The start of the Indian Premier League (IPL) in 2008 changed the world cricket. It opened the gates for the T20 leagues across the globe and various cricket nations started their T20 tournaments.
The likes of Australia (Big Bash League), England (T20 Blast), West Indies (Caribbean Premier League), Pakistan (Pakistan Super League) and Bangladesh Premier League (BPL) are running successfully.
Despite the emergence of various T20 events, the Indian Premier League has maintained its top status. The Indian T20 league sees the world’s best players competing against each other.
The other leagues in the world are trying to dethrone the IPL from its top billing. One of them is the Pakistan Super League (PSL) with Pakistan Cricket board (PCB) chairman Ramiz Raja wants to adopt the auction formula to end IPL’s monopoly.
“We have to create new properties. We have nothing but the ICC and PSL for funds. I want to shift to auction model from next edition. We will sit down with the owners of the franchises to discuss about it,” said Raja to EspnCricinfo.
“This is a game of money. If we take the PSL to auction model, increase the purse, then I’ll put it in the IPL bracket. And then we’ll see who prefers IPL over the PSL,” he added.