Kevin PetersonKevin Pietersen, who has been valued at more than £1million, will be one of 20 English cricketers involved in the Indian Premier League's player auction on February 6.

Kevin Pietersen and Andrew Flintoff were confirmed as 'category A' players on Thursday and will fetch at least $1.35 million (£950,000) and $950,000 (£665,000) respectively when sold at a hotel in Goa on Feb 6.

Flintoff has a minimum price of £950,000, with Harmison and Collingwood priced at £250,000, Bell at £200,000 and Prior at £150,000.

"This [the price] is based upon the 14 league games and not including the semi-final or final," said Modi. "If they play 10 of the 14 games they get paid according to ratio. If they play seven they get half. Everybody is very much looking forward to having England players coming out here. The players are happy they are all able to participate. They are all very good players and I think it will be very good for the second edition of the IPL."

Modi added: "Everybody is very much looking forward to having England players coming out here. The players are happy they are all able to participate. They are all very good players and I think it will be very good for the second edition of the IPL."

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