IPL auction 2025: Rishabh Pant most expensive player at 27 crore, Shreyas Iyer goes to PBKS for 26.75 crore

The wait is finally over! The Indian Premier League 2025 auction is going on in Jeddah, Saudi Arabia, for two days, November 24 and 25, 2024. This year, Rishabh Pant becomes the most expensive player of IPL 2025 and goes to Lucknow Super Giants for Rs 27 crore. Shreyas Iyer is the most expensive player and was pursued by the Punjab Kings for Rs 26.75 crore.

In the previous season, the Indian batsman led the Kolkata Knight Riders to the IPL title. The base price for Shreyas was Rs. 2 crore and was pursued by PKBS. The Delhi Capitals pursued his price past Rs. 24.75 crore mark, which was the previous record. But the Punjab Kings finally bagged him for Rs 26.75 crore.

Rishabh Pant, and Shreyas Iyer sets a fresh benchmark in the history of IPL auctions

Shreyas Iyer broke all records by getting signed off for Rs 26.75 crore. He also broke the previous records, when Australian pacer Mitchelle Starc was bought at Rs 24.75 crore by Kolkata Knight Riders (KKR) in Dubai in 2024.?

The earlier bid record for Starc broke the record set by his last auction when Pat Cummins was sold to Sunrisers Hyderabad for Rs 20.5 crore. Shreyas Iyer was praised immensely for his leadership skills and his historical success with KKR the previous year, but despite that, the franchise made a bold decision to let him go.?

How the bidding unfolded?

The bidding kicked off with a base price of Rs 2 crore, and Kolkata Knight Riders (KKR) wasted no time in starting the fight, thinking to bring the Indian batter back as the former leader. Following this, PBKS quickly joined the fray and pushed the bid to up to Rs 6 crore. Going back and forth between KKR and PBKS, Delhi Capitals left no chance to enter the race, bringing its financial power.?

The head coach of the Delhi Capitals, Ricky Pointing, looked determined to reunite with Iyer, as he has worked with him in the past, bid for Rs 24.75 crore. The competition between PBKS and Delhi Capital heated up, and both teams showed no signs of backing off. Amidst this, PBKS quickly signed Iyer for Rs 26.75 crore, making him the most desirable captain of IPL 2025.

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