Shock winnerIn Chennai, Glen Maxwell was a shock winner, his staggering million-dollar pay cheque a huge surprise considering he was released from the IPL only a few months back.
Teams have learnt from experience that big names can be big failures and a colossal waste of money. Which is why the subdued interest and single bids for Ponting and Clarke and some top names getting passed over without attracting a bid.
Central to the auction strategy of teams is the learning that it does not pay to splurge on player salaries and beyond a point any investment on securing a player, however celebrated, does not yield an economic return. After 5 IPLs, cricket gurus have realised financial profitability of the franchise depends on controlling player cost - if that shoots up, the balance sheet will only refelect red.
Fundamental truthGiven this fundamental truth the focus is on value picks, the trick is to find smart cricketers who have the potential and skills to perform in the pressure cooker environment of T20 cricket.
In a high-intensity game, with millions at stake, technique or looking pretty counts for nothing - the only yardstick is performance.