The Indian Premier League 2014 Player Auction was held on February 12 and 13 at ITC Royal Gardenia in Bangalore. Unlike previous seasons, the auction was in Indian currency (INR) instead of United States dollars. There were lots of new set of rules, and 13 ‘right to match’ cards were used during the auction. This year, Yuvraj Singh drew the highest bid of Rs 14 crore from the Royal Challengers Bangalore, Dinesh Karthik clinched an incredible Rs 12.5 crore purse from Delhi Daredevils, while Kevin Petersen was the most costly foreign player. For the first time in the history of IPL player auction, uncapped Indian players were also auctioned, in which Karan Sharma was the most expensive player at Rs 3.75 crore.
Most Expensive Players - IPL 20141, Yuvraj Singh (14 Crore)
India's Yuvraj Singh drew the highest bid of Rs. 14 Crore ($2.33 million) and bought by the Vijay Mallya, who owned Bangalore franchise. This cricketer is now back and better than ever, after battling cancer. When Royal Challengers Bangalore (RCB) successfully bid for Yuvi, numerous jaws dropped and eyes popped as he became the most expensive player in the history of IPL auctions. Previously, he was part of the Pune Warriors franchise and bought for $1.8 million in 2011. Recently, he has been out of the form and not a part of the Asia Cup team; however franchise insiders had stated on the eve of the auction that he was still a major player in the IPL. It will be very exciting to observe if the big investment of RCB on Yuvraj Singh pays off!