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February 4th, 2012
Ravindra Jadeja being the costliest player in IPL auction..

Ravindra Jadeja on Saturday expectedly turned out to be the biggest draw for the franchises with Chennai Super Kings buying the young Indian all-rounder for a whopping USD two million (approx. Rs 9.72 crore) in the players’ auction for the fifth edition of the Indian Premier League in Bangalore.

The 23-year-old, whose base price was USD 100,000, went to Chennai after the tie-breaker clause was invoked when two teams — CSK and Deccan Chargers — bid the maximum (USD two million) for the Saurashtra player.

Both the franchises were asked to bid a secret amount in the tie-breaker and it was Chennai which managed to outbid Deccan in this.