Harbhajan Singh – 5.5 Crores
Harbhajan Singh can perhaps pride himself in calling a staunch loyalist. He falls into a small and exclusive category of players who have been associated with a single franchise ever since the start of the lucrative league. Harbhajan was country’s top spinner when he made it to the auction list of the 2008 IPL auction. Being in such a favorable position, obviously, has some great perks – one of them being the most attractive talents in the list. Many IPL teams looked keen in getting his services but it was MI who eventually ended up winning him for a princely sum of 5.5 crores. He was the second highest buy made by the franchise that season.