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Nine years ago, I was a part of the very first IPL auction. And it was a fascinating experience, given the enormously powerful and yet diverse forces in play at the table. Film stars, business moguls and powerful sports administrators, each with their own philosophy and bidding style. Seen many great decisions and some terrible mistakes. The six IPL auctions I attended at the table gave me some fascinating insights about this strange monster which is the IPL auction, which actually has no real parallel in sport. Here are a few. Nobody wins in an ego fight, except other teams: Every once in a while, two extremely powerful and successful individuals start bidding for the same player. And backing down is just not in their genes. At some point it stops becoming about the player and becomes a personal clash of wills and the money goes beyond control. The only people who really benefit are the other teams, as one of the two is going to hugely overpay for the player. Even the player does no...