The unsold players were paid their base price by the BCCI. IPL franchise could sign Indian players at any time. The franchises were randomly allotted numbers from 1 to 8. The base price was set at US$50,000.  75 players were auctioned with Mohammed Yousuf and Ashwell Prince remaining unsold. The total salary cap was set at US$5 million with a minimum of US$ 3.3 million to be spend. Dimitri Mascarenhas became the first English player to sign up for IPL. Remaining Wicket-keepers, All-rounders, Batsmen and Bowlers were kept in category-E, F, G and H respectively. "Big business and Bollywood grab stakes in IPL", "Mukesh Ambani, Mallya, SRK win IPL bids", "Dhoni gets the highest price at IPL auction", "Rajasthan best placed for second auction", "Watson, Yousuf head list for second IPL auction", "Yousuf's IPL future to be decided on March 29", "Yousuf's IPL status in limbo till April 30", "Hopes the biggest draw in low-profile auction", "Skipper Virat top pick in IPL's under-19 draft", "BCCI for one-year IPL contract for u-22 and 19 players", "Praveen Kumar for the Bangalore Challengers", "Chopra and Pujara join Kolkata franchise", "Nehra for Mumbai Indians, Mishra for Delhi", "Mumbai pick up exciting Ronchi for three years", "Bangalore Royal Challengers Squad / Players", "Franchises can sign foreign recruits till final - IPL", "David Hussey in doubt, Langer pulls out", "Harbhajan banned for rest of IPL season", "Hairline fracture puts Laxman out of IPL", "Five Kolkata Knight Riders players asked to leave team hotel", "Franchises confident despite missing stars", "Greg Shipperd to coach Delhi Daredevils", "Buchanan to coach IPL's Kolkata franchise", "Kepler Wessels to coach Chennai Super Kings", "IPL's Bangalore Royal Challengers unveils logo", "Neil Maxwell appointed CEO of Mohali team", "Harsha Bhogle appointed as Mumbai IPL team advisor", "Lillee joins Delhi Daredevils as bowling consultant", ESPNcricinfo- Indian Premier League, 2007/08-Squads, https://en.wikipedia.org/w/index.php?title=List_of_2008_Indian_Premier_League_auctions_and_personnel_signings&oldid=978845983, All Wikipedia articles written in Indian English, Creative Commons Attribution-ShareAlike License, Allowed to play back on 4 May after suspension of Ban, Replacement for players on International duty, This page was last edited on 17 September 2020, at 08:09. Players were divided into categoreies with Category-A, B, C and D representing prominent players. The base price of team was set at US$ 50 million. Franchises had to pick minimum four under-22 Indian players from their designated catchment area in their squad.Praveen Kumar was claimed to be signed by both Delhi and Bangalore franchise, with the player later confirming that he had joined the Royal Challengers Bangalore. Under IPL rules, the replacements cannot be paid more than the players they are replacing, though they can be paid less. The Mumbai Indians (MI) is a franchise cricket team based in Mumbai, India, which plays in the Indian Premier League (IPL). Mumbai Indians finished fifth in the league stage of IPL 2008. Checkout team and player details. , The first auction was held on 20 February 2008.
Andrew Symonds was the most costly foreign player. Mumbai Indians finished fifth in the league stage of IPL 2008.  The following players were signed before the tournament. Mumbai Indians Squad (May 20, 2008) Indian Premier League, 2007/08 Rajasthan Royals Squad (April 26, 2008) Fixtures; Results; Readers recommend - Curated tweets by ESPNcricinfo. 26 players including unsold players from auction-1 signed up for the auction. , Along with 2nd Auction, the 15 players from winners of 2008 Under-19 Cricket World Cup along with Viraj Kadbe were picked upon draf system based upon US National Football League.
This is a list of all auctions and personnel signings for the 2008 Indian Premier League.  IPL allowed teams to cross 8 foreign players limit. The franchise assigned the number 1 got the choice of picking player first and then the second franchise and so on. James Hopes was the costliest player at US$300,000.
 Delhi was the first team and chose Pradeep Sangwan. The icon players received 15% percent more money than the highest paid player of the team bought in the auction. The base price of team was set at US$50 million. Deccan Chargers passed on both of their drafts. Deccan Chargers also asked for Icon Player status to be given to VVS Laxman, but he declined the offer in order to allow the franchise to spend more money on other players and still not breach the US$5 million salary cap.
Players sold lower than their signed up price were paid remaining amount by IPL. Mumbai was the most expensive team, costing over US$111.9 million.
Mohammed Yousuf again remained unsold in 2nd auction due to continuing dispute with Indian Cricket League. IPL Standings. , Icon player was a status given to five players of the Indian Premier League to ensure that top draw players will represent their respective home city sides, which was important for the league to increase fan support and interest among the locals. The players with Ranji experience were paid US$ 50,000 and remaining US$ 30,000..  14 players were sold in the auction. The auctions for team ownership was held on 24 January 2008.  Jaipur was fined for not reaching the minimum spending of US$3 million. They were one of the eight teams that competed in the 2008 Indian Premier League.  The following players withdrew from the tournament either due to injuries or because of other reasons. They were captained by Sachin Tendulkar. The Mumbai Indians (MI) is a franchise cricket team based in Mumbai, India, which plays in the Indian Premier League (IPL). The auctions for team ownership was held on 24 January 2008. Get Mumbai Indians Squad Indian Premier League, 2007/08 Squad details on ESPNcricinfo.com. The auction also led to controversy regarding the conflict of interest with then BCCI chairman N. Srinivasan holding a stake in the Chennai team. Players were signed as replacement of contracted players who were not available to play due to injuries and national commitments. The auction fetched a total amount of US$ 723.59 million against the combined base price of US$ 400 million. , The second IPL auction for foreign players took place in Mumbai on 11 March 2008. Mumbai was the most expensive team, costing over US$ 111.9 million. They were captained by Sachin Tendulkar. The auction fetched a total amount of US$723.59 million against the combined base price of US$400 million. After eight players were picked, the order of the bidding reversed. They were one of the eight teams that competed in the 2008 Indian Premier League. Delhi Daredevils also picked only one of the draft while Chennai Super Kings picked three players. "Indian Premier League, 2008 / Records / Most runs", "Indian Premier League, 2008 / Records / Most wickets", https://en.wikipedia.org/w/index.php?title=Mumbai_Indians_in_2008&oldid=981925860, All Wikipedia articles written in Indian English, Creative Commons Attribution-ShareAlike License, This page was last edited on 5 October 2020, at 06:05. 77 players signed up for auction including 48 foreign players. Initially four icon players were designated but later on the request of Delhi Daredevils, Virender Sehwag's name was added to the list.
MS Dhoni was the costliest player at US$1.5 million.  The base price for was fixed at $50,000 for the Ranji Trophy players and $20,000 for those having not played the Ranji Trophy.