The 2016 Indian Premier League season took a step closer on Saturday, when the full squads were revealed for all eight teams following the annual auction in Bangalore. With two new teams entering the fray for this season’s Twenty20 cricket spectacle, the bidding process for those players still on the shelf was eagerly anticipated.

After last year’s runner-up Chennai Super Kings, as well as Rajasthan Royals, were suspended from the IPL for two years on charges of illegal betting and spot-fixing, franchises were awarded to Pune and Rajkot. And it was a former Rajasthan player who became the most expensive buy in this year’s auction. Australian all-rounder Shane Watson, who just last month struck a century in the final Twenty20 international against India, was sold to Royal Challengers Bangalore for a massive $1.4 million, five times his base price.

In Bangalore he will join an already star-studded cast, including India Test captain Virat Kohli, South Africa skipper AB de Villiers and the world’s most renowned exponent of the T20 game, West Indian Chris Gayle.

The biggest story of the auction, though, concerned the uncapped Indian all-rounder Pawan Negi. Just 24 hours after being included in India’s squads for the upcoming Asia Cup and World T20, the 23-year-old, who previously represented Chennai, became a millionaire when being snapped up by Delhi Daredevils for $1.27 million. In doing so, he became the most lucrative Indian in the auction, surpassing fellow million-maker Yuvraj Singh, who went to Sunrisers Hyderabad, and Mohit Sharma, who will turn out for Kings XI Punjab when the IPL season gets underway on April 9.

As well as Watson, Negi and Yuvraj, the fourth million-dollar man at the auction was surprisingly South African all-rounder Chris Morris. The 28-year-old, who has previously turned out for Chennai Super Kings, will join Negi in Delhi after being bought for seven times his base price, at a little over $1 million.

There were some surprises too in the list of players who went unsold. While Australia opening batsman Aaron Finch did get sold to Rajot franchise Gujarat Lions, Martin Guptill, who has recently been in fine form with the bat for New Zealand, and Usman Khawaja, who just made his T20I debut for Australia, were left on the shelf.

Newcomer Rising Pune Super Giants did flex their muscles, spending big to land Australian all-rounder Mitchell Marsh as well as unheralded Indian spinner Murugan Ashwin. One-time England international and veteran IPL man Kevin Pietersen was another player to be snapped up by Pune. The trio join a list of player in Pune that already includes India limited-overs captain Mahendra Singh Dhoni and Australia Test and one-day international skipper Steve Smith.

 The ninth season of IPL will see all eight teams play each other twice in a round-robin format, before the top four go onto the playoffs where they will compete to land the trophy in the final on May 29.

IPL 2016 Team and players (listed in descending order of salary)

Royal Challengers Bangalore

Virat Kohli

Chris Gayle

Shane Watson

AB de Villiers

Mitchell Starc

David Wiese

Sreenath Aravind

Kane Richardson

Stuart Binny

Varun Aaron

Kedar Jadhav

Mandeep Singh

Adam Milne

Sarfaraz Khan

Samuel Badree

Travis Head

Harshal Patel

Praveen Dubey

Abu Nechim

Vikramjeet Malik

Yuzvendra Chahal

Iqbal Abdulla

Akshay Karnewar

Sachin Baby

Vikas Tokas

Kolkata Knight Riders

Gautam Gambhir

Sunil Narine

Robin Uthappa

Piyush Chawla

Yusuf Pathan

Morne Morkel

Shakib Al Hasan

Umesh Yadav

Manish Pandey

Jaydev Unadkat

Ankit Rajpoot

Chris Lynn

John Hastings

Jason Holder

Suryakumar Yadav

Andre Russell

Brad Hogg

Kuldeep Yadav

Colin Munro

Rajagopal Sathish

Sheldon Jackson

Manan Ajay Sharma

Delhi Daredevils

Pawan Negi

Chris Morris

Nathan Coulter-Nile

Mohammad Shami

Carlos Brathwaite

Sanju Samson

Karun Nair

Zaheer Khan

Amit Mishra

Quinton de Kock

Shreyas Iyer

JP Duminy

Rishabh Pant

Mayank AgarwalImran

TahirShahbaz

NadeemSaurabh

TiwaryJoel Paris

Albie Morkel

Sam Billings

Jayant Yadav

Pawan Suyal

Chama Milind

Pratyush Singh

Mahipal Lomror

Khaleel Ahmed

Akhil Herwadkar

Kings XI Punjab

David Miller

Mitchell Johnson

Mohit Sharma

Glenn Maxwell

Manan Vohra

Murali Vijay

Rishi Dhawan

Wriddhiman Saha

Shaun Marsh

Kyle Abbott

Gurkeerat Singh

Sandeep Sharma

K.C. Cariappa

Axar Patel

Marcus Stoinis

Nikhil Naik

Shardul Thakur

Farhaan Behardien

Anureet Singh

Pardeep Sahu

Armaan Jaffer

Swapnil Singh

Mumbai Indians

Rohit Sharma

Lasith Malinga

Kieron Pollard

Harbhajan Singh

Corey Anderson

Ambati Rayudu

Jos Buttler

Nathu Singh

Vinay Kumar

Tim Southee

Krunal Pandya

Parthiv Patel

Kishore Kamath

Jasprit Bumrah

Lendl Simmons

Unmukt Chand

Mitchell McClenaghan

Marchant de Lange

Shreyas Gopal

Siddhesh Lad

Akshay Wakhare

Nitish Rana

Hardik Pandya

J Suchith

Jitesh Sharma

Deepak Punia

Sunrisers Hyderabad

Shikhar Dhawan

Yuvraj Singh

Ashish Nehra

David Warner

Bhuvneshwar Kumar

Deepak Hooda

Trent Boult

Karn Sharma

Eoin Morgan

Mustafizur Rahman

Barinder Sran

Aditya Tare

Moises Henriques

KL Rahul

Parvez Rasool

Kane Williamson

Ben Cutting

Naman Ojha

Vijay Shankar

Abhimanyu Mithun

Ashish Reddy

Tirumalasetti Suman

Bipul Sharma

Ricky Bhui

Siddharth Kaul

Rising Pune Warriors

MS Dhoni

Ajinkya Rahane

Ravichandran Ashwin

Steve Smith

Mitchell Marsh

Murugan Ashwin

Faf du Plessis

Ishant Sharma

Kevin Pietersen

Irfan Pathan

Thisara Perera

Rajat Bhatia

Ashok Dinda

Scott Boland

Adam Zampa

Peter Handscomb

Rudra Pratap Singh

Ishwar Pandey

Ankit Sharma

Ankush Bains

Jaskaran Singh

Deepak Chahar

Baba Aparajith

Gujarat Lions

Suresh Raina

Ravindra Jadeja

Brendon McCullum

James Faulkner

Dwayne Bravo

Praveen Kumar

Dwayne Smith

Dale Steyn

Dinesh Karthik

Dhawal Kulkarni

Aaron FinchEklavya

DwivediAndrew

TyeIshan Kishan

Jaydev Shah

Shadab Jakati

Pravin Tambe

Pradeep Sangwan

Amit Mishra

Shivil Kaushik

Sarabjit Ladda

Akshdeep Nath

Umang Sharma

Paras Dogra