Shreyas Iyer was sold to Kolkata Knight Riders (KKR) for a whopping Rs. 12.25 crore after Shikhar Dhawan, Kagiso Rabada went to Punjab Kings for Rs. 8.25 core and Rs. 9.25 crore respectively on Day 1 of the Indian Premier League (IPL) 2022 mega auction in Bengaluru. Other big names like David Warner, Mohammed Shami were picked up by Delhi Capitals and Gujarat Titans respectively while Faf du Plessis was bought for Rs. 7 crore by Royal Challengers Bangalore(RCB).

Two new teams (Gujarat Titans and Lucknow Super Giants) have joined the existing eight franchises Mumbai Indians, Kolkata Knight Riders, Chennai Super Kings, Royal Challengers Bangalore, Punjab Kings, Delhi Capitals, Sunrisers Hyderabad, and Rajasthan Royals as 10 teams, their owners, coaches, support staffs, scouts join the bidding war in the two-day long IPL 2022 auction that started today.

The 15th edition of the IPL is likely to begin towards the end of March but before that, this auction will decide how the teams pan out for the next few seasons. IPL powerhouses like CSK, MI, KKR have retained as many four players and entered the auction with a lighter purse along with DC, who too have retained four and have the least amount to spend in this auction. Punjab Kings, who retained only two ahead of the auction, have the biggest purse. Bidding was on when we went to Press.