Negi, who has found a place in the Indian squad for the Asia Cup and ICC World T20, was bought for Rs. 8.5 crore by Delhi Daredevils.
His base prince was RS 30 lakhs.
Watson remained the highest sold player in this edition of the IPL as he was bought by Royal Challengers Bangalore for a whooping Rs. 9.5 crore .
Indian all-rounder Yuvraj Singh, who recently returned to the international arena as he played for the national side in the T20 series against Australia, was bought by Sunrisers Hyderabad for Rs 7 crore.
Daredevils also bought South Africa's Chris Morris for Rs 7 crore.
On the list were 230 Indian players and 121 overseas players for the franchises to choose from.
There are eight marquee players, including two Indians. The 2016 Player Auction is also the first for the two new IPL teams, Rising Pune Supergiants and Team Rajkot.
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