Through the four seasons of the IPL and the three Champions Leagues, the tournaments' rules have often been bent, to the advantage of certain teams.

Lalit Modi, the former IPL commissioner, has said that the sale of Andrew Flintoff to the Chennai Super Kings during the 2009 player auction was rigged and that he "should have not allowed that to happen."

The dramatic pullout of Sahara India from the fifth edition of Indian Premier League (IPL) as franchisee of Pune Warriors and as the main sponsor of the Board of Control for Cricket in India (BCCI) overshadowed the players' auction here on Saturday.

Sunil Narine's $700,000 selling price at the IPL auction 2012 on Saturday may be shocking but it has certainly not come out of the blue.

India all-rounder Ravindra Jadeja lived up to his "hot property" tag in the IPL 5 auction on Saturday with Chennai Super Kings buying him for $2 million. Fast bowler R. Vinay Kumar was a surprise package and was sold to Royal Challengers Bangalore for $1 million.

The BCCI on Saturday made it clear that rules would not be bent for any IPL franchise but it would still reach out to aggrieved sponsors and Pune Warriors owners Sahara India "as soon as practicable to clarify its intentions."

Mumbai Indians' Harbhajan Singh expressed satisfaction at Mumbai's performance in the first half of the IPL auction 2012 on Saturday.

Ravindra Jadeja's hard work has paid off in spades in Saturday's IPL auction. Jadeja has already regained his place in the India side, thanks in part to Yusuf's poor performances. Now he has become the latest member of the IPL's two-million-dollar club.

Catch NDTVSports' blow-by-blow coverage of the IPL auction in Bangalore - Cricket feature story from Indian Premier League 2012.

Sahara India has withdrawn sponsorship of Indian cricket team and the Pune Warriors from the IPL.