
All rounder Ravindra Jadeja fetched a staggering $ 2 million from the Chennai Super Kings (CSK) in the Indian Premier League auction for season five, which began at Mysore Hall of the ITC Royal Gardenia Hotel here on Saturday.
Jadeja was clinched by CSK in a tie-breaker with Deccan Chargers. His base price was $100,000.
New Zealand´s Brendon McCullum was sold to Kolkata Knight Riders for $ 900,000.
The IPL Player Auction 2012 proceedings will begin at 11:00 am. The auction is being conducted by Richard Madley, a professional auctioneer from England who has conducted each of the previous IPL player auctions.
A total of 144 players, 136 foreigners, are going under the hammer.
The opening match of IPL 2012 will take place on April 4 this year in Chennai.
Bollywood biggies like Shahrukh Khan, who owns Kolkata Knight Riders, and other top guns glammed up the event.