The Indian Premier League (IPL) 2025 mega auction was held in Jeddah, Saudi Arabia, on November 24 and 25.
Held at the Abady Al-Johar Arena over two days, the IPL 2025 auction was an opportunity for the 10 IPL teams to build the core of their squads for the next three seasons.
The IPL mega auction, held once every three years, allows teams to churn their squads and let them start afresh if they want to.
The 10 cricket teams gathered at the IPL 2025 auction to select the best players from a pool 577 cricketers, which included 367 Indians and 210 overseas players.
The minimum base price of a player at the IPL 2025 mega auction was ₹30 lakh while the maximum base price was ₹2 crore.
Lucknow Super Giants acquired Rishabh Pant for ₹27 crore at the IPL 2025 auction, making him the most expensive player in IPL history to date. Earlier, Punjab Kings shelled out ₹26.75 crore for Shreyas Iyer, which saw him hold the record briefly.
Vaibhav Suryavanshi, the 13-year-old rising star from Bihar, became the youngest cricketer to be picked at the IPL auction when Rajasthan Royals secured him for ₹1.1 crore.
IPL 2025 auction: Most expensive players
- Most expensive player at IPL 2025 auction - Rishabh Pant (₹27 crore to LSG)
- Most expensive overseas player at IPL 2025 auction - Jos Buttler (₹15.75 crore to GT)
- Most expensive Indian player at IPL 2025 auction - Rishabh Pant (₹27 crore to LSG)
- Most expensive uncapped player at IPL 2025 auction - Rasikh Dar (₹6 crore to RCB)
Each team was allotted a total budget of ₹120 crore to build a squad of a minimum of 18 players and a maximum of 25 players for IPL 2025. A maximum of eight overseas players were allowed in each team.
IPL 2025 squads, teams, list of players sold and prices
Chennai Super Kings IPL 2025 squad
- Purse remaining - ₹5 lakh
- RTM cards available - 0
- Overseas players - 7
Delhi Capitals IPL 2025 squad list
- Purse remaining - ₹20 lakh
- RTM cards available - 0
- Overseas players - 7
Gujarat Titans IPL 2025 squad
- Purse remaining - ₹15 lakh
- RTM cards available - 0
- Overseas players - 7
Kolkata Knight Riders IPL 2025 squad
- Purse remaining - ₹5 lakh
- RTM cards available - 0
- Overseas players - 8
Lucknow Super Giants IPL 2025 squad
- Purse remaining - ₹10 lakh
- RTM cards available - 1 (capped)
- Overseas players - 6
Mumbai Indians IPL 2025 squad
- Purse remaining - ₹20 lakh
- RTM cards available - 0
- Overseas players - 8
Punjab Kings IPL 2025 squad
- Purse remaining - ₹35 lakh
- RTM cards available - 3 (capped)
- Overseas players - 8
Rajasthan Royals IPL 2025 squad
- Purse remaining - ₹30 lakh
- RTM cards available - 0
- Overseas players - 6
Royal Challengers Bengaluru IPL 2025 squad
- Purse remaining - ₹75 lakh
- RTM cards available - 2 (capped)
- Overseas players - 8
Sunrisers Hyderabad IPL 2025 squad
- Purse remaining - ₹20 lakh
- RTM cards available - 1 (uncapped)
- Overseas players - 7
How IPL 2025 auction worked
Ahead of the IPL 2025 mega auction, the 10 IPL teams were allowed to retain a maximum of six players from their previous squads, with a maximum of five capped players and two uncapped Indians allowed. The total cost of the retained players is then subtracted from the total budget for the auction.
Teams which chose not to use their full quota of six pre-auction retentions had the option to use the balance retention spots as Right to Match (RTM) cards during the auction, with which they had the option to match the highest bid on any of their former players and retain them.
For example, a team retaining four players was entitled to two RTM cards in the auction. The cap on capped and uncapped players was still applied.
Punjab Kings, having retained just two uncapped players, had the biggest purse of ₹110.5 crore at the IPL 2025 auction and the option to use RTM cards on four capped players.
In contrast, inaugural IPL winners Rajasthan Royals and reigning champions Kolkata Knight Riders exercised their full quota of pre-auction retentions and had a budget of ₹41 crore and ₹51 crore, respectively, with no RTM cards left.