#5 Mohammad Kaif - IPL 2010 Auction
Mohammad Kaif is widely regarded as one of the greatest fielders to ever play for India. The middle-order batsman changed the way people looked at fitness and also played a lot of fine knocks for the country.
Although he was never known as an explosive batsman, he was bought for $685,000 USD by the Rajasthan Royals in 2008. He only scored 176 runs in 16 matches with a high score of just 34 runs and was axed by the team before the start of the 2009 season.
Nevertheless, in the 2010 IPL auction, he was bought by the Kings XI Punjab for staggering $250,000 USD. He was the most expensive Indian buy in the auction that season. He did not have a great season and had to be dropped mid-season, after appearing in only four games for the Kings XI Punjab.