Indian Premier League has created a lot of buzz in the media. It is a twenty-20 cricket tournament run by Indian cricket board. The format has been picked up from English Premier League where respective clubs bid for best players and nationality is not an issue.
IPL has many lessons for budding economists. For instance, I have written an article looking at the auction strategies deployed by the authorities and how a better auction design could have lowered the stakes in the game.
Here are a few links where one can get bulk of the information: