Player auction
Player auction is a significant aspect of modern sports leagues, prominently observed in cricket and baseball, 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. 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. In India, a player auction is a popular show and is broadcast on television.