The LIBA Premier League-LPL is one of the most exciting events in LIBA. It is much awaited and is a mix of sports and arts competitions. The highlight of LPL is its auction event. This auction took place in the last week of August 2019. With six teams (Madras United, Hyderabad Nawabs, Badass Bangalore, Bombay Badshaas, Kochi Kombans and Kolkata Kingpins) having five team owners each, the teams have to bid for five players among thirty star players. The team owners negotiated and debated for hours to decide which star players they wanted in their teams. With the bidding having taken place the rest of the students were split into these teams based on a drawing of lots. The event was a mega success and thoroughly memorable.