IPL 2011 Auction held on 8 Jan 2011 (the first day) is over and it has given some interesting results. Here is a short summary and analysis.
Presenting the teams in alphabetical order and as per the possible lineup with the players at the end of day one in each squad. The amounts for each player might not be exact, taking the conversion from dollar to rupee and thus is a close approximation.
* Have also added the results of the auction on 9 Jan 2011, the second day. The players bought today 9 Jan are not in bold and those bought yesterday are in bold. Now only the domestic uncapped players remain which will make up the bulk of the teams.
* Updating about the uncapped players as well. They are in italics.
* RETAINED PLAYERS SALARY-
*Also please note that according to IPL rules, for retaining one player, 1.8 million dollars or around 8.4 crores will be deducted from total team money allocated of 9 million $ or 41.4 crores, similarly for 2nd retained player, 1.3 million $ or 6 crore rupees, for 3rd retained player, 0.9 million $ or 4 crore Rs and for fourth retained player, 0.5 million $ or 2.33 crore Rs will be deducted. This however DOES NOT mean that it will be the actual salary of those players. It will be what is agreed upon by the owners and the players and this can be more or less than the deducted amount. Thus the auction might say Gambhir has the highest price but Sachin and Dhoni might still be the highest earning players!
