During IPL (Indian Premier League matches there exists no predefined cost associated with how each player will perform. During IPL Auctions franchises determine player service costs through bidding that takes into account a combination of performance-related factors. The set of player abilities includes the skill of taking wickets.
Past achievement markers, together with recognition standing, serve as evaluation elements (wickets taken by players in past IPL editions and international competitions).
The balance between bidding teams defines the market element known as Demand and Supply.
In the IPL, the direct pricing system is not in place, but effective bowlers who demonstrate consistent wicket-taking abilities receive higher salaries due to their high value in T20 cricket. The number of wickets a bowler secures in domestic matches, along with international and IPL competition, leads to increased value during auction time.
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