However, England's limited-overs captain Eoin Morgan and top-order batsman Alex Hales did not earn themselves deals as franchises juggled dwindling budgets and squad size. Tymal Mills, who went for more than 1m last year, also won't be appearing in this year's competition.
Overall, 16 of the England players who put themselves forward were not bought with eight (nine including Jofra Archer) securing deals.
Mills' stock has clearly fallen since the left-arm quick was part of a bidding war a year ago. He has slipped out of England's T20 side and was expensive at this year's Big Bash.
Joe Root, who was ignored on the opening day, was not put through for another round of bidding on Sunday and neither was Jonny Bairstow. The availability of that pair due to their Test positions could have been one of the deciding factors.
Wood fetched GBP165,000 ($234,000) and Billings GBP110,000 ($156,000) as Super Kings held back a significant portion of their budget. Chris Jordan, who remains a regular part of England's T20 squad, was also retained by Sunrisers Hyderabad for GBP110,000 ($156,000).
Wood's deal is excellent news for a fast bowler who has had to battle numerous injuries during his international career. Though he has been included in the Test squad to face New Zealand in March, the player himself has admitted he continues to have doubts have his durability for the longest format.
Billings' time with Super Kings will cause a few headaches for Kent following his appointment as captain. He will miss five rounds of Championship matches at the start of the season, a significant portion of the four-day campaign.
Adil Rashid could not secure a deal, suffering the same fate as the No. 1 T20 bowler in the world, Ish Sodhi, in a competitive field of wristspinners.
Sold England players Moeen Ali, Sam Billings, Jos Buttler, Chris Jordan, Jason Roy, Ben Stokes, Chris Woakes, Mark Wood
Unsold England players Jonny Bairstow, Ravi Bopara, Tom Curran, Joe Denly, Steven Finn, Harry Gurney, Alex Hales, Tom Helm, Dawid Malan, Tymal Mills, Eoin Morgan, Samit Patel, Liam Plunkett, Adil Rashid, Joe Root, David Willey