In the Rediff website, Srinivas Bhogle, Purnendu Maji and Arthur D'Silva crunch numbers to figure out the most valuable player in the IPL so far.

The chief value of the MVP is that it factors in a lot of performance indicators (runs scored, strike rate, wickets taken, economy rate, fielding prowess) into a single index. Better still, the MVP value can be looked upon as a simple "run equivalent". If Shane Watson has a MVP of 292, it means that his combined effort as a batsman, bowler and fielder is equivalent to having scored 292 runs.