In the IPL auction, the chennai team decided to go for M S Dhoni at any cost.This is because they dont have any icon players in their team,so they decided strongly to take
Dhoni.
At the auction- By the time the bid crossed $900,000 mark, there were only two teams bidding for Dhoni one is the Chennai team and the other is the Mumbai team.And then Chennai team raised its paddle to $1 million in reply to this Mumbai went one step ahead and bid $1.1 million.
And then likewise, bidding went to $1.3 million which was bid by the Mumbai team.And the Chennai team, knew that the Mumbai team should pay their icon player Sachin 15% more than their highest bid player,so the Chennai team finally bid $1.5 million for Dhoni and they took the Indian Skipper for their side.
By this Dhoni became the top billion dollar bid in the IPL auction at Mumbai.
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