The problem with the IPL is that there is little disincentive for doing badly. There are a total of eight teams. Each of them has a reasonable number of saleable cricketers. These cricketers’ salaries are orthogonal to their skills, and their expected contribution to the game. Irrespective of how badly a team does, the one-team-per-city…
IPL Structuring
I remember that this time, last year, I was eagerly looking forward to the IPL auctions. It also happened to be a time when I was actively looking out for a new job (i wasn’t going to find one till about six months later). And I was secretly hoping that one of the IPL franchises…