, however, cannot have more than five retained players and price-matched players at one auction.
Get all the latest cricket news, highlights and analysis delivered straight to your inbox with Fox Sports Sportmail. Sign up now!!!
Glenn Maxwell — Royal Challengers Bangalore – 1425 lakh ($A2.52 million)
Jhye Richardson — Punjab Kings —1400 lahk ($A2.48m)
Nathan Coulter-Nile — Mubai Indians — $A885,000
Steve Smith — Delhi Capitals 220 lakh – $A389,000
MORE TO COME
REMAINING PURSES (before auction)
Chennai Super Kings — $4,057,498 — 22.9 crore — 1 o/s spot left
Kings XI Punjab — $9,426,152 — 53.2 crore — 5 o/s spots left
Rajasthan Royals — $6,174,838 — 34.85 crore — 3 o/s spots left
Sunrisers Hyderabad — $1,904,720 — 10.75 crore — 1 o/s spot left
Delhi Capitals — $1,594,650 — 9 crore — 2 o/s spots left
Kolkata Knight Riders — $1,922,439 — 10.85 crore — 2 o/s spots left
Royal Challengers Bangalore — $6,325,444 — 35.70 crore — 4 o/s spots left
Mumbai Indians — $2,719,764 —15.35 crore — 4 o/s spots left
Total purse: $34,125,505
1 Indian Rupee (₹) = 0.018 Australian dollars
1 lakh = ₹100,000
1 crore = 100 lakh = ₹10,000,000
AUSTRALIANS UP FOR SALE & RESULTS (total value: $4.4 million)
$354,577 — 200 lakh — Steve Smith, Glenn Maxwell
$265,872 — 150 lakh — Alex Carey, Nathan Coulter-Nile, Jhye Richardson, Shaun Marsh
$177,248 — 100 lakh — Aaron Finch, Moises Henriques, Marnus Labuschagne, Jason Behrendorff, Billy Stanlake, Matthew Wade
$132,936 — 75 lakh — Ben Cutting, Dan Christian, Hilton Cartwright, James Faulkner
$88,656 — 50 lakh — Ben McDermott, Sean Abbott, Joel Paris, Jack Wildermuth
$70,925 — 40 lakh — Riley Meredith, Brendan Doggett, Mark Steketee
$53,193 — 30 lakh — Ben Dwarshuis, Chris Green
$35,462 — 20 lakh — Wes Agar, Josh Inglis, Nathan Ellis, Tanveer Sangha, Max Bryant, Jake Weatherald, Matt Kelly, Tim David, Aaron Hardie, Nathan McAndrew
Josh Hazlewood — Chennai Super Kings
Marcus Stoinis — Delhi Capitals
Daniel Sams — Delhi Capitals (traded to RCB)
Pat Cummins — Kolkata Knight Riders
Chris Lynn — Mumbai Indians
Andrew Tye — Rajasthan Royals
Josh Philippe — Royal Challengers Bangalore
Adam Zampa — Royal Challengers Bangalore
Kane Richardson — Royal Challengers Bangalore
David Warner — Sunrisers Hyderabad
Mitch Marsh — Sunrisers Hyderabad