Chennai: Australia all-rounder Glenn Maxwell was sold to Mumbai Indians for $1 million at the Indian Premier League (IPL) auction here  today.
The 24-year-old Victorian was sold for five-times his base price of $200,000, more than Ricky Ponting, who had the highest base price of $400,000.
“Maxwell is a good kid, an exceptional talent and it will be exciting to see him play. It will be nice to have him in the team,” said Anil Kumble, mentor of Mumbai Indians.
Commenting on the buy, Nita Ambani, owner of Mumbai Indians, said: “He is an upcoming all-rounder and we had an eye on him.”
Maxwell has played nine T20 Internationals scoring 47 runs with a highest of 27 while he has taken five wickets as an off-spinner.
He has also played in eight ODIs scoring 197 runs with a highest of an unbeaten 56.
Maxwell is currently playing in a ODI series against the West Indies at home.