Punjab Kings leads IPL auction with largest purse ahead of 2025 event in Jeddah

The IPL mega auction for 2025 will take place in Jeddah, Saudi Arabia, on November 24 and 25. Punjab Kings have the largest auction purse at INR 110.5 crore, significantly more than other teams like Rajasthan Royals, who have the lowest at INR 41 crore. All ten franchises announced player retentions before the auction, impacting their available funds. Kolkata Knight Riders and Rajasthan Royals retained the maximum of six players, reducing their auction budgets considerably. The total salary cap for franchises has increased from INR 110 crore in 2024 to INR 146 crore for 2025. This includes the auction purse, performance pay, and match fees, setting the stage for a competitive auction.