IPL Auction 2025 Day 1: Record-Breaking Bids and Team Updates

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The opening day of the Indian Premier League (IPL) 2025 mega auction, held at the Abadi Al Johar Arena in Jeddah, Saudi Arabia, witnessed unprecedented spending as ten franchises shelled out a collective INR 467.95 crore. Among the highlights was Rishabh Pant, who fetched a record INR 27 crore from the Lucknow Super Giants, making him the highest-paid player in IPL history. Punjab Kings emerged as the most aggressive franchise, investing INR 88 crore on eight players, including top buys Shreyas Iyer (INR 26.75 crore) and Yuzvendra Chahal (INR 18 crore). Kolkata Knight Riders secured Venkatesh Iyer for INR 23.75 crore, adding another marquee player to their squad.       A total of 84 players were presented on Day 1, with 68 being sold and four retained using Right-to-Match (RTM) cards. Prominent uncapped players like Rasikh Salam (INR 6 crore by Royal Challengers Bengaluru) and Naman Dhir (INR 5.25 crore by Mumbai Indians) also commanded impressive bids.

Top 5 Buys of Day 1: 

Rishabh Pant - INR 27 crore (Lucknow Super Giants)

Shreyas Iyer - INR 26.75 crore (Punjab Kings)

Venkatesh Iyer - INR 23.75 crore (Kolkata Knight Riders)

Arshdeep Singh - INR 18 crore (Punjab Kings)

Yuzvendra Chahal - INR 18 crore (Punjab Kings)

Despite the record-breaking bids, franchises demonstrated strategic planning to maintain balance. Punjab Kings, for instance, capitalized on their largest purse of INR 110.50 crore to secure priority players while retaining INR 22.50 crore for Day 2. The auction resumes on Day 2 with 32 players under the hammer, followed by an accelerated process for the remaining roster. Teams will continue to finalize their squads for what promises to be one of the most competitive IPL seasons.

Purse Remaining After Day 1:

Royal Challengers Bengaluru: INR 30.65 crore

Mumbai Indians: INR 26.10 crore

Punjab Kings: INR 22.50 crore

Gujarat Titans: INR 17.50 crore

Rajasthan Royals: INR 17.35 crore

Chennai Super Kings: INR 15.60 crore

Lucknow Super Giants: INR 14.85 crore

Delhi Capitals: INR 13.80 crore

Kolkata Knight Riders: INR 10.05 crore

Sunrisers Hyderabad: INR 5.15 crore

As the auction progresses, all eyes will be on how teams allocate their remaining budgets and the final player combinations heading into IPL 2025.