Rishabh Pant sets IPL record as highest-paid player in 2025 auction

The IPL 2025 auction in Jeddah saw record spending, with franchises investing INR 467.95 crore on 72 players. Rishabh Pant became the highest-paid player in IPL history, going to Lucknow Super Giants for INR 27 crore. Shreyas Iyer was the second-most expensive player, secured by Punjab Super Kings for INR 26.75 crore. Kolkata Knight Riders re-signed Venkatesh Iyer for INR 23.75 crore, while Punjab retained Arshdeep Singh and signed Yuzvendra Chahal for INR 18 crore each. The auction featured intense bidding, with teams competing fiercely for top talent. Pant's record-breaking deal surpassed the previous highest bid, highlighting the aggressive strategies of franchises to strengthen their squads.