Laxman sold for $400,000

India's stylish VVS Laxman was purchased by Team Kochi for $400,000 in Round 3 of the IPL Players' Auction.

This is the lowest price paid to purchase a player at the ongoing auction.

The right-hander previously played for Deccan Chargers, but failed to make an impression and was kept out of the side in the last couple of season.