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Player auction is a significant aspect of modern sports leagues, prominently observed in cricket and baseball,[1] where teams bid to acquire the services of players for a specific tournament or season. The process involves a blend of strategy, finance, and talent assessment, making it a notable event in the sports calendar.
A cricket player auction is an event where cricketers are auctioned off by teams for money.[2] Cricket player auctions are held by cricket leagues from India, Pakistan, Sri Lanka, Bangladesh and Australia. First cricket player auction was held in 2008 by Indian Premier League.[3] In India, a player auction is a popular show and is broadcast on television.[2]
- ^ Cassing, James; Douglas, Richard W. (July 1980). "Implications of the Auction Mechanism in Baseball's Free Agent Draft". Southern Economic Journal. 47 (1): 110. doi:10.2307/1057065. JSTOR 1057065.
- ^ a b "IPL 2024 auction: Everything you need to know". The Times of India. 19 December 2023. Retrieved 24 February 2024.
- ^ Marwaha, Damini (1 January 2013). "The Indian Premier League: What are the factors that determine player value?". CMC Senior Theses.
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