Pricing of players in the Indian Premier League Harvard Case Solution & Analysis

Indian Premier League (IPL), a professional league for Twenty20 (T20) cricket championship was started in 2008 in India. IPL was initiated by the Board of Control for Cricket in India (BCCI) with eight franchises comprising players from all over the world. Franchise players acquired through the English auction, which is held every year, but there were a few rules imposed by IPL. Prices for IPL players ranged from as low as $ 20,000 to more than $ 2 million in tournament play for 7 weeks. Three of the nine IPL team appeared in the list of the 50 highest-paid sports teams in the world in a survey conducted in May 2012 sportingintelligence.com. IPL teams had a number of limitations, how much money they can spend to acquire their players, and it was important that they spend their money wisely to build a successful team, after measuring the true value of a player. Performance of the players can be measured by several metrics. Although IPL Twenty20 format of the game should be, it is possible that the performance of the players in the other game formats, such as test and one-day matches may affect pricing for the player. Experience has shown that factors such as batting strike rate, the rate bowling strike rate of the economy, and the ability to take wickets; drive the price of the players. The focus of this case, to understand the true meaning of a cricketer, which can be used while the player auctions. "Hide
by Unnikrishnan Dinesh Kumar, Kshitiz Ranjan Source: Indian Institute of Management, Bangalore 16 pages. Publication Date: Aug 01, 2012. Prod. #: IMB379-PDF-ENG

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