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Hussey, who has been purchased by Kolkata franchise for UDS 625,000, said he initially thought the price was a joke as it was 300,000 Aus dollars more than Ponting and 250,000 Aus dollar higher than legend Shane Warne.
"It was indescribable. I got told and then sat and said 'Are you taking the mickey out of me?' They said it was genuine... it's just remarkable. It's very flattering," Hussey said.
But he was surprised that his Victorian teammate Brad Hodge, who has more international experience, was overlooked.
"I just don't understand it. He's one of the best Twenty20 players in the world, no question. His record for Lancashire and for Victoria is second to none. It doesn't make any sense at all," he said.
"I'm very surprised and I sort of feel a bit embarrassed. I think he (Hodge) is a better Twenty20 player than myself and he's been overlooked. But I'm sure when the second round comes, when top-up players are required he'll get picked up.
He'd have to," he was quoted as saying by the Herald Sun.
Hussey said his brother Mike, an established Test star for Australia who has been rated at USD 381,000 by the Chennai franchise of IPL, was stunned to know the difference in their prices.
"He actually sent me a text message this morning and said, 'I can't believe you're worth double what I am,'" Hussey
said.
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