IPL 2021 Auction: Shahrukh Khan goes to Punjab Kings for Rs 5.25 crore

Uncapped player Shahrukh Khan was bagged by Punjab Kings in the ongoing mini-auction for the 14 th season of the Indian Premier League (IPL) held in Chennai on Thursday.

Shahrukh had his base price of Rs 20 lakh but he went to Punjab Kings for Rs 5.25 crore. Delhi Capitals, RCB, and Punjab Kings all made the bids for him, but in the end, the winning bid was made by Punjab Kings.

Shahrukh was in remarkable form in the recently concluded Syed Mushtaq Ali Trophy and he made a major hand in Tamil Nadu winning the title for the second time.

Earlier, Glenn Maxwell (14.25 crore), Chris Morris (16.25 crore), and Jhye Richardson (14 crore) were the biggest buys in the ongoing auction.

Maxwell was picked up by RCB, while Morris and Richardson went to Rajasthan Royals and Punjab Kings respectively.

The IPL "mini-auction" this year is witnessing 291 players going under the hammer as England pacer Mark Wood withdrew from the auction at the end moment. All these cricketers have been shortlisted by the eight franchises. A total of 164 Indian players, 125 overseas players, and 3 players from associate nations are up for grabs in the mini-auction.

Rs 2 crore is the highest reserve price and two Indian players - Harbhajan Singh and Kedar Jadhav - and eight overseas players - Glenn Maxwell, Steve Smith, Shakib Al Hasan, Moeen Ali, Sam Billings, Liam Plunkett, Jason Roy, and Mark Wood chose to be slotted in the highest bracket.

However, right on the eve of the auction, England pacer Wood decided to withdraw his name in order to spend time with his family, reported ESPNcricinfo.

Twelve players are on the auction list with a base price of Rs 1.5 crore. Hanuma Vihari and Umesh Yadav are the two Indian players in the list of 11 cricketers with a base price of Rs 1 crore.