Royal Challengers Bangalore bag Glen Maxwell for INR 14.2 crore

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The Australia allrounder became the first multi-million dollar signing of the 2021 auction

(Conversion rates as follows: USD 1 = INR 73 approx; INR 50 lakh = USD 68,000 approx; INR 1 crore = USD 137,000 approx; INR 10 crore = USD 1,370,000 approx)

Glenn Maxwell, the Australia allrounder, became the first million-dollar signing of the 2021 IPL auction, being snapped up by the Royal Challengers Bangalore for Rs 14.25 crore ($1.95 million). Bidding for Maxwell began at his base price Rs 2 crore and quickly spiralled, with Chennai Super Kings, Rajasthan Royals and Kolkata Knight Riders also fighting for his signature.

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Source: ESPN Crickinfo

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