Purnendu Maji and Srinivas Bhogle present the IPL's Most Valuable and paisa vasool players after 44 matches.
With five consecutive 50s, a tremendous win record, and excellent captaincy (he seems to be smiling all the time), Virender Sehwag is currently the most valuable player of IPL5.
Sehwag is not the most paisa vasool, because he is very expensive. But by costing just over $2000 for every 'run' scored (the MVPI formula collapses a player's batting, bowling and fielding performance into a 'run equivalent'), he continues to be an excellent buy.
Ajinkya Rahane and Mandeep Singh are the most paisa vasool players at the moment, costing just over $50 for every 'run' scored. Other players providing immense value are Chris Gayle (PVI of 759), Faf du Plessis (210), Steven Smith (352), Morne Morkel (837), Dwayne Bravo (366), and Owais Shah (397).
Generally speaking, an auctioned player offers 'outstanding' value if his paisa vasool index (PVI) is below 500 (*****); 'excellent' value if the PVI lies between 500-1000 (****), 'very good' value for a PVI between 1000-1500 (***) and 'good' value for a PVI between 1500-2000 (**).