Before Delhi Capitals (DC) bid for Rishabh Pant and KL Rahul, they went all out for Shreyas Iyer. DC continued to bid for Iyer even as his price breached the 20-crore mark and the 25-crore mark. They lost the race to Punjab Kings (PBKS),

The IPL auction 2025, held in Jeddah, Saudi Arabia, on November 24th and 25th was a spectacle of record-breaking bids and bold gambles. This years auction saw franchises spend aggressively, with a few deals labelled as potential overpays by fans and analysts alike.

Shreyas Iyer was acquired by Punjab Kings for a record Rs 26.75 crore at the IPL 2025 auction, making him the second most expensive player in IPL hist

Out of ₹120 crore allotted to each franchise, the Punjab-based franchise, co-owned by Bollywood actress Preity Zinta and businessman Ness Wadia, had the highest purse of ₹110.15 crore.

The IPL 2025 mega auction was conducted at Jeddah, in Saudi Arabia, on November 24 and 25, respectively. The 10 franchises spent INR 383.4 crore on 120 Indian players at the mega auction. Arshdeep Singh became the first Indian cricketer to surpass former India cricketer,