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IPL Auction 2025 – Lucknow buys Rishabh Pant, Shreyas Iyer goes to Punjab Kings
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IPL Auction 2025 – Lucknow buys Rishabh Pant, Shreyas Iyer goes to Punjab Kings

Rishabh Pant has become the most expensive player in IPL history after he was sold to Lucknow Super Giants (LSG) for INR 27 crore (approximately $3.21 million) on the first day of the mega auction in Jeddah. He surpassed the target of Punjab Kings (PBKS), who had bid INR 26.75 crore (approximately $3.18 million) to buy Shreyas Iyer a few minutes earlier.

Both LSG and PBKS needed new captains this season and Pant and Shreyas are likely to fill those roles for them. Both players surpassed the record bid of INR 24.75 crore made by Kolkata Knight Riders (KKR) for Mitchell Starc at the IPL 2024 auction.

LSG and Royal Challengers Bengaluru (RCB) started bidding for Pant, while Sunrisers Hyderabad (SRH) entered the race as soon as RCB dropped out. SRH and LSG increased the offer to INR 20.75 crore, after which SRH folded and Pant was sold to LSG. The auctioneer then asked Delhi Capitals (DC) if they would use a right-to-match (RTM) option to buy back Pant, and DC said yes. As per the new RTM rules in this auction, the team that won the bid was given another chance to increase their bid, which LSG did from INR 20.75 crore to INR 27 crore. DC said they did not want to match that offer, which meant Pant was sold to LSG for a record price.

“No matter how much you plan, things don’t always turn out that way,” says Shashwat Goenka, the owner of LSG. “This (getting Pant for Rs 27 crore) suited our plan very well. It wasn’t really a magic number, we just wanted a number so that the RTM would not be exercised.”

Shreyas was the third player put up for sale from the first group of marquee players and KKR opened the bidding in an attempt to buy back their title-winning captain. However, they stopped bidding at INR 10 crore after which DC and PBKS competed for Shreyas with both teams needing captains. PBKS, which came in with the largest purse of INR 110.5 crore, won the bid for INR 26.75 crore.

Ricky Ponting, the new PBKS coach, said he was happy to work with Shreyas again after their time together at DC. “I haven’t spoken to him yet. I tried calling him before the auction but he didn’t answer,” he said when asked about Shreyas becoming the new PBKS captain. “He has been a successful captain in the IPL before, I worked with him for three to four years in Delhi and he was a championship winner last season. I am happy to work with him again if he can do that for us in the IPL I will be quite happy.”

KL Rahul was the third big Indian batsman in the big sets and although KKR, RCB and CSK all bid for him, he was eventually sold to DC for INR 14 crore ($1.67 million approx) and could become their captain. Rahul’s previous franchise LSG did not exercise the RTM option on him.

Venkatesh Iyer sold for INR 23.75 crore

Perhaps the biggest surprise on the first day, however, was the fierce bidding for all-rounder Venkatesh Iyer from KKR and RCB. He was eventually sold for a whopping INR 23.75 ($2.83 million approximately) to his former franchise KKR, whose most expensive retained player was Rinku Singh for INR 13 crore, followed by Andre Russell, Sunil Narine and Varun Chakravarthy for INR 12 crore each. . Iyer was KKR’s first purchase at the auction.

New houses for Buttler, Starc and Rabada

Rajasthan Royals (RR) tried to buy back Jos Buttler but failed. After competition from PBKS and LSG, GT was able to buy Buttler for INR 15.75 crore (US$1.88 million), to top their order along with Shubman Gill and keep the wicket.

“Very happy to have Jos Buttler in our side. He can bat anywhere, he can stay too, he can help Shubman too,” GT assistant coach Parthiv Patel said. “We wanted to buy our No. 1 bowler and No. 1 batsman from the marquee and we got them both.”

GT started the auction with the third largest purse of INR 73 crore and managed to buy a second player – South African fast bowler Kagiso Rabada – from the first major set, staving off competition from RCB and MI to acquire him for INR 10.75 crore (about $1.28 million). They also picked up Mohammed Siraj from the second set of big players for INR 12.25 crore (approximately $1.46 million).

KKR and MI started bidding for Starc, with RCB also showing interest before he was eventually bought by DC for INR 11.75 crore ($1.40 million approx), which is a huge pay cut from his previous record price of INR 24, 75 crore last year (approximately $2.98 million at the time).

“Pretty excited about the signings. Both KL and Starc are world-class players. In fact, they are currently competing against each other in India against Australia, so it’s quite interesting,” DC head coach Hemang Badani said. “Starc is a match winner, he is a wicket taker, and (we) couldn’t be happier. And with KL Rahul, someone who we think is a bankable player will give you points every season. For me, at the moment This is the best buy of the auction, but there is work to be done.”

Jofra Archer makes a big comeback

Jofra Archer also made a big impression at the auction, as he was not initially listed and was only included late. LSG and MI opened the bidding for him, before it became a race between RR and MI, both of whom Archer has played for in the past. It was eventually sold to RR for INR 12.5 crore; their first purchase at the auction after 37 players bid. Archer last played in the IPL in 2023 where he played just five matches for MI.

Big payday for Chahal

One of the biggest surprises of the IPL 2022 mega auction was that Yuzvendra Chahal was sold to RR for just INR 6.50 crore. This time, however, Chahal had much more interest, with GT, CSK, LSG, RCB and SRH trying to buy him. However, PBKS outbid them all to buy Chahal for INR 18 crore.

“I was quite nervous and anxious because this amount is what I have raised in the last three seasons. I think I deserve this award, and I am very excited,” Chahal said. Jio cinema. “I had an inkling and even my friends told me that I would go to Punjab, but I had no idea that it would be at such a high price. I had INR 12-13 crore in mind, but I will earn this. Wherever When you go, you will always have the opportunity to learn and grow, and I will make sure I work hard and do my best.”

CSK gets busy; quiet start for MI and RR

There were a total of 12 players in the first two selection sets, with PBKS and GT purchasing three each; DC and LSG bought two each; and RCB and SRH bought one. CSK, MI, KKR and RR failed to buy a single player from the big sets.

However, CSK got extremely busy after that and in a short space of time picked up Devon Conway, Rahul Tripathi, Rachin Ravindra and R Ashwin for a total of INR 23.40 crore. It was a big-money homecoming for Ashwin; CSK’s winning bid of INR 9.75 crore ($1.16 million approximately) is the highest ever received at an IPL auction. He last played for CSK in IPL 2015.

RR’s first signing was Archer, the 37th player eligible for a bid, while MI was Trent Boult, who was the 40th.

Arshdeep the only RTM purchase of marquee sets

While there were several opportunities for teams to use their RTM options to buy back their former players in the big sets, PBKS was the only team to do so successfully when they bought back Arshdeep Singh. They exercised their RTM option after SRH increased their last offer for Arshdeep from INR 15.75 crore to INR 18 crore. Later DC bought back Jake Fraser-McGurkl. CSK got back Rachin Ravindra; and MI got Naman Dhir through the RTM route.

Warner, Bairstow unsold

Devdutt Padikkal, from the first set of batters, was the first player to not get a bid in the IPL 2025 mega auction. However, the bigger surprise was when David Warner, one of the IPL’s most prolific batters, also did not get a bid in the first round of the auction. On day two of the auction he was able to return in the accelerated round. The same was the case for Jonny Bairstow, who came up in the wicketkeeping set and also remained unsold.