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Punjab Kings entered the Mega Auction with ₹ 110.5 crore (US$13 million), the highest-ever purse in IPL history for any team. [35] During the Mega Auction, the record for the most expensive player in the Indian Premier League , which was previously held by Mitchell Starc ₹ 24.75 crore (US$2.9 million), was broken twice.
Punjab Kings entered the IPL 2025 Mega Auction with a purse of INR 109.5 crore, setting the highest-ever purse in IPL history for any team. [5] During the auction, the record for the most expensive player in IPL history was broken twice.
In July 2024, the IPL Governing Council announced that a mega auction would be conducted ahead of the 2025 season after a meeting with the owners of the franchises. It was the sixth mega auction of the IPL. The auction was held on 24 and 25 November 2024 in Jeddah, Saudi Arabia. A total of 1,574 players registered for the auction, of which 574 ...
The team name was changed to Punjab Kings in February 2021. In 2025 IPL auction, the franchise made the then highest-ever bid for a player in the IPL, paying ₹ 26.75 crore (US$3.1 million) for Shreyas Iyer. [1]
Top 10 Highest Paid Players in IPL 2024 Auction by Forbes ... The initial bid for RR was made by a person named Manoj Bhandale. ... During the 2025 IPL auction on 24 ...
Player auction is a significant aspect of modern sports leagues, prominently observed in cricket and baseball, [1] where teams bid to acquire the services of players for a specific tournament or season. The process involves a blend of strategy, finance, and talent assessment, making it a notable event in the sports calendar.
He acted as a net bowler for the Chennai Super Kings prior to their purchase of him for a Rs 2.2 crore in the 2025 IPL Super Auction following a bidding war between themselves, Lucknow Super Giants and the Gujarat Titans. [2] This figure was more than 7 times his pre-auction base price. [8]
The 2025 season would be the 18th edition of the Indian Premier League organized by the Board of Control for Cricket in India. In July 2024, the IPL Governing Council announced that a mega auction would be conducted ahead of the 2025 season. [2]