Friday, June 10, 2016

ROI analysis of 5 highest paid players in IPL 2016.

Virat Kohli


The 9th season of the IPL has come to an end. Sunrisers Hyderabad have been crowned champions of this edition. This is their first IPL title and they have deserved the victory as they beat the tournament favourites RCB on their home ground at the Chinnaswamy in Bengaluru. It has been a different IPL season. 2 new franchise teams namely Rising Pune Supergiants and Gujarat lions had been inducted in to the IPL on account of CSK and RR being suspended for 2 years.

 The venues of some of the matches had to be shifted from Mumbai, Pune and Nagpur mid way throughout the tournament following High Court’s orders due to the acute water crisis in the state of Maharashtra. The auctions at the beginning of the IPL season were a pretty affair with players from CSK and RR being shifted to other franchise teams.
 Virat Kohli was the highest paid player this season with RCB retaining him for a whopping 12.5 Cr but paid him additional 2.5 Cr. The other 4 highest paid cricketers were MS Dhoni, Shikhar Dhawan who were paid 12.5Cr each and Rohit Sharma who was retained for 12.5 Cr but got 11.5 Cr as salary. Last but not the least Gautam Gambhir was also retained for 12.5 Cr but was paid a salary of 10 Cr as per agreement between player and the franchise. We can have a look at the performances of all these 5 most expensive IPL players of 2016. Coincidently all of them are Indians and barring Dhawan, all are captains of their respective franchise teams.
Virat Kohli ( 15 Crores)- RCB had retained Kohli as their star performer  before the auctions  earlier this year.RCB had pinned their hopes on Kohli who has been in red hot form especially in T-20’s since the tour of Australia. Kohli has repaid the faith and responsibility bestowed upon him by the RCB management. Kohli has been simply outstanding to say the least. He has scored 973 runs in 16 matches the highest tally by a batsman in a single season in the history of the IPL. It is not just the sheer volume of runs which Kohli has scored but the manner in which he has scored them which makes his achievements all the more incredible.
Kohli has scored 4 centuries in this IPL season which is again an IPL record. Kohli all by himself has scored 30 % of total RCB runs which is staggering to say the least. It would not be entirely untoward to say that this season has belonged to Virat. His performances have also overshadowed De Villers tally of 687 runs which in itself is an incredible feat. Kohli has looked hungry for the IPL title which has eluded RCB so far in the previous 8 seasons. Kohli has also contributed immensely to the brand value of RCB bringing in eyeballs to the stadium thereby subsequently having an incremental impact on merchandise sale.
CHINNASWAMY STADIUM
RCB WITH KOHLI
RCB WITHOUT KOHLI
IMPACT OF KOHLI
SEATING CAPACITY
30000
24000
6000
AVG TICKET PRICE
2000
2000
2000
TOTAL TICKET REVENUE
6 CRORES
4.8 CRORES
1.2 CRORES
RCB TOTAL TICKET REVENUE PER MATCH
4.8 CRORES
3.84 CRORES
96 LAKH




Note: Assuming 20 % people come to watch RCB match primarily for Kohli.

           80% of total ticket sale goes to franchise.                                                                                     



MS Dhoni (12.5 Crores) - It has been a tough season for MS Dhoni who is the 2nd highest paid player. MS Dhoni has had to deal with a not so envious task of leading a new franchise Rising Pune Supergiants. It has been a painful journey for Dhoni who has enjoyed tremendous success as skipper of a successful CSK team. Dhoni has managed to score a mere 284 runs from 14 matches with a solitary 50 coming against Punjab in their last match of the IPL. Dhoni has been criticised for batting too low in limited overs format since long. Even this season he could have batted up the order on numerous occasions but Dhoni also had to tackle with the fact that the batting order of RPS   was not as strong as CSK.
Dhoni looked out of sorts and jaded in this season. He finally got his mojo back with a tremendous knock of 64 against Kings X1 Punjab. In the last match against Punjab, Dhoni helped his team chase down 173 runs blasting an astonishing 23 runs needed of the last over. It was some consolation for RPS who finished just above Punjab in the points table.
MCA STADIUM
RPS WITH MS DHONI
RPS WITHOUT MS DHONI
IMPACT OF MS DHONI
SEATING CAPACITY
50000
40000
10000
AVG TICKET PRICE
2000
2000
2000
TOTAL TICKET REVENUE
10CRORES
8 CRORES
2 CRORES
RPS TOTAL TICKET REVENUE PER MATCH
8 CRORES
6.4 CRORES
1.6 CRORES




Note: Assuming 20 % people come to watch RPS match primarily for Dhoni.

           80% of total ticket sale goes to franchise.                                                                                     




Shikhar Dhawan (12.5 Crores) - This flamboyant and dashing southpaw had been retained by Sunrisers Hyderabad for 12.5 Crores. Shikhar Dhawan has been one of the major reasons behind the superb journey of SRH this season. He has scored 501 runs in 17 matches at an average of 38.53 with 4 half centuries. His opening partnership with Skipper David Warner has been one of the most prolific one in history of IPL. Dhawan played a pivotal role in the victory of SRH this season.
The duo have scored 1184 runs which accounts for 55 % of the total runs by SRH. They have chalked out 5 half century partnerships which has more than compensated their weak middle order. Dhawan had been struggling with his batting before the IPL and even in the first 3 matches; he did not contribute anything to the team cause. It was in the 4th match against Gujarat Lions at Rajkot that Dhawan scored a watchful 53 not out and helped SRH win the game along with Warner who was the dominant partner. This innings helped him spend some much needed time out in the middle did wonders for Dhawan. In another crucial encounter against Mumbai Indians, Dhawan smashed an unbeaten 82 to help win the game easily against the defending IPL champions.



RAJIV GANDHI STADIUM
SRH WITH DHAWAN
SRH WITHOUT DHAWANI
IMPACT OF DHAWAN
SEATING CAPACITY
50000
45000
5000
AVG TICKET PRICE
2000
2000
2000
TOTAL TICKET REVENUE
10 CRORES
9 CRORES
1 CRORE
SRH TOTAL TICKET REVENUE PER MATCH
8 CRORES
7.2 CRORES
80 LAKH




Note: Assuming 10 % people come to watch SRH match primarily for Dhawan.

           80% of total ticket sale goes to franchise.                                                                                     



Rohit Sharma (12.5 Crores) - The captain of defending champions Mumbai Indians team had a lot of expectations of leading a side full of superstars. Rohit Sharma amassed a tally of 489 runs from 14 matches with an average of 44.45 with 5 half centuries at a strike rate of 132.88. This IPL season has not panned out for Rohit Sharma or Mumbai Indians as they would have liked.
Rohit Sharma won some matches while chasing targets but his numbers while setting a target have been abysmal. He has scored 394 runs while chasing but a mere 95 runs in 7 innings batting first. Rohit it seemed was not in the best of forms while setting up targets which was an important reason for Mumbai Indians failure to reach the playoffs. Mumbai having retained Sharma for 12.5 Cr would have hoped to qualify at least for the playoffs.
WANKHEDE STADIUM
MI WITH ROHIT SHARMA
MI WITHOUT ROHIT SHARMA
IMPACT OF ROHIT SHARMA
SEATING CAPACITY
30000
27000
3000
AVG TICKET PRICE
2000
2000
2000
TOTAL TICKET REVENUE
6 CRORES
5.4 CRORES
60 LAKH
MI TOTAL TICKET REVENUE PER MATCH
4.8 CRORES
4.32 CRORES
48 LAKH
Note: Assuming 10 % people come to watch MI match primarily for Rohit Sharma.

           80% of total ticket sale goes to franchise.                                                                                     



Gautam Gambhir (10 Crores)- Gautam Gambhir who has been out of favour of the national selectors had an impressive IPL season despite his team KKR failing to qualify for the eliminators. Gambhir scored 501 runs in 15 matches with 5 half centuries and an average of 38.53. Gambhir also has been skipper of KKR but could not take the team to their 3rd IPL title this season. His batting was a bit on the slower side with a strike rate of just over 120 which is considered slow especially as he played as an opener.
Gambhir scored a fine 90 against SRH at Hyderabad chasing 143 runs and his partnership with Robin Uthappa was the highlight of the season for KKR. Together both notched up 5 half century opening partnerships becoming one of the most prolific opening pairs in IPL history. Gambhir had a chance of taking his team to the playoffs against Sunrisers in the final match but he was dismissed at an untimely moment in the match which turned the tide against KKR and they eventually got eliminated of the IPL.
EDEN GARDENS
KKR WITH GAMBHIR
KKR WITHOUT GAMBHIR
IMPACT OF GAMBHIR
SEATING CAPACITY
60000
54000
6000
AVG TICKET PRICE
2000
2000
2000
TOTAL TICKET REVENUE
12 CRORES
10.8 CRORES
1.2 CRORES
KKR TOTAL TICKET REVENUE PER MATCH.
9.6 CRORES
8.64
CRORES
96 LAKHS
Note: Assuming 10 % people come to watch KKR match for Gambhir primarily.
           80% of total ticket sale goes to franchise.                                                                                     


 Both RCB and SRH owe a lot to Kohli and Dhawan for their advancement to the finals of IPL this season.MS Dhoni proved to be the most expensive player as far as salary to runs ratio is concerned and Kohli was the cheapest in this regards.
PERFORMANCES OF TOP 5 HIGHEST PAID PLAYERS FOR IPL 2016.
PLAYER
MATCHES
INNGS
RUNS
HS
AVG
SR
100
50
VIRAT KOHLI
16
16
973
113
81.08
152.03
4
7
MS DHONI
14
12
284
64*
40.57
135.23
0
1
SHIKHAR DHAWAN
17
17
501
82*
38.53
116.78
0
4
ROHIT SHARMA
14
14
489
85*
44.45
132.88
0
5
GAUTAM GAMBHIR
15
15
501
90*
38.53
121.89
0
5

ROI of a player =               TOTAL SALARY
                                  TOTAL RUNS SCORED BY PLAYER

ROI ANALYSIS OF PLAYERS IN IPL 2016
HIGHEST PAID PLAYERS OF  IPL 2016
SALARY 2016 (A)
RUNS SCORED (B)
COST OF 1 RUN TO FRANCHISE  C=(A/B)
VIRAT KOHLI
15 CR
973
1.54 LAKH
MS DHONI
12.5CR
284
4.4 LAKH
SHIKHAR DHAWAN
12.5CR
501
2.49 LAKH
ROHIT SHARMA
11.5 CR
489
2.35 LAKH
GAUTAM GAMBHIR
10 CR
501
1.99 LAKH