Team Jaipur can afford to spend up to $ 1.7m on buying players this time around, compared to Mumbai Indians’ purse of $ 53,750 and Chennai Super Kings’ $ 71,250.

The next best in spending power will be Bangalore’s Royal Challengers, who have $ 374,000 left in their account.

Therefore, for those who believe that the first round of player auction was a blatant display of tycoons and superstars going on a spending spree, the second round, scheduled to be held on March 11, can expect these buyers to put mind over money.

Jaipur apart, the other seven will walk into the auction room with a collective purse of a mere $1.119m. That is less than what Chennai had spent on buying Mahendra Singh Dhoni or what Hyderabad ended up paying for Andrew Symonds.

The auction begins — without the renowned auctioneer Richard Madley this time — at the Board of Control for Cricket in India (BCCI) office in Mumbai from 1 pm. It will be an internal bidding followed by the draft system adopted for these teams to induct players from the Under-19 world champions team.

The majority of cricketers on sale in the auction are from Pakistan, New Zealand and Australia with star performers of the Twenty20 World Cup Misbah-ul Haq and Mohammad Hafeez, 26-year-old all-rounder Shane Watson, recent one-day star James Hopes and Western Australia’s Luke Pomersbach in fray.

Also in contention will be Bangladesh’s best batsman Mohammad Ashraful and all-rounder Mashrafe Mortaza.

Most agree that Misbah-ul Haq will be in high demand. Only those teams with enough money left will get to have Misbah. He could — going by first round figures — could easily fetch more than $300,000.

“We have a bit of money left to spend and we’ll try and use it wisely,” says Team Bangalore CEO Charu Sharma. The Bangalore team, which has the likes of Rahul Dravid, Jacques Kallis and Shivnarine Chanderpaul as leading batsmen may gun for Misbah simply for the aggressive strike rate. Jaipur team CEO Fraser Castellino is also keeping his fingers crossed.

Players like Mohammad Yousuf and Ashwell Prince, who remained unsold earlier, will be up for bids once again. However, with the rebel Indian Cricket League (ICL) in no mood to relent in Yousuf’s case and with the legal hassles currently still on, there are chances that the Pak middle-order batsman may have no takers yet again.