Based on the lines of the Indian Premier League, LPL aims to bring the spirit, enthusiasm, team work and strategic management of IPL to the classrooms within a business framework. Eight teams are formed among students through a process of auction and these teams take part in various forms of sports and related activities on the campus to gain points for their respective teams. At the end, the prize money is distributed to the winning teams. LPL helps to invoke the true strategist, manager and entrepreneur among the students.