The IPL Player Auction 2012, held in Bengaluru ahead of the tournament’s fifth season, was marked by a whopping USD 2 million dollar bid for all-rounder Ravindra Jadeja made by two franchises, Chennai Super Kings and Deccan Chargers. The player was sold to the Chennai franchise on the basis of tie-breaker involving a silent bid. Medium pacer Vinay Kumar was the other big purchase at the auction conducted by auctioneer Richard Madley. The Karnataka bowler was picked up by home franchise Royal Challengers Bangalore for USD 1 million. Each of the franchises had a purse of USD 2 million to shop with. The franchises can use the remaining purse only to buy uncapped players during the trading window which opens on February 6.