Gambhir sold for record price

Gautam Gambhir was the first player to be sold at the 2011 IPL Players' Auction for a whopping price of $2.4 million.

The Indian opener, who started with a base price of $200,000, was snapped by up Shahrukh Khan-owned Kolkata Knight Riders.

This is the highest ever price paid for a player in the history of the IPL.