Jadeja, who has matured into a match-winning all-rounder, could be bought by Mumbai Indians, who had failed to win a transfer two seasons ago.
Pune Warriors, Royal Challengers Bangalore and Delhi Daredevils too would be desperate to bag the all-rounder.
Bought by Kochi Tusker for $95,000, Jadeja could potentially attract a bid over $1.2 million.
"He is an exciting player, who can bat bat, bowl and field with equal measure. We wouldn't be surprised if he goes for even $1.5 million," said a source from a franchise.
RCB, who failed to get Vinay in the bid last year, would be keen to buy the swing bowler, who is handy with the bat.
Pune Warriors too will be interested in Vinay.
McCullum may not be the dashing opener he was in IPL I, but he could be destructive if he finds his bearings.
Kolkata Knight Riders and Rajasthan Royals could possibly bid big for the Kiwi dasher.
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