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@article{182543,
        author = {Devesh Lal},
        title = {Dynamics of IPL Auction, Pricing and Strategy},
        journal = {International Journal of Innovative Research in Technology},
        year = {2025},
        volume = {12},
        number = {2},
        pages = {3141-3153},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=182543},
        abstract = {The Board for Cricket Control in India (BCCI) is the regulator for cricket in India. To finance its activities, it has initiated many activities. The Indian Premier League (IPL) is its flagship revenue generator. Like many other professional sports leagues, IPL follows an auction format for player recruitments. Auction in common terms refers to the sale of assets (players here) through a common bidding process that can be of varying nature (oral auction, sealed-bid auction, etc). IPL has concluded 14 seasons and witnessed multiple auctions, strategic moves, and valuation of players (in terms of pricing) by franchisees to strengthen their squads and increase their chances of fielding a strong team to win the tournament. BCCI also holds auctions for tenders of media rights and sponsorships. Being the sole regulator, BCCI enjoys a monopoly status over all the potentials companies and brands vying for these tenders.
This paper offers a study of the application of auction theory and the monopoly behavior in cricket administration of India, with special emphasis laid on the IPL. It also provides an inter-alia study about how teams actually go about their strategies, payoffs, and alternative options, as well as how they maximize their team's strength at the auction table while evaluating leadership skills, player personality, player value, pricing trends, budget constraints, and so on.},
        keywords = {Cricket, IPL, auction, monopoly, strategy, pricing},
        month = {July},
        }