Big money as Saudi Arabia makes foray into cricket with IPL auction

Published: 09:30 AM, 23 Nov, 2024
Big money as Saudi Arabia makes foray into cricket with IPL auction
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Saudi Arabia hosts this year's Indian Premier League player auction in a partnership between a money-spinning cricket tournament expanding its global reach and a kingdom using sports to improve its image.

De facto ruler Crown Prince Mohammed bin Salman has backed extravagant sports investments -- set to culminate in Saudi Arabia hosting the football World Cup in 2034 -- to diversify its oil-rich economy.

Critics point to Saudi Arabia's human rights record and the murder of journalist Jamal Khashoggi in the Saudi consulate in Istanbul in 2018, accusing the kingdom of "sports-washing".

The two-day auction beginning Sunday in Jeddah is the first cricketing event of this stature to be hosted in Saudi Arabia, a country with an under-served fanbase for the sport among millions of South Asian migrant workers.

Saudi cricket federation chairman Prince Saud bin Mishal said that staging the auction reflected the kingdom's "commitment to developing the sport and showcasing its position as a global destination for sporting events".

Saudi Arabia's big spending on sporting events had helped "to promote the narrative of a changing kingdom", Rice University's Kristian Coates Ulrichsen told AFP.

"To the extent that there is now a buzz associated with Saudi Arabia in football and in boxing, the spending has succeeded in changing the subject," he added.

Saudi Arabia has in recent years recruited top footballers including Cristiano Ronaldo and Neymar into its league while hosting world championship boxing, Formula One racing, tennis and golf.

Visit Saudi, the state tourism arm, and state-owned energy giant Saudi Aramco have both been IPL sponsors.

Cricket already has a fanbase in the kingdom among expatriate workers.

Non-Saudi nationals account for more than 13 million of Saudi Arabia's 32.2 million people, over 40 percent of whom hail from cricket-mad India, Pakistan and Bangladesh, according to the 2022 census.

The kingdom's cricket federation is also trying to boost the sport's popularity among Saudis and has launched a programme to introduce it in schools.

"There is a general perception that it's a street game," Kabir Khan, the federation's head coach, told English-language daily Arab News in August.

"We need to change that perception."

- Expanding horizons -

The Board of Control for Cricket in India (BCCI) is not required to regularly publish its finances and details of the agreement for Jeddah to host the auction have not been released.

But the IPL has generated billions in revenue since its inception in 2008, turning the BCCI into one of the richest governing bodies in sport.

Two years ago it sold the broadcast rights for five IPL seasons to global media giants for $6.2 billion.

Its player auctions are watched by millions eager to see which of the sport's top stars will make their teams and the BCCI has sought to broaden the tournament's profile by staging the spectacle abroad.

Last year's auction was held in Dubai, a regular host for international cricket tournaments and which also has a large base of prospective fans among its migrant worker population.

Veteran Indian cricket journalist Ayaz Memon told AFP that holding this year's auction in Saudi Arabia benefitted both the kingdom and the board.

"Saudi authorities have been very keen on promoting sports in their own country... and you get to expand the horizons of the IPL in the sense of creating more awareness for the sport."

- Record-breakers -

A total of 574 players are up for grabs this year with Indian wicketkeeper Rishabh Pant, England veteran James Anderson and New Zealand all-rounder Rachin Ravindra among the top names in contention.

Australian pacer Mitchell Starc smashed auction records last time when he signed with Kolkata Knight Riders for $2.98 million.

An incremental rise in the tournament's salary cap means his price is likely to be eclipsed in the coming days.

"Just as always you will find certain players breaking records," media analyst Karan Taurani of Mumbai-based advisory firm Elara Capital told AFP.

For all the big names, Taurani said many cricketers on the auction list were promising youngsters at the start of their career and signing an IPL contract was their first shot at a big payday.

"There are not too many players who have got more than two to three years of international experience," he said. "Those players will see a big jump in terms of compensation."

Dates for next year's IPL have not been released but seasons usually run from March to May.

Anderson to Starc: Five up for grabs 

Some of the world's top cricketers will be among 574 players seeking an Indian Premier League payday when the lucrative T20 tournament begins its annual auction on Sunday.

AFP Sport looks at five stars up for grabs during the two-day bidding frenzy in Jeddah, Saudi Arabia.

The season is likely to start in March.

- James Anderson (England) -

The England Test great wants to add a final chapter to his storied career and is seeking an IPL berth for the first time, entering the auction at a base price of $148,115.

The 42-year-old fast bowler retired from Tests earlier this year after 704 wickets, the third-highest in five-day history after Sri Lanka's Muttiah Muralitharan and Australian spin king Shane Warne.

He has limited experience in 20-over matches, playing 19 internationals for England with his last 15 years ago.

But Anderson has said he isn't ready to call time on his career, prompting West Indies great Viv Richards to liken his longevity to LeBron James.

- Mitchell Starc (Australia) -

The 34-year-old smashed the IPL auction record last year when Kolkata Knight Riders netted his services for $2.98 million.

The left-arm quick and handy lower-order slugger was instrumental in their run to the title, including taking 2-14 in the final against Sunrisers Hyderabad.

Kolkata nevertheless opted not to retain him. "It is what it is, that's franchise cricket," Starc said.

With 193 wickets in 142 T20 matches, the imposing Starc -- he is 1.96 metres (6 feet 4 inches) tall -- enters the auction at the top base price bracket of $237,000.

- Rishabh Pant (India) -

Pant, 27, was forced out of competitive cricket for more than a year after a serious car crash in December 2022 but returned to captain the Delhi Capitals this year.

India's top wicketkeeper-batsman and the franchise parted ways after their disappointing sixth-placed finish and Pant will also enter the auction at a $237,000 base price.

With his sharp glovework and knack of taking on bowlers with attacking and unconventional batting, pundits believe he is in the running to secure a record payday.

"Mitchell Starc's auction record is in danger," former India quick Irfan Pathan said on social media.

- David Miller (South Africa) -

Known as "Killer Miller" for his destructive batting, the South African has a T20 international strike rate of close to 140.

The 35-year-old is also looking for a new home after playing with Gujarat Titans since the team's inception in 2022, smashing 210 runs in nine matches in this year's season.

India's dismissal of Miller in this year's T20 World Cup final in Barbados was a key moment in the match and the Proteas went on to lose.

He is likely to set off a bidding war after registering for the auction at a base price of $178,000.

- Rachin Ravindra (New Zealand) -

Ravindra made an instant impact in his IPL debut this year, smashing 222 runs at a punishing strike rate above 161 for Chennai Super Kings.

The left-hander's ability to play spin with aplomb on subcontinent pitches saw him fare well during last year's ODI World Cup and in New Zealand's recent 3-0 Test whitewash in India.

The Wellington-born Ravindra's parents hail from Bengaluru and hopes abound there that he will join the city's franchise, which also features fan favourite Virat Kohli.

The 25-year-old's first name reflects his father's love of India's cricket greats -- "Ra" from Rahul Dravid and "chin" from Sachin Tendulkar.

Ravindra enters the auction at a $178,000 base price.