Page 45 - Contributed Paper Session (CPS) - Volume 3

CPS1943 Nandish C. et al.

Player selection strategy: A quantitative
perspective
2
1
Nandish Chattopadhyay , Prajamitra Bhuyan
1 School of Computer Science and Engineering, Nanyang Technological University, Singapore
2 Department of Mathematics, Imperial College London, United Kingdom

Abstract
In most of the professional sporting leagues across the world, players are
selected by team management and owners through various types of auctions.
A ranked list of players is very useful for bidders to decide upon the
preferences of possible buys. In this paper, we propose an efficient scoring
system and ranking scheme of players based on performance and experience
related attributes from the historical data. The proposed methodology
maximally discriminates the players and incorporates both averages and the
consistencies of the performance variables. The method is illustrated with real
life data analysis and simulation study.

Keywords
Auctions; Consistency; Cricket; IPL; Rank

1. Introduction
Historically, professional sports have evolved into a diverse arena of social,
economic and academic interest of research. It attracts huge fan following
across geographical boundaries, and therefore allures massive investments.
Professional sporting leagues take place throughout the year, all around the
world and enjoy colossal viewership. Usually, these leagues are funded or run
by franchises, which have different structures of ownership, and are in general
conducted by the sports governing bodies, authorities and other related
organizations.
A very fundamental aspect of these sports leagues in the process of
building teams, which essentially makes the dynamics of these events quite
different from the other mega-sports carnivals where teams are formed on the
basis of national identity. The most prominent professional sports leagues
include the football leagues of Europe namely the English Premier League in
the UK, the La Liga in Spain, the basketball leagues like the NBA in the United
States, and the cricket leagues like the Indian Premier League in India. In
general, the teams participating in professional leagues are owned by clubs,
companies or individuals on partnerships. These professional leagues are
growing in popularity day by day. Therefore, building a good team is of prime
interest for the club or franchise owners.

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