The Chennai Super Kings saw off a host of other IPL franchises after an intense bidding war to sign Indian youngster Ravindra Jadeja for a mammoth $2 million.
The 23-year-old, who started the auction with a base price of $100,000, quickly saw his value raise as the Super Kings and Chargers tried to out bid each other to sign the most sought after player in the Auction.
With the bid reaching the cap of $2 million, the Super Kings and Chargers entered a secret tie-breaker which was won by the defending IPL champions; as per IPL rules the secret amount will be paid straight to the BCCI.
Others players who were in demand included former Sri Lankan captain Mahela Jayawardene who was signed by the Delhi Daredevils for $1.4 million after playing for the now disbanded Kochi Tusker Kerala last year.
Another former Tusker, Brendon McCullum, found a new home after being brought by the Kolkata Knight Riders for $900,000 while Indian wicket keeper Parthiv Patel was signed by the Deccan Chargers for $650,000.
As in previous year's England's international players weren't in demand because of their availability for the tournament which is restricted because of their home Test series against West Indies in May.
List of players sold
Brendon McCullum - $900,000 to Kolkata Knight Riders (base price $400,000)
Ravindra Jadeja - Maximum purse of $2 million bid by Chennai Super Kings and Deccan Chargers. Bought by Chennai Super Kings for an undisclosed amount (base price $100,000).
Muttiah Muralitharan - $220,000 to Royal Challengers Bangalore (base price $200,000)
Mahela Jayawardene - $1.4 million to Delhi Daredevils (base price $300,000)
Herschelle Gibbs - $50,000 to Mumbai Indians (base price $50,000)
Brad Hodge - $475,000 to Rajasthan Royals (base price $200,000)
Parthiv Patel - $650,000 to Deccan Chargers (base price $200,000)
Dinesh Chandimal - $50,000 to Rajasthan Royals (base price $50,000)
Andre Russell - $450,000 to Delhi Daredevils (base price $50,000)
Mitchell Johnson - $300,000 to Mumbai Indians (base price $300,000)
RP Singh - $600,000 to Mumbai Indians (base price $200,000)
Vinay Kumar - $1 million to Royal Challengers Bangalore (base price $100,000)
Sreesanth - $400,000 to Rajasthan Royals (base price $400,000)
Ramesh Powar - $160,000 to Kings XI Punjab (base price $100,000)
Brad Hogg - $180,000 to Rajasthan Royals (base price $100,000)
Sunil Narine - $700,000 to Kolkata Knight Riders (base price $50,000)
Robin Peterson - $100,000 to Mumbai Indians (base price $100,000)