The ipl
Recap: IPL 2018 Auction Day 1 Report
Bengaluru, Jan 27 - England all-rounder Ben Stokes and Indian youngsters Manish Pandey and Lokesh Rahul emerged as the most valuable players at the Indian Premier League (IPL) auction here on Saturday.
Debut season winners Rajasthan Royals (RR) secured Stokes for an eye-popping Rs 12.5 crore (almost $2 million). Stokes was the most valuable player at last year's IPL auction as well, when he was bought by Rising Pune Supergiant.
Pandey and Rahul were both sold for Rs 11 crore. Pandey was at the centre of an intense bidding war between Sunrisers Hyderabad (SRH) and Kings XI Punjab (KXIP).
He eventually went to Hyderabad at 11 times his base price as Kolkata Knight Riders (KKR) decided not to exercise the Right to Match (RTM) option.
Rahul started at a low base price of Rs 50 lakh. But a bitter tussle between Punjab and Hyderabad greatly inflated his price before the former took him for a whopping Rs 11 crore.
Afghanistan leg-spinner Rashid Khan sprung one of the big surprises at the auction by commanding a price of Rs 9 crore. Kings XI Punjab won the bidding for the 19-year-old, but Sunrisers Hyderabad clinched his services at the last moment by exercising the RTM option.
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