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Dhoni bags $1.5 million at the auction of players for IPL

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Auctioneer Richard Madley could not have imagined the impact of his words on the glittering gathering at the plush Hilton Towers here on Wednesday. Neither could his vast experience at running auctions have prepared him for the frenzy that was to follow his announcement that India one day skipper Mahendra Singh Dhoni had raked in a cool $1.5 million (Rs 6 crore) to top the charts at the auction of players for the inaugural edition of the Indian Premier League. Marking the dawn of a new era in cricket, the bid process saw the Deccan Chronicle's Hyderabad team emerge as the most balanced of the eight outfits, with Andrew Symonds its star buy at $1.35 million (Rs 5.4 crore). The colourful Symonds will be joined by iconic Aussie wicket keeper batsman Adam Gilchrist ($700,000), Pakistan's explosive batsman Shahid Afridi ($675,000) in a team led by the stylish Venkatasai Laxman. Chennai forked out the massive amount spent on Twenty20 world championship winner Dhoni, and he was