Discover the key highlights from the IPL 2025 auction in Jeddah, including record-breaking buys like Rishabh Pant at Rs 27 crore and Shreyas Iyer at Rs 26.75 crore.
Rishabh Pant Becomes the Most Expensive Player in IPL History The IPL 2025 mega auction, held in Jeddah, Saudi Arabia, has set new benchmarks for Indian cricket. With 574 players under the hammer, the auction witnessed fierce bidding wars, record-breaking deals, and strategic team-building moves. Here’s a detailed look at Day 1 of the auction, focusing on standout moments and the evolving dynamics of franchise cricket.
Rishabh Pant Becomes the Most Expensive Player in IPL History
India’s dynamic wicketkeeper-batsman, Rishabh Pant, stole the show by becoming the most expensive player in IPL history, purchased by Lucknow Super Giants (LSG) for a staggering Rs 27 crore. This jaw-dropping deal broke previous records, marking a historic moment in the league’s legacy. LSG’s owner Sanjiv Goenka revealed that acquiring Pant was a top priority, citing his leadership and match-winning abilities as key factors.
Why Rishabh Pant’s Bid Matters
- Strategic Buy: Pant’s explosive batting and wicketkeeping skills make him a valuable asset in both batting and fielding departments.
- Leadership Potential: Though LSG has not yet confirmed Pant as their captain, his past experience leading Delhi Capitals positions him as a frontrunner.
Shreyas Iyer and Venkatesh Iyer Spark High-Stakes Bidding
Another highlight of the day was the signing of Shreyas Iyer by Punjab Kings (PBKS) for Rs 26.75 crore, making him the second-most expensive player in the auction’s history. Known for his consistency and composure under pressure, Iyer’s addition bolsters PBKS’s middle-order lineup.
Meanwhile, Venkatesh Iyer made headlines with a Rs 23.75 crore deal with Kolkata Knight Riders (KKR), solidifying his reputation as one of the league’s most versatile all-rounders.
India’s T20 World Cup Heroes Command Top Dollar
Several players from India’s 2024 ICC T20 World Cup-winning squad were among the most sought-after in the auction. Teams shelled out significant sums to secure these proven performers:
- Arshdeep Singh: Bought by PBKS for Rs 18 crore, he became the most expensive Indian pacer in the auction.
- Yuzvendra Chahal: Despite missing the World Cup squad, he fetched Rs 18 crore from PBKS, underlining his value as a top-tier spinner.
- Mohammed Siraj: Gujarat Titans bagged him for Rs 12.25 crore, a steal given his recent form.
Key Statistics from Day 1
- Total Players Sold: 84
- Cumulative Spending: Rs 255 crore, surpassing previous records for a single auction day.
- Biggest Spenders: LSG and PBKS emerged as the most aggressive bidders, making marquee signings like Pant and Shreyas Iyer.
Team Strategies and Future Implications
Lucknow Super Giants (LSG)
LSG focused on acquiring strong leaders and explosive players. Pant’s addition, coupled with other key signings, positions the franchise as a top contender for IPL 2025.
Punjab Kings (PBKS)
PBKS aimed to strengthen their bowling and middle-order, with high-value acquisitions like Arshdeep Singh and Shreyas Iyer ensuring balance and depth.
Kolkata Knight Riders (KKR)
Retaining their core team, KKR also splurged on Venkatesh Iyer, reaffirming their commitment to nurturing Indian talent.
What’s Next?
Day 2 of the IPL 2025 auction promises more action as franchises finalize their squads with uncapped players and backup options. With marquee players off the list, teams will now focus on building bench strength and identifying rising stars.
