Welcome to the live updates of players' auction for the Indian Premier League 2012. It's the fifth season of the millon-dollar league and the stage is set for the hammer to go down.
Who will go where and for how much? All that and much more as the glitterrati of nine franchise gets set for the showdown.
The flash lights are ready, the auctioneer is ready and Cricketnext is ready as well to bring you the action as it unfolds.