While the Justice Mukul Mudgal report on betting and fixing has cast a long shadow over the Indian Premier League (IPL), some of biggest names in world cricket are slated to go under the hammer here Wednesday at the 2014 Pepsi IPL Player Auction that could produce a young millionaire or two.

Owner of Mumbai Indians Neeta Ambani and Shah Rukh Khan, owner of Kolkatta Knight Riders during auction for the fifth edition of the Indian Premier League. Photo: AFP

Though the Mudgal Committee report, made public Monday, is basically a preliminary finding, it nevertheless casts aspersions that cannot be wished away. That, however, does not preclude some 514 players getting into the ring for the multi-crore bidding process that will shape the eight IPL teams.

Though players of strong and proven credentials like Jacques Kallis, Mahela Jayawardene, Virender Sehwag, Kevin Pietersen and Yuvraj Singh are in the fray, indications are that the teams might be more tempted to opt for the young and talented rather those in the twilight of their careers.

Among the most talked about players is 23-year-old New Zealand all-rounder Corey Anderson whose recent exploits, notably a world record 36-ball ODI century against the West Indies, have projected him as a “hot buy”. Chances are that he might end up becoming a millionaire in the next 24 hours.