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Who are the batsmen offering the best value?

Srinivas Bhogle, Purnendu Maji and Arthur D'Silva | May 15, 2008

Today we will try to figure out who are the batsmen with the lowest paisa vasool index (PVI) after match 34 of the DLF IPL.

We will look at 'low cost' and 'auctioned' batsmen separately because there is a big difference in their costs ('auctioned' players can be 8-10 times more expensive).

Recall that the most valuable player index (MVPI) is calculated by totaling the player's batting + bowling + fielding contributions and expressing this total as a run-equivalent. So the higher the MVPI, the better the player is performing.

To prepare the list of the best 'auctioned' and 'low cost' batsmen, we looked at players with the largest batting points and plotted their PVI.

Recall too that the PVI equals: amount paid so far to the player /MVPI of the player. So the lower the PVI, the better the value offered by the player.

Tables 1 and 2 provide the details.

Table 1: The IPL 'auctioned' batsmen offering the best return on investment

(After 34 matches; expressed in terms of US dollars paid so far for contributing each 'run'

 Player Team From Money offered (\$) Runs Bat Pts MVPI PVI Shane Watson RR AUS 125000 287 331 581 138 B McCullum KKR NZ 700000 183 243 247 809 Yusuf Pathan RR IND 475000 239 290 337 905 V Sehwag DD IND 833750 287 358 426 1118 Gautam Gambhir [Images] DD IND 725000 336 351 355 1168 Adam Gilchrist [Images] DC AUS 700000 308 341 357 1259 David Hussey KKR AUS 675000 263 267 297 1297 Rohit Sharma DC IND 750000 296 323 343 1407 K Sangakkara KXI SL 700000 203 241 269 1675

Table 2: The IPL 'low cost*' batsmen offering the best return on investment

(After 34 matches; expressed in terms of US dollars paid so far for contributing each 'run')

 Player Team From Runs Bat Pts MVPI PVI Shaun Marsh KXI AUS 295 301 325 59 Shikhar Dhawan DD IND 209 186 214 80 Prasanta Saha KKR IND 114 125 185 92 Laxmi Shukla KKR IND 120 127 160 107 S Badrinath CSK IND 131 142 178 108 Abhishek Nayar MI IND 115 130 124 121 Swapnil Asnodkar RR IND 131 129 133 145 S Vidyut CSK IND 115 129 149 Venugopal Rao DC IND 123 125 125 155 Virat Kohli BRC IND 143 115 119 162

*Some player prices are unconfirmed, and based on the available information

It is curious that while 'low cost' medium and fast bowlers have performed almost as well as their 'auctioned' counterparts, 'low cost' batsmen have been unable to match the performance of their more successful seniors.

Finally we look at some of the 'auctioned' batsmen who have so far failed to deliver. In all fairness it must be mentioned that some of these players have a higher-than-expected PVI because they have come in later, or been frequently obliged to sit on the 'bench'.

 Player Team From Money offered (\$) Runs Bat Pts MVPI PVI S Chanderpaul BRC WI 200000 25 9 9 14835 Tillakaratne Dilshan DD SL 250000 18 16 16 8929 H Gibbs DC SA 575000 46 21 49 7493 Ricky Ponting [Images] KKR AUS 400000 39 7 15 7453 Cameron White BRC AUS 500000 46 37 45 7090 Manoj Tiwary DD IND 675000 55 50 62 6221 Mohd Kaif RR IND 675000 95 66 74 5864 Jacques Kallis [Images] BRC SA 900000 118 99 133 4361 Rahul Dravid [Images] BRC IND 1035000 198 163 171 3899 Salman Butt [Images] KKR PAK 100000 11 7 11 3782 Shoaib Malik [Images] DD PAK 500000 51 41 72 3488

Srinivas Bhogle, Purnendu Maji and Arthur DSilva work for Cranes Software International [Get Quote] Limited, Bangalore.