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Chennai Super Kings, a franchise owned by N. Srinivasan’s India Cements, established the ball rolling by giving a $1.5 million get started to the inaugural IPL auction in Bengaluru in 2008. The cement major from South India built the maximum bid for M.S. Dhoni, India’s then new poster boy and captain of the ODI crew and the ICC Twenty20 Entire world Cup-profitable Indian squad in 2007.
Speaking at Sportstar’s first-ever South Sporting activities Conclave, Srinivasan unveiled how CSK signed Dhoni.
“At the IPL auction, I missed the very first two picks. I experienced requested V.B. Chandrasekhar — former Check cricketer from Tamil Nadu and aggressive opening bat — to hold the baton. At any price tag, I needed M.S. Dhoni. The explanation I felt pretty assured was because I felt the other folks did not know arithmetic.
“They experienced explained that they will give 10% [15%] a lot more to the icon player, because they all wished an icon. Punjab needed Yuvraj Singh, Delhi preferred Virender Sehwag, Bangalore Rahul Dravid, Mumbai Sachin Tendulkar. They asked me, I explained no. My father taught me some arithmetic. I figured out if 1.5 million out of 5 went to the icon gamers — then what are you remaining with to get the rest of the 22 players.”
Dhoni’s bidding began from the base selling price of $400,000 and by the time the bids crossed the $900,000 mark, only two teams were in the fray, Mumbai Indians and Chennai Super Kings have been in the fray.
“Suddenly, Mumbai was bidding up to 1.5 million for Dhoni. Then they realised that they have to give the icon participant 10% [15%] a lot more than what they give the most highly-priced player.
“They claimed 3.5 million, almost everything gone, and they collapsed. And that is how M.S. Dhoni arrived to Chennai. It was 100% arithmetic. No other purpose why we received him [Dhoni], The stress to get their [other franchises] favorite participant was better than their arithmetic.” he mentioned.
Dhoni was retained by Super Kings forward of the 2022 players’ auction for ₹12 crore. Last October, right away after Super Kings received the 2021 IPL, Srinivasan experienced said that Dhoni would usually be “part and parcel” of not just the franchise, but also the Metropolis of Chennai.
“There is no CSK with no Dhoni and there is no Dhoni without CSK,” Srinivasan experienced stated.
Dhoni has led the Super Kings appropriate from the very first season in 2008, getting them to four titles. CSK has made the playoffs in each and every IPL it has been a portion of, barring 2020.
