IPL 2025 auction Day 1: Rishabh Pant sets record as teams finalize slots and RTMs in Jeddah

The IPL 2025 mega auction began in Jeddah, Saudi Arabia, with Rishabh Pant becoming the most expensive player, sold for Rs 27 crore by Lucknow Super Kings. This makes him the highest-paid player in IPL history. After Day 1, teams have varying slots and Right to Match (RTM) options remaining. Mumbai Indians and Sunrisers Hyderabad have one RTM each for uncapped players, while Delhi Capitals have one for either capped or uncapped players. Chennai Super Kings, Rajasthan Royals, and Kolkata Knight Riders have no RTMs left. Punjab Kings and Royal Challengers Bengaluru each have three RTMs available, while Gujarat Titans and Lucknow Super Giants have one RTM each for capped players.