During the IPL 2025 Mega Auction held in Jeddah, Saudi Arabia, Shreyas Iyer emerged as the most expensive player in IPL auction history, being sold to Punjab Kings (PBKS) for an astonishing INR 26.75 crores.
This record-breaking bid eclipses the previous highest price of INR 24.75 crores, paid for Australian pacer Mitchell Starc in the 2024 auction.
IPL 2025 Auction Highlights
The auction took place on November 24, 2024, and saw intense bidding wars for several marquee players.
Shreyas Iyer, who entered the auction with a base price of INR 2 crores, was released by Kolkata Knight Riders (KKR) before this season, making him one of the most sought-after players in the auction.
Record-Breaking Bid
The bidding for Iyer escalated quickly as multiple franchises expressed interest with Delhi in the battle till last.
Ultimately, PBKS secured his services after a fierce contest with other teams, showcasing their determination to strengthen their batting lineup ahead of the new season.
Shreyas’s ability to anchor innings and play crucial roles in high-pressure situations made him a prime target for franchises looking to bolster their squads.
Performance Background
Shreyas Iyer has been a standout performer in the IPL and international cricket. His impressive statistics include:
- IPL Matches: Over 80
- IPL Runs: Approximately 2,500
- Average: Around 30 with a strike rate exceeding 130
- T20I Experience: Iyer has also been a vital part of India’s T20 setup, contributing significantly with his batting prowess.
His performances have not only earned him accolades but also established him as a reliable middle-order batsman capable of handling pressure situations.
Strategic Implications for PBKS
Acquiring Iyer at such a high price reflects PBKS’s strategic vision for the upcoming season.
The franchise aims to build a formidable batting lineup that can compete effectively against other top teams in the league.
Shreyas’s experience and skill set are expected to play a crucial role in guiding younger players and anchoring the innings when needed.
Comparison with Previous Auctions
Shreyas Iyer’s record-breaking bid highlights the escalating financial stakes within the IPL.
The previous record held by Mitchell Starc was set during the last auction, where he was bought by KKR for INR 24.75 crores.
