IPL 2025 Auction: 5 Players Fetch Record-Breaking Prices On Day One

The Indian Premier League (IPL) reaffirmed its status as the world’s biggest cricket league on day one of the mega auction in Jeddah. With franchises spending Rs 558.5 crore to retain 46 players and an auction purse of Rs 641.5 crore for remaining slots, the competition’s scale and financial clout remain unmatched. The top five buys on the first day showcased record-breaking bids, reflecting the league’s unparalleled global appeal and competitive intensity. These five high-priced purchases set the stage for the 2025 IPL.

1. Rishabh Pant

One of the most demanding wicketkeepers at the IPL 2025 auction, Rishabh Pant emerged as the highest-priced bid, with Lucknow Super Giants securing him after a fierce bidding war against teams like Royal Challengers Bangalore, Sunrisers Hyderabad, and Delhi Capitals. Pant's dynamic abilities made him a valuable asset, as he was known for his explosive batting, excellent wicketkeeping, and leadership experience. His versatility and leadership will bolster Lucknow’s squad as they aim to build a strong team for the upcoming season.

2. Shreyas Iyer

Known for his leadership and reliable batting, Shreyas Iyer drew fierce rivalry from the Delhi Capitals, Kolkata Knight Riders, and Punjab Kings. He was eventually acquired by Punjab Kings for Rs 26.75 crore. Iyer’s leadership experience, including leading Kolkata to an IPL title in 2024, brings immense value. He is an essential addition to Punjab's squad for the forthcoming season due to his ability to stabilize the middle order and anchor it.

3. Venkatesh Iyer

Venkatesh Iyer's bid was one of the most surprising of the auction. Despite not being a fixture in the Indian team, his performances with the Kolkata Knight Riders throughout the years made him much sought after. Both Royal Challengers Bangalore and Kolkata Knight Riders competed fiercely for his services, with Kolkata eventually bringing him back for Rs 23.75 crore. His all-round performances and ability to play key roles make him a vital addition to KKR’s squad.

4. Arshdeep Singh

Arshdeep Singh, one of India's best left-arm pacers in T20s, was always expected to spark interest. The Punjab Kings used their Right to Match card to sign him for Rs 18 crore. His ability to bowl with the new ball and in the death overs made him a useful player. His proven track record for India in T20s and his role as a leader in the bowling attack played a key role in his high bid.

5. Yuzvendra Chahal

Yuzvendra Chahal, one of the best leg-spinners in IPL history, became the most expensive spinner ever in the league when Punjab Kings bought him for Rs 18 crore. Despite not being in India’s immediate plans, Chahal’s skills in the middle overs and his consistency in the IPL made him highly valuable. Punjab Kings, with the largest purse among all teams, went all out to secure the experienced spinner to strengthen their bowling attack.

A staggering Rs 467.9 crore was spent overall on the 84 players that were selected by teams on the first day of the IPL 2025 auction. Along with the day's top five most notable buys some big stars included KL Rahul, who signed for Rs 14 crore and Jos Buttler, who got Rs 15.75 crore. Many outstanding players are still up for grabs when the auction's second day gets underway so there should be more excitement. As teams complete their rosters for the forthcoming IPL season it is anticipated that they will continue to engage in strategic bidding.