The new investments brought important changes to the player auction, which took place in March.

In both competitions, teams were allowed to pre-register up to four players each. England white-ball captain Harry Brook was the most expensive signing, staying at Sunrisers Leeds for £460,000.

England white-ball batsman Phil Salt has signed for Welsh Fire in a £450,000 move, while England fast bowler Jofra Archer remains at Southern Brave, having been acquired for £400,000.

Archer is joined by England Test goalkeeper Jamie Smith and joins the Brave for £300,000.

English all-rounder James Coles broke the record for the most expensive Hundred signing at auction when he signed for London Spirit for £390,000. England goalkeeper Jordan Cox also signed for Welsh Fire for £300,000.

Former England Test captain Joe Root joined Welsh Fire for £240,000, while England white-baller Adil Rashid was snapped up for £250,000 by Southern Brave.

English bowlers Josh Tongue and Gus Atkinson signed with the Manchester Super Giants for £200,000 and £70,000 respectively.

In the women’s competition, England captain Nat Sciver-Brunt and Lauren Bell were the most expensive retention signings, at £140,000 each. All-rounder Sciver-Brunt stays with the Trent Rockets, and Lauren Bell stays at Southern Brave.

England all-rounder Alice Capsey has joined Birmingham Phoenix, having been sold for £130,000 in the signing round.

After a year-long break from competition, Indian batsman Smriti Mandhana has joined Manchester Super Giants for £90,000. English spinner Sophie Ecclestone is next, staying at £110,000.

New Zealand all-rounder Sophie Devine and Australian goalkeeper Beth Mooney recorded the most expensive female signings. The duo, both sold for £210,000, joined Welsh Fire and Trent Rockets respectively.

England fast bowler Issy Wong has signed for Southern Brave for £130,000. Wong joins England players Tilly Corteen-Coleman and Sarah Glenn, who the Brave signed for £105,000 and £75,000 respectively.

Batsman Tammy Beaumont, who recently ended her international career, was signed by Birmingham Phoenix for £70,000.