IPL Auction: Punjab buy Livingstone for Rs 11.5 crore; MI fork out Rs 8 crore for Archer

Punjab Kings went in with the biggest pool of Rs 28.65 crore while Lucknow Super Giants, who had a busy Saturday, were left with the least amount of money - Rs 6.90 crore. While most franchises chose to wait and watch, Punjab splurged on two players. At Rs 11.5 crore, Englishman Liam Livingstone became the most expensive overseas buy while the current flavour from West Indies, Odean Smith, was bought for Rs 6 crore.

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