What is IPL Auction Base Price? – Explained

In IPL auctions, players are bought and sold, and the one thing that determines their fate is the final bid. It is what defines how much money that person will get. But it is the base price that is the window to his career. It is at base price where the bidding for a player starts, and that’s why it perhaps makes or breaks IPL deals.

In this article, we will see closely look at IPL auction base price:

• What is the base price in IPL auction?
• Different IPL auction price slabs 
• What are the factors that determine the IPL Auction base price of a player?

What is IPL Auction Base Price?

As the name suggests, it is the minimum price for a particular player in the IPL auction. It is where the bidding for a player begins. A player could be bought for the base price, or a bidding war might see his final value get shot up by leaps and bounds.

What are Different IPL Auction Price Slabs?

The IPL auctions happen yearly, but the price slabs remain the same. Here are the various price slab in the IPL auction: 

1. ₹20 Lakh
2. ₹30 Lakh
3. ₹40 Lakh
4. ₹50 Lakh
5. ₹75 Lakh
6. ₹1 Crore
7. ₹1.5 Crore
8. ₹2 Crore

Factors Influencing IPL Auction Base Price

Players, the most impacted by the auction, decide their base price. Nonetheless, there are a few factors players and their managers consider before choosing the base price.  

Here are a few of them: 

Player Form: 

First and foremost, the current form decides their IPL auction base price. If the player is in red-hot form in domestic or international cricket, they keep a higher base price. If not, they would rather keep their base price at a bare minimum.

Role and expertise: 

Another major factor is a player’s role in the team. An all-rounder who is value for money may keep his base price higher than a young batter or bowler who doesn’t have much experience.

Popularity: 

The third and the most prominent factor is popularity, which basically boils down to his market value. If the player of the stature of Virat Kohli sets his IPL auction base price, then he will take all these factors into consideration. On the other hand, an unknown under-19 player can’t afford to quote a higher price.

IPL Auction Base Price Categories

While deciding the base price, a player needs to categorize himself first. In fact, the whole auction pool gets divided into four main categories:

1. Indian – capped player
2. Overseas – capped player
3. Indian – uncapped player
4. Overseas – uncapped player

A capped player is an international cricketer and can quote a higher base price where the ceiling is ₹2 crore. Meanwhile, an uncapped player is someone who is yet to represent his country in the international arena and put himself in the price slab of  his country ₹20 lakh and ₹30 lakh.

IPL 2023 Auction Base Price

The IPL 2023 auction saw many players sold well higher than their base price. Sam Curran, who had a base price of ₹2 crore, was bought by Punjab Kings for ₹18.5 crore, the highest sum paid by a franchise in the IPL franchise. 

We look at the highest bid received in each base price in IPL 2023 player auction: 

Players Likely to be in Highest Base Price at IPL 2024 Auction

A host of players could earn big cheques in the IPL 2024 auction. Players who have performed well in the 2023 World Cup, those prominent names released in the auction, and a few players returning to IPL after a while could earn more than their IPL 2024 auction base price: 

Here’s a list of players who could have a highest base price at the IPL 2024 auction:

• Rachin Ravindra
• Travis Head
• Mitchell Starc
• Wanindu Hasaranga
• Harry Brook 
• Gerald Coetzee
• Shardul Thakur
• Dilshan Madushanka
  
• Shahrukh Khan

Concluding Thoughts

The IPL auction base price may seem trivial in the whole extravaganza of IPL, but it is exciting. As we have seen above, the base price of a player depends on a few factors. After considering all these factors, the players decide what could be a good IPL auction base price for them.

FAQs about IPL Auction Base Price