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IPL: What’s your team worth?

IPL: What’s your team worth?
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First Published: Thu, Feb 12 2009. 12 38 PM IST

Updated: Thu, Feb 12 2009. 12 38 PM IST
New Delhi: Possibly the hottest marketplace in the world last week was that for players in the Indian Premier League. In the player auction in Goa, two English cricketers managed to stare down recession worries and sell themselves for winning bids of $1.55 million apiece.
On Just to Clarify, we wanted to explain the process behind
the IPL player auction to answer some fundamental questions. How are the players selected? Why does each team have a limited purse of bidding money? How does the auction itself proceed?
Our first guest this week on Just to Clarify is Sunder Raman, CEO of the Indian Premier League. Our second guest, M. Darshan, is vice president-commercial operations of the IPL’s Hyderabad franchise, the Deccan Chargers.
A reminder for our listeners: If you want any aspect of the news explained on Just to Clarify, please do write in to us at samanth.s@livemint.com.
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First Published: Thu, Feb 12 2009. 12 38 PM IST