I hereby issue a request to more math-inclined cricket bloggers (hint, hint, Deep Backward Point and Kridaya and Russ): can you rigorously compare a player’s IPL performance with his auction price? The simplest method, I imagine, would be to place those two categories side-by-side. E.g.: Gautam Gambhir, $2.4 million, 378 runs (avg.: 34). The broader question is: did the amount the franchises put down make sense?
Now, I can think of at least one major objection: the rules of the IPL auction do not exactly qualify as a free marketplace. There are various restrictions — four foreign players, a certain number of ‘capped’ Indian players, etc. — that inflate the values for particular cricketers. But still: at some level, there must be some method to this madness, surely? (There’s also the second objection — why don’t you do it? Well, I’m busy. And I suck at math.)