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Star India placed the winning bid for the media rights to the Indian Premier League (IPL) for the next five years. The consolidated global bid for the IPL media rights placed by Murdoch's India subsidiary was Rs 16,347 crore, exceeding the sum of the individual bids, which was Rs 15,819 crore. Star India was the only bidder to place a global bid. Sony Pictures Network India, the incumbent television rights holder, bid for the India TV rights for Rs 11,500 crore. This was the highest individual bid in any category. The sum of all the rights bids in case of Star India was Rs 7,882.47 crore. However, this time, the BCCI had allowed companies to put in one composite bid for global TV and digital rights, which could be different from the sum of the individual bids the company has made.

11: 00 am Tymal  Mills was in demand as four teams bid for him, ultimately going to RCB for Rs 12 crore. A total of Rs 6.9 crore was spent in acquiring fast bowlers while wicketkeepers seemed out of favour as only one out of the batch of six found a buyer, that too at base priceKKR entered the bidding for the first time this season with  Trent Boult. The Knightriders have just four overseas players in the squad currently and need more players from abroad. They were joined in the bid battle by  Mumbai Indians  who bowed out at KKR’s bid of Rs 5 crore. Boult played for the Hyderabad team in 2016 and this year, will don the KKR jersey. English bowler Tymal Mills saw some aggressive bidding as well as Mumbai Indians and Kings XI Punjab held their ground against each other. Both the teams did not shy from upping the stakes till Mumbai bowed out at Punjab’s bid of Rs 7 crore. At this point, the bid war between KKR and RCB started. RCB came out a winner wit...