Chennai Super Kings

Chennai Super Kings, owned by India Cements, managed to get the prized services of Mahendra Singh Dhoni in the inaugural edition of IPL. Quite understandably, the Indian captain commanded the highest price at the player auctions - a whopping USD 1.5 million. Australia’s batting tour de force Matthew Hayden was roped in to give the batting a destructive edge - and he played his role to perfection in two successive seasons.

Stephen Fleming, who doubled as coach in the second season; the wily Muralidaran; batsman Suresh Raina; and all-rounder Albie Morkel helped Chennai reach the final. When the second round of auctions took place, Andrew Flintoff joined as one of the highest-paid players. In 2009, Hayden scored prolifically while his team entered the semi-final, only to be pipped at the post by RCB. Fleming has now been bought out by the side and is just the coach. At the 2010 auction, the team bought South African Justin Kemp, they also brought in Sri Lankan Thisara Perera for a sum of USD 50,000.