PHOTOS: 10 hottest buys of the Indian Badminton League

India’s ace shuttler Saina Nehwal was elated on being picked by Hyderabad Hotshots for the Indian Badminton League.

The London Olympics bronze medallist and world No 1 Lee Chong Wei fetched whopping prices of US $120,000 and $135,000 respectively, while unheralded Pradnya Gadre and K Maneesha received unexpectedly high bids.

The money splurged at the inaugural Players' auction, though, was nowhere near cricket’s Indian Premier League. However, for a sport like badminton it was a huge step.

-IBL auction: Saina in Hyderabad, Lee Wei goes to Mumbai

Rediff.com presents the best buys of the IBL.

Player: Saina Nehwal (India)

Team: Hyderabad Hotshots

Base price: $50,000

Player bought: $120,000

Player: Lee Chong Wei (Malaysia)

Team: Mumbai Masters

Base price: $50,000

Player bought: $135,000

Player: Juliane Schenk (Germany)

Team: Pune Pistons

Base price: $50,000

Player bought: $90, 000

Player: PV Sindhu (India)

Team: Lucknow Warriors

Base price: $50,000

Player bought: $80, 000

Player: P Kashyap (India)

Team: Banga Beats

Base price: $50,000

Player bought: $75, 000

Player: Hu Yun (Hong Kong)

Team: Hyderabad Hotshots

Base price: $50,000

Player bought: $50,000

Player: Boon Hoeng Tan (Malaysia)

Team: Delhi Smashers

Base price: $25,000

Player bought: $50,000

Player: Kien Keat Koo (Malaysia)

Team: Delhi Smashers

Base price: $25,000

Player bought: $50,000

Player: Sai Praneeth (India)

Team: Delhi Smashers

Base price: $15,000

Player bought: $40,000

Player: Guru Sai Dutt (India)

Team: Lucknow Warriors

Base price: $25,000

Player bought: $40,000