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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.
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 ...
According to an independent report conducted by Brand Finance, a London-based company, after the conclusion of the 2017 Indian Premier League, the IPL's business value grew by 37% to an all-time peak of $5.3 billion, exceeding the five-billion-dollar mark for the first time in a season. According to the company's director Savio D'Souza:
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.
The 2025 season will be the 13th season for the Indian Premier League franchise Sunrisers Hyderabad. They will be one of the ten teams competing in the 2025 Indian Premier League . They were the runners-up in previous season after losing the 2024 Indian Premier League final to Kolkata Knight Riders .
The auction purse for each franchise was set at ₹ 120 crore (US$14 million), and the franchises were deducted a specific amount from the auction purse for every retained player. [14] CSK had a purse of ₹ 55 crore (US$6.4 million) before the auction after mandatory deductions against the retained players. [ 15 ]
IPL player auction is also a topic for scientific research, for example for building models for the prediction of the selection of a player based on his or her past. [12] From an auction theory perspective, the auction format used by IPL is the English ascending bid auction with physically present bidders. [ 13 ]
The 2025 season will be the 18th season for the Indian Premier League franchise Delhi Capitals. They will be one of the ten teams competing in the 2025 Indian Premier League . They finished at the 6th place in previous season 's League stage.