- Shane Watson sold to Royal Challengers Bangalore for Rs 950 lakhs
- Kevin Pietersen sold to Rising Pune Supergiants for Rs 350 lakhs
- Yuvraj Singh goes to Sunrisers Hyderabad
- Dwayne Smith is the second player to be sold to Gujarat Lions for Rs 230 lakhs
The bidding will be in INR (Rupees) and to make it simpler, we have converted the currencies for you.
Rs I crore = Rs 100 lakhs = Rs 10m = approximately £102, 050 or $148,000
Click here to get the detailed list of team wise players for the IPL 2016.
Thank you for joining our Live Blog of the 2016 IPL auction. It is time for us to say goodbye and hope you enjoyed our coverage. For regular sports updates, please do follow us on www.ibtimes.co.uk/sports
That concludes to IPL 2016 auction process and IPL chairman Rajeev Shukla has taken the stage to say few words.
The last player to go under the hammer in the IPl 2016 auction is Mahipal Lomror.
Delhi Daredevils make a bid of Rs 10 lakhs, which is his base price. The hammer is up and hovering. The hammer will go down for one last time as Mahipal Lomror is SOLD...!!! to Delhi Daredevils.
Akhil Herwadkar is the next player to go under the hammer once again. All-rounder available for Rs 10 lakhs and that is it then. Delhi Daredevils have him for Rs 10 lakhs.
We are back once again. Farhaan Behardien is the first player and Kings XI Punjab for base price of Rs 30 lakhs.
SOLD...!!! Amit Mishra to Gujarat Lions for Rs 10 lakhs
Amit Mishra has not been sold so far and Gujarat Lions make an opening bid of Rs 10 lakhs.
SOLD...!!! Kane Richardson to Royal Challengers Bangalore for Rs 200 lakhs
Kane Richardson's move was pretty good for RCB, considering injury worry to Mitchell Starc.