Pricing of players in the Indian Premier League Case Solution & Answer

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The Indian Premier League (IPL), a professional league for Twenty20 Championship (T20) cricket was launched in 2008 in India. The IPL was initiated by the Board of Control for Cricket in India (BCCI) with eight franchises that include players from around the world. Players franchises acquired through an auction in English, which was held every year, but there were several rules imposed by the IPL. IPL players Prices ranged from a minimum of $ 20,000 to over $ 2 million for a tournament played over 7 weeks. Three of the nine teams of IPL appeared in the list of 50 teams of the highest paid sports world in a survey by sportingintelligence.com May 2012. IPL teams have several restrictions on the amount of money that could be spent on the acquisition of their players, and it is important that you spend your money wisely to build a winning team, after measuring the actual value player. The players’ performance can be measured by several parameters. Although the IPL Twenty20 format of the game continued, it is possible that the performance of the players in the other game formats, such as Test matches and one-day player could influence prices. Anecdotal evidence suggests that factors such as the unemployment rate batting, the bowling strike rate, the savings rate, and the ability to take wickets, rental price readers. The aim of this study is to understand the true value of a cricket player that can be used in the auction of players.
by
Dinesh Kumar Unnikrishnan,
Kshitiz Ranjan
Source: Indian Institute of Management Bangalore
16 pages.
Publication Date: August 1, 2012. Prod #: IMB379-PDF-ENG
Price of the players in solving cases Indian Premier League