09:53 Irfan Pathan goes unsold: Former India all-rounder Irfan Pathan with a base price of Rs. 50 lakh finds no buyers at the auction and he goes unsold.
09:52 Mathews sold to Delhi Daredevils for Rs. 2 crore: Sri Lanka all-rounder Angelo Mathews with a opening base price of Rs. 2 crore also finds no takers at the auction. But hold on, as Delhi Daredevils make a late entry just as the hammer was about to go down.
However, there are no other bids as Mathews is snapped up by Delhi for his base price of Rs. 2 crore.
09:50 Pawan Negi sold to RCB for Rs. 1 crore: The next set coming up is the set of all-rounders.
The first name up for grabs is Pawan Negi with a base price of Rs. 30 lakh. If you remember he went for a whopping 8.5 crore in the last year’s auction by Delhi Daredevils.
Rising Pune Supergiants open the bidding for the left-arm spinner followed by Gujarat Lions at Rs. 35 lakh as the bid soon rises up to 55 lakh.
Pune withdraw from the race as Gujarat snap up the player for Rs. 55 lakh.
Just as the hammer was going to go down, RCB made a late entry to raise the bid to Rs. 60 lakh sparking a flurry of bids with Gujarat not willing to give up.
Gujarat pull out as RCB up the bid to Rs. 80 lakh but Sunrisers Hyderabad make a late entry as the bid soon goes up to Rs. 1 crore.
He is the only second player to be sold at the auction so far.
09:44 Taylor and Saurabh Tiwary go unsold: New Zealand veteran batsman Ross Taylor with a base price of Rs. 50 lakh also finds no buyer as he also goes unsold.
Jharkhand batsman Saurabh Tiwary, who played for Rising Pune Supergiants in the last edition, with a base price of Rs. 30 lakh also goes unsold.
So only one player sold in the first set of specialist batsmen.
09:42 Hales and Roy remain unsold: Vidarbha batsman Faiz Fazal with a base price of Rs. 30 lakh goes unsold.
Remember all unsold players will have a chance again when they will be up for grabs again in the accelerated process later in the day.
England opener Alex Hales with a base price of Rs. 1 crore also finds no buyers and he goes unsold.
09:40 Eoin Morgan sold to Kings XI Punjab for 2 crore: Eoin Morgan has a base price of Rs. 2 crore as Kings XI Punjab open the bidding through their mentor Virender Sehwag.
That is the only bid and Morgan is the first player to be sold at this year’s auction.
But his England team mate dashing opener Jason Roy with a base price of Rs. 1 crore goes unsold.
09:35 We are all set to go as the auctioneer Richard Madely is about to kick off the player’s auction.
Ben Stokes
Eoin Morgan
Ishant Sharma
Chris Woakes
Angelo Mathews
Pat Cummins
Mitchell Johnson
09:10 Ishant, Stokes, Johnson among top names up for grabs: Welcome to the coverage of the players’ auction for the 10th edition of the Indian Premier League, in Bengaluru, on Monday.
All the eight franchises will be back on the bidding floor as they try and get the combinations right for this year’s tournament.
The last edition of the first 10-year cycle of the IPL, the 2017 edition has eight teams participating, including the Gujarat Lions and Rising Pune Super Giants.
Both these teams replaced the Rajasthan Royals and the Chennai Super Kings after the duo was suspended for two years on counts of spot fixing.
Being the last year of the current cycle, the 2017 auction could be the most muted so far.
The teams have played it safe and retained most of the Indian marquee players, including Mahendra Singh Dhoni (Pune), Virat Kohli (Bangalore), Gautam Gambhir (Kolkata), Rohit Sharma (Mumbai), Shikhar Dhawan (Hyderabad) and Yuvraj Singh (Hyderabad).
The total salary cap for each team this year is Rs 60 crore.
Most teams have used almost two-thirds of the individual purses in a bid to retain players.
Among the players released are Kevin Pietersen, Ishant Sharma, Mitchell Johnson, Dale Steyn, Morne Morkel, Corey Anderson, Pawan Negi, Eoin Morgan and Trent Boult, all of whom saw considerable bidding in the 2016 auction.
Source: Rediff