Shreyas Iyer hit the jackpot in the auction war, as Punjab Kings bought him for Rs 26.75 crore. He was the 2024 IPL winning captain with Kolkata Knight Riders. KKR released him before the auction. Delhi Capitals and Kolkata Knight Riders also wanted Iyer.

Shreyas Iyer became the most expensive player in IPL history as he was sold to Punjab Kings for an eye-popping Rs 26.75 crore in Jeddah on Sunday.

Rishabh Pant became the most expensive player ever in Indian Premier League history at ₹27 crore. A total of 84 players went under the hammer, including 12 unsold names.

The auction for IPL 2025 started on a roaring note as after Shreyas Iyer, Rishabh Pant bagged an all-time record price.

The 10 IPL teams are looking to form their squads for the next three seasons. Over 500 cricketers will be auctioned during the mega event which is being hosted by Saudi's Jeedah over the course of two days.

Shreyas Iyer sold to the Punjab Kings for Rs 26.75 crore in the IPL 2025 auction. Kolkata Knight Riders secured Venkatesh Iyer with a bid of Rs 23.75 crore. KKR bought him after a bidding war with RCB and LCB.

Shreyas Iyer entered the IPL 2025 mega auction with a sensational century in the opening round of the Syed Mushtaq Ali Trophy 2024 on Friday and as expected triggered a fierce bidding war for his signature for the 2025 player auction in Jeddah on Sunday.

Shreyas was released by the KKR despite leading the side to the IPL title last season, becoming the second captain to do so with the Kolkata-based outfit.

Rishabh Pant became the most expensive player in IPL history as Lucknow Super Giants spent a record sum of Rs 27 crore to sign the wicketkeeper-batter on Day 1 of the two-day mega auction held in Jeddah,

Most expensive players in IPL history: v Check below list of top 10 most expensive players in IPL history 1. Rishabh Pant holds the record of being the most expensive player in IPL history with Rs 27 crore bid from Lucknow Super Giants in IPL 2025 auction.

Rishabh Pant was bought by Lucknow Super Giants for Rs 27 crore in the IPL 2025 Mega Auction, marking a new chapter after his release by Delhi Capitals and a strong comeback in IPL 2024.