Shreyas Iyer was elated to join the Punjab Kings as he was bought by the Mohali franchise for Rs. 26.75 crore on Day 1 of the IPL 2025 Auction on Sunday, November 24. Shreyas went on to break the previous record held by Mitchell Starc for being the most expensive player in IPL auction history,

Punjab Kings, retaining only two players, made waves at the IPL 2025 auction by securing Shreyas Iyer for a record-breaking Rs 26.75 crore and Arshdeep Singh for Rs 18 crore. Releasing big names like Sam Curran and Liam Livingstone,

The two franchises kept on making a bid for the 29-year-old. In the end, the Punjab-based franchise won the bidding war and set a landmark in the history of the cash-rich tournament. Iyer said that he is "elated" to join the Punjab-based franchise and looking forward to the upcoming season.

As IPL 2025 Auction approaches, Punjab Kings hold ₹110.5 crore while Rajasthan Royals face budget constraints. Key strategies emerge.- Watch Video on English Oneindia

Gujarat Titans began the bid for the senior Indian leg-spinner before the likes of Chennai Super Kings, Sunrisers Hyderabad and Lucknow Super Giants joined the bid. However, it was the Punjab Kings who prevailed in the end with a massive bid of INR 18 crore.

Will there be a 25-crore buy? Following the record bids at the IPL 2024 mini auction by KKR and SRH to buy the Australian pair of Mitchell Starc and Pat Cummins respectively, ther

The IPL 2025 auction witnessed intense bidding wars for top players, with teams spending a total of Rs 70.5 crore to acquire six marquee players. Punjab Kings secured Yuzvendra Chahal for Rs 18 crore,

The 10 franchises will have a total auction purse of Rs 641.5 crore after spending over Rs 550 crore in retaining players ahead of the IPL 2025 Mega Auction.

The countdown is nearing its end as Indian Premier League (IPL) 2025 mega auction is just hours away. The auction promises to be a memorable one, with everyone expecting record-breaking bids to happen.