KOCHI- IPL team-Sreesanth, Jayawardene , VVS Laxman..

The new IPL team Kochi opened their account and bought S Sreesanth 
for Rs 4.14 crore,
 Mahela Jayewardene of Sri Lanka for Rs 6.9 crores, McCullum, 
2.18 crore and 
VVS Laxman for 1.84 crore in the auction of players for the IPL 4
 which is being progressing in Bangalore from Saturday morning. 
Proceedings at a luxury hotel in the IT hub of Bangalore, presided over by a professional auctioneer from Britain, will begin both days at 11:00 local time (0530 GMT) and be broadcast live on an Indian television channel. 
India's temperamental fast bowler Shantakumaran Sreesanth was happy to be a part of his home team as the Kochi franchise bought him for $900,000 during the players' auction for Indian Premier League (IPL) season four here Saturday.
'Thanks a lot for ur support and wishes..gr8 to be in home team..kochi,' Sreesanth tweeted. 
Sreesanth had a base price of $200,000 and Deccan Chargers were the first to show interest in him. Deccan Chargers and Delhi Daredevils were engaged in a small tussle over the fast bowler, who has been in fine form in the Test series in South Africa. 
The contest continued for three minutes and as his value touched $850,000, Kochi owners jumped in the fray and bought him for $950,000.
Kings XI Punjab, who had bought Sreesanth for $625,000 at the first auction, didn't show any interest in the fast bowler. 
Kochi's coach Geoff Lawson said they took Sreesanth purely on the basis of his current performance and not because he is a local boy.
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