Home > News >

IPL 7: Agent Tony Connelly opens lid on price inflation during auctions

David Warner signed up for Sunrisers Hyderabad for a whopping amount © Getty Images
David Warner was snapped by Sunrisers Hyderabad for 982,000 dollars  © PTI

Sydney: Feb 20, 2014

An Indian Premier League (IPL) player agent has reportedly revealed that one of the biggest secrets to making his players a fortune at the IPL auction is starting his players on a low base price, thereby providing the best chance of franchises starting a bidding war and greatly inflating their price.

IPL kingmaker Tony Connelly manages Glenn Maxwell, who has been sold for plus-one million dollars, along with other IPL-bound Australian players including David Warner and Nathan Coulter-Nile.

According to News.com.au, Connelly, who travels to India several times a year to talk up his clients and stays in regular contact with cashed-up franchises, insisted that the IPL auction is not a lucky dip and said that players should be ‘started low’ and then ‘watch them go’. The report mentioned that Maxwell (sold for 1.07 million dollars to Kings XI Punjab), Warner (982,000 dollars to Sunrisers Hyderabad) and Coulter-Nile (760,000 dollars to Delhi Daredevils) all had wage increases from the year before after starting at reduced base rates.

Connelly also said that it is not important for a player to get preoccupied with starting at a high base rate, adding that the IPL auction is like a property one, where one needs bidders to get the ball rolling.

Connelly has revealed that limited-overs all-rounder Maxwell could have signed a 200,000-dollar retention deal offered by Delhi but took a calculated risk to go to auction and ended up with one million dollars from Mumbai.

Connelly further said that the process behind selling a player to an IPL franchise is far more comprehensive than just listing a name for auction, adding that it is about having networks and relationships, understanding how different franchises think and how a player might fit in culturally. Sports agents in Australia generally take a cut of player contracts in the region of 4-7.5 per cent, the report added.

Read all stories of IPL 2014 Auction here

India tour of Australia 2014, Practice matches

Nov 24, 2014 (05:29 IST)   at Glenelg, Adelaide

Pakistan vs New Zealand in UAE, 2014

Nov 26, 2014 (11:30 IST)   at Sharjah

India tour of Australia 2014, Practice matches

Nov 28, 2014 (05:29 IST)   at Adelaide

England tour of Sri Lanka, 2014

Nov 29, 2014 (10:00 IST)   at Colombo

Deodhar Trophy, 2014-15

Nov 29, 2014 (14:30 IST)   at TBC


Afghanistan tour of UAE, 2014

Nov 28, 2014  at Dubai

United Arab Emirates won by 5 wkts

Zimbabwe tour of Bangladesh, 2014

Nov 28, 2014  at Dhaka

Bangladesh won by 21 runs

Zimbabwe tour of Bangladesh, 2014

Nov 26, 2014  at Dhaka

Bangladesh won by 124 runs

England tour of Sri Lanka, 2014

Nov 26, 2014  at Colombo

Sri Lanka won by 25 runs

Hong Kong tour of Sri Lanka, 2014

Nov 24, 2014  at Colombo

Hong Kong won by 2 wkts


Phil Hughes suffers head injury: In photos


Phil Hughes passes away: Video tribute

Sean Abbott will find the road ahead a living nightmare

Phillip Hughes’ death: What happens to India vs Australia Test series?

Phillip Hughes 63 not out, forever

Phil Hughes: Remembering his most memorable knocks

Phillip Hughes passes away: Crying for Phillip Hughes

Australia England India New Zealand New Zealand tour of UAE 2014 New Zealand vs Pakistan New Zealand vs Pakistan 2014 Pakistan Pakistan vs New Zealand Pakistan vs New Zealand 2014 Phil Hughes Phil Hughes Death Phil Hughes head injury Phillip Hughes Sri Lanka

Phil Hughes passes away: Anil Kumble extends his condolences to Hughes family

India tour of Australia 2014-15: 1st Test set to be rescheduled as David Warner, Shane Watson and Brad Haddin not ready

UAE beat Afghanistan by 5-wickets in first ODI at Dubai

Bangladesh edge out Zimbabwe by 21 runs in 4th ODI at Dhaka

Phillip Hughes was destined for greatness: Steve Waugh

Khurram Khan of UAE becomes 7th oldest international captain

Kumar Sangakkara needs 2 more dismissals to become most successful wicket-keeper in ODIs

Thank you, Brendon McCullum

Shikha Pandey becomes 1st Indian Women cricketer to take 3 wickets and score half-century in same ODI

Phillip Hughes — Career Highlights

Fan of the Day

Niharika Shah

Niharika Shah

682 Posts | 6 Fans

Video: Phil Hughes suffers head injury, collapses on field during New South Wales vs South Australia tie

India is becoming our largest overseas market, Xiaomi CEO Lei Jun says

Pukaar’s Rannvijay Singh will face new challenges with ‘Zen Life’

Yami Gautam Birthday: The Vicky Donor girl turns 26 (In Pics)

6 medical miracles that will blow your mind

OPEC daily basket price closes over three US dollars lower

Badlapur new poster: Varun Dhawan stuns us with his deadly rugged avatar – view pic!

More broadband connections to boost GDP growth in Asia Pacific: GSMA

6 must-have aromatherapy oils for your medicine cabinet

Also on cricketcountry.com

Play Fantasy Cricket & Win

Cash Daily! Click here