March 2015 \ Business & Investment \ BUSINESS

Prices skyrockets at the 8th season of Indian Premier League auction

Left-hand all-rounder Yuvraj Singh and wicketkeeper-batsman Dinesh Karthik were sold for big bucks in the Indian Premier League (IPL) auction held on February 16, 2015 ahead of the eighth season. Sri Lankan captain Angelo Mathews and Indian leg-spinner Amit Mishra also fetched big money in the auction. Yuvraj was picked up by Delhi Daredevils for a stupendous Rs.16 crore. Karthik was bought by Royal Challengers Bangalore (RCB) for a price of Rs.10.5 crore.

All-rounder Angelo Mathews, currently in World Cup duty where they lost their opening match against New Zealand Saturday, was picked up for a Rs.7.50 crore by Daredevils which also took in Amit Mishra (Rs.3.5 crore) and pacer Zaheer Khan (Rs.4 crore). New Zealand bowler Trent Boult was another big signing of the day, going for Rs.3.80 crore to Sunrisers Hyderabad, which also picked up England captain Eoin Morgan for Rs.1.50 crore. Sacked England batsman Kevin Pietersen was also snapped up by Hyderabad for Rs.2 crore while Australian batsman Aaron Finch, who scored a superb match-winning century against England in the World Cup Saturday, was bought by Mumbai Indians for Rs.3.2 crore.

Indian left-arm spinner Pragyan Ojha was also bought by Mumbai Indians for 50 lakh. Defending champions Kolkata Knight Riders (KKR) picked up veteran left-arm spinner Brad Hogg for Rs.50 lakh. Another experienced Australian Michael Hussy was snapped up by Chennai Super Kings (CSK) for Rs.1.50 crore. Former West Indies captain Darren Sammy went to RCB for Rs.2.8 crore. Rajasthan Royals, winners of the first edition of IPL in 2008, bought South African all-rounder Christopher Morris for Rs.1.40 crore. The auction process heated up when a bidding war between RCB and Delhi Daredevils saw Yuvraj’s price skyrocket.