Stokes - who a year ago cost Rising Pune Supergiant £1.7 million - was the star player last season, earning the Player of the Tournament award in his debut IPL after helping Pune reach the final, which they lost to Mumbai Indians.
The eight franchises in the vivo Indian Premier League (IPL) will be putting their best bids forward in perhaps the biggest auction in the tournament. "If not required for England duty as outlined above, the Player will have full availability for IPL 2018 through to 27th May 2018".
BCCI has been paying 10 percent of an overseas player's annual fee to his home board from the beginning of the IPL. And as things stand, Kings XI Punjab and Rajasthan Royals have the most left in their purse with Rs 67.5 crore each, followed by Kolkata Knight Riders with Rs 59 crore, Royal Challengers Bangalore with Rs 49 crore and lastly Mumbai Indians, Delhi Daredevils and Cennai Super Kings are with Rs 47 crore each.
How does the IPL season work?
Owners, coaches (including Stephen Fleming of Chennai Super Kings and Daniel Vettori of Royal Challengers Bangalore), analysts, chief executives and others sit around tables and raise their paddle to bid for each player as the auctioneer rattles through. At the end of the double round-robin group stage the top four teams will qualify for the play-offs. He was one of the most sought after players to be auctioned this season. It was only on the day of the auction, I had a few butterflies in my tummy. Ashwin being a local lad. we want a lot of local players in the side.
The 22-year-old all-rounder has had a decent stint for Hobart Hurricanes in the Big Bash and plays first-class cricket for Sussex in England.
Who are the players retained by each franchise? Gambhir, who's the fourth-highest run-getter in IPL and victor of two championship titles, makes a move from KKR to DD at a steal-worthy price. A maximum of eight overseas players can be picked in the squad.
The slabs for internationals (Indian and foreign) are ₹2 crore, ₹1.5 crore, ₹1 crore, ₹75 lakh and ₹50 lakh, while uncapped players are base-priced at ₹40 lakh, ₹30 lakh and ₹20 lakh.
Each team was given a fixed budget of 80 crore rupees or about £9 million before the start of the retention.
Delhi Daredevils: 47 crore rupees (£5.2m).
Kings XI Punjab: 67.5 crore rupees (£7.4m).
Pandey joins Rahul and Karun Nair in the list of expensive Indian batsmen. Stokes took the world by storm after he was purchased for a record 14.5 crore by the now defunct Rising Pune Supergiant (RPS) in the IPL 2017 auction. England all-rounder batsmen Chris Woakes sold for Rs 7.40. "Prithvi Shaw has only just turned 18, but already has more cricket experience than many aspiring young players will have in their whole career", said a recent ICC tweet. However, various franchises have said he is a "good" player and will be a part of their auction strategy.
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