What is the difference between Draft and Auction: Today, all countries play their own T20 leagues. There are two major ways to acquire players in these cricket leagues: draft and auction. Both systems have their own merits and demerits, and each is used in different leagues. Let us analyse both these systems (draft and auction) in detail.
What Is PSL Draft?: In a draft, teams get a chance to select players in a predetermined order. This order is usually determined based on the performance of the previous season, lottery, or other factors. Each team can select only one player at a time, and once the player is selected, they become unavailable to other teams.
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Predictability: The draft is a more predictable process, as teams know in advance the order in which they will select.
Promoting young talent: The draft system provides a good opportunity to showcase young and emerging talent and provide them opportunities at the professional level.
League balance: The draft system can help maintain balance in the league, as weaker teams are more likely to get higher draft picks, giving them a chance to become competitive.
Limited options: Teams have limited options in the draft, as they can only select one player at a time and once selected players become unavailable to other teams.
Evaluating players is challenging: Correctly evaluating players can be challenging, especially in the case of young players, and wrong decisions can affect a team's future.
Draft system is used in 5 cricket leagues
In an auction, players are put up for bid, and teams compete against each other to acquire them. Teams have a budget to spend on players, and they can allocate their funds as they wish.
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Flexibility: The auction system provides teams with more flexibility, as they can bid according to their budget and acquire the players that best suit their roster.
Market-driven pricing: The value of players in an auction is determined by the market, ensuring that players are paid according to their potential.
Thrill and excitement: The auction process can be highly exciting and entertaining, as intense competition can be witnessed among teams.
Difficult to predict: It can be difficult to predict the final price of players in an auction, putting teams at risk of overpaying or losing desired players.
League imbalance: The auction system can cause league imbalance, as wealthier teams are more likely to spend more and attract top players, which can hurt weaker teams.
Only 2 cricket leagues use both retention and draft systems
Which system is used in International League T20 (ILT20) to buy players: Direct signings and strategic player selections.
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