When a software company starts a new project it would divide the work load among its full- time employees, which would be a blend of experienced as well are fresh hires who would be trained in return for long term benefits towards the company. At times there would be a scenario where a chunk of work needs to be done at min cost and at a quicker pace. Training employees and then expecting an output from them might not be feasible all the time and that is where IT Consultants come into picture.
IT Consultants are experience and technically well equipped individuals who would advise, implement and deploy the IT System on businesses behalf. They are contracted for a predetermined duration on the project and are billed hourly. Because they add so much value they charge heavily and hence much is expected from them without much advice. Every project would have a cap on the amount spent on full-time employees and the IT Consultants. Also fixed is the number of IT Consultants that can be hired in some companies.
Premier League Franchises pick their team in no different way than a software company, which would be a blend of experienced cricketers who are at the top of their game. Well complemented with very talented fresh hires who would contribute and learn at the same in a hind view of long term benefits to these Franchises. To maintain proper balance in the team and to fill in the void gaps, specialist and experienced foreign players or over sea players are hired.
Because of the value they bring into the team they are purchased at a higher price and are typically auctioned and are contracted for a fixed duration of time. Expectations are high from them as they are paid heavily and so their contribution are heavily monitored. Every Franchise would have a cap on amount spent on local and foreign players.
If software companies earn by selling software produced by their employees, Premier League Franchises get richer by selling the game produced by their players. Users enjoy using their favorite software just as much spectators get entertained in watching their favorite game.
I might call that game cricket you might call it soccer.