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