Steven Smith, Australian all-rounder today joined Rajasthan Royals (RR). In IPL 7 auctions, Steven Smith sold for INR 4 crores to RR. The bidding for Steven Smith started at Rs 2 crores.
For Steven Smith, at once there was a frantic two-way tussle between Rajasthan Royals and KKR between Rs 3 crores and Rs 4 crores. As Rajasthan Royals reached Rs 4 crores, Kolkata Knight Riders dropped out.
Given that no one had a ‘Right to Match’ Card for Smith, Rajasthan Royals claimed him at a relatively inexpensive price. Smith, during his last IPL season with the now-defunct Pune Warriors India, showed his ability to hit the ball long and big in pressure situations.
src: http://www.cricketcountry.com/news/ipl-7-auctions-steven-smith-sold-to-rajasthan-royals-for-rs-4-crores-96563