Iyer and Pant set new IPL auction records in dramatic bidding war

In the IPL Mega Auction held in Jeddah, Shreyas Iyer set a new record by being sold for Rs 26.75 crore to Punjab Kings. This record was quickly surpassed by Rishabh Pant, who was acquired by Lucknow Super Giants for Rs 27 crore. Both players' deals exceeded $3 million, breaking previous auction records. Pant, released by Delhi Capitals, is expected to captain Lucknow next season after a competitive bidding process involving multiple teams. The auction sparked a wave of memes on social media, particularly on X, as fans reacted to the high-stakes bidding and record-breaking prices.