IPL Auction 2025: Punjab Kings seal Shreyas Iyer for Rs 26.75 crore

IPL Auction 2025: Punjab Kings seal Shreyas Iyer for Rs 26.75 crore
Punjab Kings lifted the paddle for the two most expensive players on Day 1 and locked a potential captain by getting Shreyas Iyer for 24.75 crore and Arshdeep Singh for Rs 18 crore.

Iyer surpassed the record held by Australian pacer Mitchell Starc, bought by Kolkata Knight Riders for Rs 24.75 crore in the last auction.

Among others, Left-arm seamer Arshdeep Singh’s consistency earned him a massive bid of Rs 18 crore, also from Punjab Kings via the Right to Match card. At the same time, South African speedster Kagiso Rabada was bought for Rs 10.75 crore by Gujarat Titans.

Iyer, the former Kolkata Knight Riders captain, started with a base price of Rs two crore.

Delhi Capitals had a bid of Rs 26 crore for him, but PBKS raised the amount to acquire the player. Chennai Super Kings started with the first bid for Arshdeep, whose base price was also Rs two crore.

Eventually, after an intense bidding war, the seamer was bought back by Punjab, who exercised the right-to-match option to complete the deal, having released him earlier. This is the second time an IPL auction is being held outside the country after last year’s event in Dubai.

(With PTI inputs)

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