Player acquisition, squad composition and salaries In the league's first three seasons, teams chose players using a draft system, having previously had the opportunity to sign a limited number of players directly. For the 2023 season, an auction was introduced. Each franchise was allowed to directly sign two local players and two overseas players ahead of the auction. Each franchise operated with a
salary cap of US$1 million, US500,000 of which could be spent on direct signings with the remaining spent in the auction.
Governing Council Sri Lanka Cricket, which is responsible for all elements of the tournament, established a governing council to administer the league. Members of the governing council include Sri Lanka Cricket CEO
Ashley de Silva. The marketing and organisation rights to the LPL were awarded to an Indian-owned Dubai-based company, Innovative Production Group (IPG), in 2020.
Finances The inaugural edition of the league reached a cumulative audience of 557 million through TV, digital-social media and traditional media. According to the 2021 Annual Report of
Sri Lanka Cricket, The league generated revenue of LKR334 million in 2020, LKR463 million in 2021, LKR839 million in 2022. Source:
Newswire.lk, June 2021 ==Criticism==