Most expensive players in the IPL

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Adam Gilchrist

Australia wicketkeeper Adam Gilchrist was purchased by Deccan Chargers for $700,000.
The wicketkeeper-batsman, who retired from international cricket last year, has been named as the Deccan Chargers captain for this season after the team's dismal showing last year that saw them finish bottom.

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Brendon McCullum, Kumar Sangakkara

Brendon McCullum (left) explosive wicketkeeper-batsman from New Zealand was taken by Kolkata Knight Riders for $7,00,000 after his bid started at $1,75,000.
His Sri Lankan counterpart Kumar Sangakkara also fetched a high price of $700,000 in the inaugural edition. He was bought by the Mohali franchise.

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Albie Morkel, Jacob Oram and Shahid Afridi

South Africa's Albie Morkel (left) was snapped up by Chennai for $6,75,000.
New Zealand all-rounder Jacob Oram (centre) was also bought by Chennai Super Kings for $6,75,000 against his base price of $2,00,000 in 2008, while in the same year, Pakistan's hard-hitting batsman Shahid Afridi also raked in the moolah after being pouched by Deccan Chargers for $6,75,000.
India discard Mohammad Kaif was purchased by Jaipur for $6,75,000 after starting at $ 1,25,000.

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Mohammad Asif

Delhi Daredevils got hold of the now discarded Pakistan pacer Mohammad Asif, who was bought for $6,50,000 last year.
Little-known South African Tyron Henderson, yet to play Tests and ODIs, was snapped up by defending champions Rajasthan Royals for a mammoth $650,000 after starting with a base price of $100,000.

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Daniel Vettori, S Sreesanth

New Zealand captain Daniel Vettori was snapped up by Delhi Draedevils for $625,000 while Sreesanth, known more for his antics on the field, also got a good deal last year after King's XI Punjab purchased him for $6,25000.