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Latest News: IPL Auction 2010
January 19, 2010, 14:02: That brings us to the end of our live updates. Thank you.

January 19, 2010, 13:57: The list of players who remained unsold goes thus: Daren Ganga, Shakib-ul-Hasan, Doug Bollinger, Sohail Tanvir, Kamran Akmal, Justin Kemp, Ramnaresh Sarwan, Chamara Silva, Tim Bresnan, Imran Nazir, Phillip Huges, Wavell Hinds, Lendl Simmons, Umar Akmal, Upul Thranga, and Jonathan Trott.

January 19, 2010, 13:56: Apologies and clarification that Kaif has indeed been sold to Kings XI Punjab in the second round after having no takers in the first.

January 19, 2010, 13:55: So we have come to end of the live updates. There were not many surprises, besides Kemar Roach. If it was the England duo of Andrew Flintoff and Kevin Pietersen who fetched the highest price in IPL II, it was two West Indies players, Kieron Pollard and Kemar Roach, who commanded the highest price ($ 750, 000 and $ 720, 000 respectively) in IPL III. New Zealand seamer ($ 750, 000) also received a huge boost after recently announcing his retirement from Tests.

January 19, 2010, 13:52: Three u-19 players, Ashok Menaria, Harmeet Singh and Harshal Patel in the draft. Menaria sold to Royal Challengers Bangalore, Harmeet goes to Deccan Chargers and Harshal goes to Mumbai Indians. That concludes the draft and the auction.

January 19, 2010, 13:49: Mohammed Kaif, Daren Ganga, Shakib-ul-Hasan, Doug Bollinger, Sohail Tanvir, Kamran Akmal, Justin Kemp, Ramnaresh Sarwan, Chamara Silva, Tim Bresnan, Imran Nazir, Phillip Huges, Wavell Hinds, Lendl Simmons, Umar Akmal, Upul Thranga, and Jonathan Trott go unsold

January 19, 2010, 13:49: Mohammad Kaif was sold in the second round of bidding to Kings XI Punjab.

January 19, 2010, 13:40: And most importantly, there were no takers for any of the players from Pakistan.

January 19, 2010, 13:40: The three players, who started with the biggest base price ($ 250, 000) -- Shahid Afridi, Graeme Swann and Brad Haddin -- remained unsold.

January 19, 2010, 13:40: Delhi Daredevils paid $ 610, 000 for Wayne Parnell, the young seamer from South Africa as against a base price of $ 200, 000. Kemar Roach, the 21-year-old fast bowler from West Indies, surprised everyone when he was purchased by Deccan Chargers for a whopping $ 720, 000 - against abase price of only $ 100, 000.

January 19, 2010, 13:39: Let's go back to the big purchases made on the day. Kieron Pollard of the West Indies was sold to Mumbai Indians for $ 750, 000 as against a base price of $ 200, 000. New Zealand speedster Shane Bond was bought by Kolkata Knight Riders for $ 750, 000 as well against a base price of $ 100, 000.

January 19, 2010, 13:38: The auction ends.

January 19, 2010, 13:38: Chennai Super Kings retain Justin Kemp for $ 100, 000, Rajasthan Royals have nominated Adam Voges for $ 50, 000 and Kings XI Punjab get back Yusuf Abdulla for $ 50, 000.

January 19, 2010, 13:36: The verdict is clear, teams are only interested in making big purchases.

January 19, 2010, 13:33: Tyrol Henderson, who played for Rajasthan Royals in the second season, remained unsold.

January 19, 2010, 13:32: Thissara Perera, the Sri Lankan all rounder started with a base price of $ 50, 000. Chennai Super Kings bought him at his base price in the opening bid.

January 19, 2010, 13:31: Pakistan's Rana Naved starts and ends at $ 100, 000. No takers for Pakistan players

January 19, 2010, 13:30: New Zealand's Grant Elliott (Base Price: $ 100, 000) and Australia's Ashley Noffke (Base Price: $ 20, 000) also remain unsold.

January 19, 2010, 13:29: Johann van der Wath, the South African bowling allrounder, is not sold.

January 19, 2010, 13:28: Troot unsold. Jason Krejza net (Base Price: $ 50, 000).He too is left unsold.

January 19, 2010, 13:27: It is England's Jonathan Trott's turn now.

January 19, 2010, 13:26: Damien Martyn sold to RR for $ 100, 000.

January 19, 2010, 13:26: Damien Martyn, the former World Cup winner from Australia, starts with a base price of $ 100, 000. Rajasthan Royals bid and succeed.

January 19, 2010, 13:25: Upul Tharanga (Base Price: $ 100, 000)remains unsold.

January 19, 2010, 13:24: The West Indies duo of Wavell Hinds and Lendl Simmons remain unsold.

January 19, 2010, 13:23: No one is keen on bidding players from Pakistan. The franchisees are apprehensive about players getting visas.

January 19, 2010, 13:22: Imran Nazir, with a base price of $ 100, 000 as well, remains unsold.

January 19, 2010, 13:22: Chamara Silva remains unsold.

January 19, 2010, 13:21: Ramnaresh Sarwan's bidding starts at $ 100, 000. Unsold.

January 19, 2010, 13:21: Justin Kemp unsold and so is Darren Ganga.

January 19, 2010, 13:20: Kamran Akmal ($ 100, 000 base price) remains unsold as well.

January 19, 2010, 13:20: England's Tim Bresnan, with a base price of $ 100, 000, remains unsold.

January 19, 2010, 13:19: Sohail Tanvir's bid starts and ends at $ 200, 000. No bidders.

January 19, 2010, 13:08: Kieron Pollard is definitely a good buy for Mumbai Indians as he will be availabale full time.

January 19, 2010, 13:08: The three players, who started with the biggest base price ($ 250, 000) -- Shahid Afridi, Graeme Swann and Brad Haddin -- remain unsold.

January 19, 2010, 13:07: Nita Ambani is happy to have a purchased Kieron Pollard, the "batting allrounder" her team had wished for.

January 19, 2010, 13:06: Mumbai Indians and Kolkata Knight Riders have exhausted their bidding amounts ($ 750, 000) on Kieron Pollard and Shane Bond respectively, and they won't be able to take part in the auction any more.

January 19, 2010, 13:04: Biggest names sold after the first two rounds. Kieron Pollard - $ 750, 000 ($ 200, 000) Shane Bond - $ 750, 000 ($ 100, 000) Kemar Roach - $ 720, 000 ($ 100, 000) Wayne Parnell - $ 610, 000 ($ 200, 000) Eoin Morgan - $ 220, 000 ($ 200, 000)

January 19, 2010, 12:55: Eoin Morgan sold to Bangalore for $ 220, 000.

January 19, 2010, 12:53: Royal Challengers Bangalore start the bid for Morgan.

January 19, 2010, 12:53: Eoin Morgan under the hammer next with a base price of $ 200, 000.

January 19, 2010, 12:52: Kemar Roach sold to Deccan Chargers for $ 710, 000.

January 19, 2010, 12:49: Preity Zinta (Kings XI Punjab) has joined the bidding for Roach, starting at $ 610, 000.

January 19, 2010, 12:46: Chennai and Deccan Chargers in a battle for the 21-year-old quickie.

January 19, 2010, 12:42: Chennai open the bidding for Roach.

January 19, 2010, 12:41: Kemar Roach is up next. The base price for the West Indies fast bowler is $ 100, 000.

January 19, 2010, 12:41: Kaif remains unsold.

January 19, 2010, 12:41: Mohammad Kaif, who played for Rajasthan Royals in the first season, goes under the hammer next. His base price is $ 100, 000.

January 19, 2010, 12:39: Shane Bond sold to Kolkata Knight Riders for $ 750, 000 (in a tie-breaker).

January 19, 2010, 12:38: Bond will soon join the list.

January 19, 2010, 12:38: As Bond's fate is decided, let's remind you that Kieron Pollard (Mumbai Indians) and Wayne Parnell (Delhi Daredevils) have been the biggest buys thus far.

January 19, 2010, 12:37: KKR and Deccan Chargers in a two-way tie for Shane Bond.

January 19, 2010, 12:36: Bond's wish to go to Chennai Super Kings remains unfulfilled. But the Kiwi has ensured himself a good pay package nonetheless.

January 19, 2010, 12:35: Shane Bond has two bids for $ 750, 000 from Deccan Chargers and Kolkata Knight Riders respectively. It is a tie-breaker again.

January 19, 2010, 12:30: The New Zealand speedster's base price is $ 100, 000. Chennai Super Kings and Deccan Chargers battle it out for Bond.

January 19, 2010, 12:29: Next up is Shane Bond.

January 19, 2010, 12:29: Delhi Daredevils buy Wayne Parnell for $ 610, 000.

January 19, 2010, 12:28: Delhi Daredevils and Deccan Chargers battle it out for Parnell.

January 19, 2010, 12:27: South African Wayne Parnell has a base price of $ 200, 000. Bidding is going on for the young fast bowler.

January 19, 2010, 12:25: Swann remains unsold as well.

January 19, 2010, 12:25: Haddin remains unsold.

January 19, 2010, 12:25: England spinner Graeme Swann also has a base price of $ 250, 000.

January 19, 2010, 12:24: Brad Haddin, the Australian wicketkeeper-batsman, next went inside the hammer with a base price of $ 250, 000

January 19, 2010, 12:23: Kieron Pollard sold to Mumbai Indians

January 19, 2010, 12:19: Pollard goes into a tie-break, the first time such a system was used in the IPL auction.

January 19, 2010, 12:19: Four way tie for Kieron Pollard. Chennai Super Kings, Royal Challengers Bangalore, Kolkata Knight Riders and Mumbai India are all in the fray.

January 19, 2010, 12:16: Afridi was one of the biggest buys for Deccan Chargers in the inaugural season. However, he failed to perform.

January 19, 2010, 12:14: There are no bidders for Shahid Afridi.

January 19, 2010, 12:09: British auctioneer Richard Madley is conducting the auction.

January 19, 2010, 12:06: Pool 5 has Sulieman Benn has a base price of $100, 000 and Pool 6 has Abdul Razzaq with the same base price. Will any team value them more than that?

January 19, 2010, 12:02: Shane Bond says he wants to go to Chennai Super Kings. Will he be a replacement for Andrew Flintoff? We will soon find out

January 19, 2010, 11:58: Afridi, Australia’s Brad Haddin and Swann have been placed at the highest base price with a whooping $250,000.

January 19, 2010, 11:58: Some of the big names that’s taking rounds are the Kieron Pollard of Trinidad and Tobago, who blazed his way through in the Champions League T20, Pakistan’s Shahid Afridi, Umar Akmal, Mohammad Aamer, West Indies’ Darren Ganga, Bangladesh skipper Shakib Al Hasan and England’s Graeme Swann.

January 19, 2010, 11:55: We have now 13 slots to fill, instead of the prior 12, and given the fact that palyers will contratced only for an year, the bidders would want to put their best foot forward.

January 19, 2010, 11:54: With some of the big names of international cricket up for grabs, there is obviously a huge buzz around the corner. India’s Mohammad Kaif is the surprise last minute enterant to the original list of 66.

January 19, 2010, 11:54: Welcome friends for the IPL III auction

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