The indian premier league (ipl) is awash with cash. cvc Capital, a European buy-out firm, paid $750m for the Gujarat Titans, one of the cricket extravaganza’s newest teams. In an auction ahead of this year’s competition, which concluded last month (with the Titans’ victory), the ipl’s ten sides splurged $71m on 204 players, five times the amount spent five years ago (when there were eight of them).
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Another auction, held
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