NZ Herald
  • Home
  • Latest news
  • Herald NOW
  • Video
  • New Zealand
  • Sport
  • World
  • Business
  • Entertainment
  • Podcasts
  • Quizzes
  • Opinion
  • Lifestyle
  • Travel
  • Viva
  • Weather

Subscriptions

  • Herald Premium
  • Viva Premium
  • The Listener
  • BusinessDesk

Sections

  • Latest news
  • New Zealand
    • All New Zealand
    • Crime
    • Politics
    • Education
    • Open Justice
    • Scam Update
  • Herald NOW
  • On The Up
  • World
    • All World
    • Australia
    • Asia
    • UK
    • United States
    • Middle East
    • Europe
    • Pacific
  • Business
    • All Business
    • MarketsSharesCurrencyCommoditiesStock TakesCrypto
    • Markets with Madison
    • Media Insider
    • Business analysis
    • Personal financeKiwiSaverInterest ratesTaxInvestment
    • EconomyInflationGDPOfficial cash rateEmployment
    • Small business
    • Business reportsMood of the BoardroomProject AucklandSustainable business and financeCapital markets reportAgribusiness reportInfrastructure reportDynamic business
    • Deloitte Top 200 Awards
    • CompaniesAged CareAgribusinessAirlinesBanking and financeConstructionEnergyFreight and logisticsHealthcareManufacturingMedia and MarketingRetailTelecommunicationsTourism
  • Opinion
    • All Opinion
    • Analysis
    • Editorials
    • Business analysis
    • Premium opinion
    • Letters to the editor
  • Politics
  • Sport
    • All Sport
    • OlympicsParalympics
    • RugbySuper RugbyNPCAll BlacksBlack FernsRugby sevensSchool rugby
    • CricketBlack CapsWhite Ferns
    • Racing
    • NetballSilver Ferns
    • LeagueWarriorsNRL
    • FootballWellington PhoenixAuckland FCAll WhitesFootball FernsEnglish Premier League
    • GolfNZ Open
    • MotorsportFormula 1
    • Boxing
    • UFC
    • BasketballNBABreakersTall BlacksTall Ferns
    • Tennis
    • Cycling
    • Athletics
    • SailingAmerica's CupSailGP
    • Rowing
  • Lifestyle
    • All Lifestyle
    • Viva - Food, fashion & beauty
    • Society Insider
    • Royals
    • Sex & relationships
    • Food & drinkRecipesRecipe collectionsRestaurant reviewsRestaurant bookings
    • Health & wellbeing
    • Fashion & beauty
    • Pets & animals
    • The Selection - Shop the trendsShop fashionShop beautyShop entertainmentShop giftsShop home & living
    • Milford's Investing Place
  • Entertainment
    • All Entertainment
    • TV
    • MoviesMovie reviews
    • MusicMusic reviews
    • BooksBook reviews
    • Culture
    • ReviewsBook reviewsMovie reviewsMusic reviewsRestaurant reviews
  • Travel
    • All Travel
    • News
    • New ZealandNorthlandAucklandWellingtonCanterburyOtago / QueenstownNelson-TasmanBest NZ beaches
    • International travelAustraliaPacific IslandsEuropeUKUSAAfricaAsia
    • Rail holidays
    • Cruise holidays
    • Ski holidays
    • Luxury travel
    • Adventure travel
  • Kāhu Māori news
  • Environment
    • All Environment
    • Our Green Future
  • Talanoa Pacific news
  • Property
    • All Property
    • Property Insider
    • Interest rates tracker
    • Residential property listings
    • Commercial property listings
  • Health
  • Technology
    • All Technology
    • AI
    • Social media
  • Rural
    • All Rural
    • Dairy farming
    • Sheep & beef farming
    • Horticulture
    • Animal health
    • Rural business
    • Rural life
    • Rural technology
    • Opinion
    • Audio & podcasts
  • Weather forecasts
    • All Weather forecasts
    • Kaitaia
    • Whangārei
    • Dargaville
    • Auckland
    • Thames
    • Tauranga
    • Hamilton
    • Whakatāne
    • Rotorua
    • Tokoroa
    • Te Kuiti
    • Taumaranui
    • Taupō
    • Gisborne
    • New Plymouth
    • Napier
    • Hastings
    • Dannevirke
    • Whanganui
    • Palmerston North
    • Levin
    • Paraparaumu
    • Masterton
    • Wellington
    • Motueka
    • Nelson
    • Blenheim
    • Westport
    • Reefton
    • Kaikōura
    • Greymouth
    • Hokitika
    • Christchurch
    • Ashburton
    • Timaru
    • Wānaka
    • Oamaru
    • Queenstown
    • Dunedin
    • Gore
    • Invercargill
  • Meet the journalists
  • Promotions & competitions
  • OneRoof property listings
  • Driven car news

Puzzles & Quizzes

  • Puzzles
    • All Puzzles
    • Sudoku
    • Code Cracker
    • Crosswords
    • Cryptic crossword
    • Wordsearch
  • Quizzes
    • All Quizzes
    • Morning quiz
    • Afternoon quiz
    • Sports quiz

Regions

  • Northland
    • All Northland
    • Far North
    • Kaitaia
    • Kerikeri
    • Kaikohe
    • Bay of Islands
    • Whangarei
    • Dargaville
    • Kaipara
    • Mangawhai
  • Auckland
  • Waikato
    • All Waikato
    • Hamilton
    • Coromandel & Hauraki
    • Matamata & Piako
    • Cambridge
    • Te Awamutu
    • Tokoroa & South Waikato
    • Taupō & Tūrangi
  • Bay of Plenty
    • All Bay of Plenty
    • Katikati
    • Tauranga
    • Mount Maunganui
    • Pāpāmoa
    • Te Puke
    • Whakatāne
  • Rotorua
  • Hawke's Bay
    • All Hawke's Bay
    • Napier
    • Hastings
    • Havelock North
    • Central Hawke's Bay
    • Wairoa
  • Taranaki
    • All Taranaki
    • Stratford
    • New Plymouth
    • Hāwera
  • Manawatū - Whanganui
    • All Manawatū - Whanganui
    • Whanganui
    • Palmerston North
    • Manawatū
    • Tararua
    • Horowhenua
  • Wellington
    • All Wellington
    • Kapiti
    • Wairarapa
    • Upper Hutt
    • Lower Hutt
  • Nelson & Tasman
    • All Nelson & Tasman
    • Motueka
    • Nelson
    • Tasman
  • Marlborough
  • West Coast
  • Canterbury
    • All Canterbury
    • Kaikōura
    • Christchurch
    • Ashburton
    • Timaru
  • Otago
    • All Otago
    • Oamaru
    • Dunedin
    • Balclutha
    • Alexandra
    • Queenstown
    • Wanaka
  • Southland
    • All Southland
    • Invercargill
    • Gore
    • Stewart Island
  • Gisborne

Media

  • Video
    • All Video
    • NZ news video
    • Herald NOW
    • Business news video
    • Politics news video
    • Sport video
    • World news video
    • Lifestyle video
    • Entertainment video
    • Travel video
    • Markets with Madison
    • Kea Kids news
  • Podcasts
    • All Podcasts
    • The Front Page
    • On the Tiles
    • Ask me Anything
    • The Little Things
  • Cartoons
  • Photo galleries
  • Today's Paper - E-editions
  • Photo sales
  • Classifieds

NZME Network

  • Advertise with NZME
  • OneRoof
  • Driven Car Guide
  • BusinessDesk
  • Newstalk ZB
  • Sunlive
  • ZM
  • The Hits
  • Coast
  • Radio Hauraki
  • The Alternative Commentary Collective
  • Gold
  • Flava
  • iHeart Radio
  • Hokonui
  • Radio Wanaka
  • iHeartCountry New Zealand
  • Restaurant Hub
  • NZME Events

SubscribeSign In
Advertisement
Advertise with NZME.
Home / Sport

Dylan Cleaver: Why Kyle Jamieson is (and isn't) worth $3 million

Dylan Cleaver
By Dylan Cleaver
Sports Editor at Large·NZ Herald·
19 Feb, 2021 12:41 AM5 mins to read

Subscribe to listen

Access to Herald Premium articles require a Premium subscription. Subscribe now to listen.
Already a subscriber?  Sign in here

Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech.
‌
Save

    Share this article

    Reminder, this is a Premium article and requires a subscription to read.

Kyle Jamieson looks on during play on Day 2 of the second cricket test match between Black Caps and Australia. Photo / Photosport.co.nz

Kyle Jamieson looks on during play on Day 2 of the second cricket test match between Black Caps and Australia. Photo / Photosport.co.nz

Of course Kyle Jamieson is worth close to $3 million for an IPL campaign.

It's the free market, baby.

Jamieson's new-found wealth is the epitome of having a skillset in high demand and short supply; the result of playing a game loved by billions, in a tournament coveted by multiple broadcasters.

Of course three months of Kyle Jamieson isn't worth close to $3m.

Advertisement
Advertise with NZME.

It's a classic example of capitalism's "disrupted" sense of value.

Jamieson's new-found wealth is the epitome of the billionaire's folly, where objects are bought and sold for outlandish prices, not for the value they represent but the status they offer to owners.

Where you sit on this circular debate depends on whether you are more likely to wear a cloth cap or an embossed leather Gucci hat, but the man himself is unlikely to offer much to discourse beyond being acutely aware that his life had changed in the space of four increasingly frenzied minutes.

Let us recap those minutes.

Advertisement
Advertise with NZME.

Jamieson, the break out star of the Black Caps' season, is lot number 77. His base price is 75 lahk rupees, a tasty little $143,000 pay day that Jamieson would no doubt have been happy to take given he has played just 38 professional T20s, four of them internationals which, by his standards, have been average.

The Royal Challengers Bangalore auction posse, including the eternal schoolboy Mike Hesson, immediately signals their interest, as do the Delhi Daredevils.

Discover more

Black Caps

Instant millionaire: Black Cap becomes highest paid Kiwi ever at IPL auction

18 Feb 06:30 PM
Black Caps

No place for Super Smash standout in initial Black Caps squad

13 Feb 11:00 PM
Black Caps

Dylan Cleaver: Three reasons behind Black Caps' sensational rise to the final

03 Feb 01:30 AM
Sport|cricket

Black Caps announce new test series against old rivals

25 Jan 04:00 PM

The first piece of fortune (literally) is this: RCB are owned by United Spirits, a subsidiary of drinks giant Diageo, which had revenues of $1.8 billion in 2020, and the Daredevils are co-owned by Indian infrastructure giants GMR Group and JSW Group, whose combined revenues equal more millions than there are beans in a beanbag. Within the bounds of the salary-cap restrictions, the odd million bucks here and there can be written off by both owners as petty cash.

New Zealand bowler Kyle Jamieson signs autographs on the boundary for young cricket fans. Photo / Photosport.co.nz
New Zealand bowler Kyle Jamieson signs autographs on the boundary for young cricket fans. Photo / Photosport.co.nz

The bidding moves incrementally and methodically in 5 lahk lots (a lahk is 100,000 rupees, a little more than $1900), until 100 is reached when it jumps to 10 lahk increases. The paddles show no sign of staying down and within a minute Delhi had bid 200 lahk where the jumps increase by 20 lahk.

The second piece of fortune is this: RCB are increasingly desperate having bid for and missed out on South African allrounder Chris Morris to the Rajasthan Royals and Australian quick Jhye Richardson to Punjab Kings XI.

The first pause of any note came at 600 lahk. By this stage Jamieson is a millionaire. His days of driving his jalopy to a self-service Gull to save a couple of cents-a-litre on petrol are over.

The pause is brief. Before you have time to contemplate the price of fame, Delhi comes back with 675 lahk and they are away again in 25 lahk intervals.

The third and most lucrative piece of fortune is this: a third bidder, Punjab, part-owned by Bollywood princess Preity Zinta, enters the fray.

Advertisement
Advertise with NZME.

When Delhi drops out the bidding gets more frenetic, not less so. Even auctioneer Hugh Edmeades seems drunk on dollars when he calls out the 1500 bid by Bangalore.

Zinta motions with a slash across her neck that Punjab is out. The gavel drops. Hesson fist bumps a table mate. Sold.

Wow, that escalated quickly.

Kyle Jamieson of the Black Caps leads the Black Caps off the field after winning the 2nd cricket test match, NZ Black Caps V Pakistan. Photo / Photosport.co.nz
Kyle Jamieson of the Black Caps leads the Black Caps off the field after winning the 2nd cricket test match, NZ Black Caps V Pakistan. Photo / Photosport.co.nz

"It was pretty surreal. It was such a unique experience to watch yourself go through an auction like that. It is weird. There's no textbook to say how you should approach that sort of stuff," Jamieson said.

He's not quite right there. There are textbooks and tomes aplenty to assist Jamieson from here on in, including George Clason's timeless The Richest Man in Babylon, and any number of standards in the personal finance section of your nearest Whitcoulls.

He is dead right that it's weird. New Zealand is a country where income information is jealously guarded. Instead, Jamieson's big pay day is out there for public dissemination. He's expected to talk about it in a sensible and humble fashion.

We now know that Jamieson will earn in three months what it would take a good teacher who positively influences the lives of thousands of impressionable children 38 years to earn.

That is weird; it is surreal.

It is not "wrong" though.

Jamieson has had a wondrous start to his international cricket career. He is quite probably brilliant. His skills are rare and sought after.

He is fortunate in that he plays in a time when those skills are up for auction.

So any time the vulgarity of the IPL is mentioned, it might be worth considering this.

One of New Zealand's most dynamic allrounders died on our national day this year. Bruce Taylor had his demons, no doubt, but he had a skillset made for the modern game.

He left this world with very little.

The equivalence might be awkward, but the larger point remains: cricket in the age of the IPL is a much better place for the players and even if the numbers don't always make sense, that should be celebrated.

It's a bit rich to argue otherwise.

Save

    Share this article

    Reminder, this is a Premium article and requires a subscription to read.

Latest from Sport

Sport

Herald Hat-trick sports quiz: June 20

19 Jun 05:55 PM
Racing

'Biggest question mark': Conditions a concern for Grande Gallo

19 Jun 04:59 PM
Premium
Opinion

Opinion: Are the Crusaders the world's most successful pro sports franchise of all time?

19 Jun 07:00 AM

Jono and Ben brew up a tea-fuelled adventure in Sri Lanka

sponsored
Advertisement
Advertise with NZME.

Latest from Sport

Herald Hat-trick sports quiz: June 20

Herald Hat-trick sports quiz: June 20

19 Jun 05:55 PM

Can you get a hat-trick?

'Biggest question mark': Conditions a concern for Grande Gallo

'Biggest question mark': Conditions a concern for Grande Gallo

19 Jun 04:59 PM
Premium
Opinion: Are the Crusaders the world's most successful pro sports franchise of all time?

Opinion: Are the Crusaders the world's most successful pro sports franchise of all time?

19 Jun 07:00 AM
Watch: 'Hand of God' controversy in schoolboy rugby scrum

Watch: 'Hand of God' controversy in schoolboy rugby scrum

19 Jun 04:29 AM
Help for those helping hardest-hit
sponsored

Help for those helping hardest-hit

NZ Herald
  • About NZ Herald
  • Meet the journalists
  • Newsletters
  • Classifieds
  • Help & support
  • Contact us
  • House rules
  • Privacy Policy
  • Terms of use
  • Competition terms & conditions
  • Our use of AI
Subscriber Services
  • NZ Herald e-editions
  • Daily puzzles & quizzes
  • Manage your digital subscription
  • Manage your print subscription
  • Subscribe to the NZ Herald newspaper
  • Subscribe to Herald Premium
  • Gift a subscription
  • Subscriber FAQs
  • Subscription terms & conditions
  • Promotions and subscriber benefits
NZME Network
  • The New Zealand Herald
  • The Northland Age
  • The Northern Advocate
  • Waikato Herald
  • Bay of Plenty Times
  • Rotorua Daily Post
  • Hawke's Bay Today
  • Whanganui Chronicle
  • Viva
  • NZ Listener
  • Newstalk ZB
  • BusinessDesk
  • OneRoof
  • Driven Car Guide
  • iHeart Radio
  • Restaurant Hub
NZME
  • About NZME
  • NZME careers
  • Advertise with NZME
  • Digital self-service advertising
  • Book your classified ad
  • Photo sales
  • NZME Events
  • © Copyright 2025 NZME Publishing Limited
TOP