India's top shuttler and Olympic bronze medallist Saina Nehwal was sold to Hyderabad Hostshots for a whopping $120,000 at the inaugural players' auction of the Indian Badminton League (IBL) here Monday.
World No.1 Lee Chong Wei of Malaysia got the highest bid from Mumbai Masters for $135,000 while Parupalli Kashyap was sold to Banga Beats for $75,000. The three icon players had a base price of $50,000.
The $1 million IBL will be conducted in six cities August 14-31. The richest badminton league in the world will feature almost all the top-50 players in the world.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app