Shreyas Iyer became the most expensive player ever in an IPL auction during the 2025 mega auction in Jeddah, Saudi Arabia on Sunday.

Shreyas Iyer would have been a multibagger stock by now. He has been bought by Punjab Kings for a solid Rs 26.75 crore. This was 118.36 per cent higher than Rs 12.25 crore offered by Kolkata Knight Riders (KKR) last auction.

The auction for IPL 2025 started on a roaring note as after Shreyas Iyer, Rishabh Pant bagged an all-time record price.

Shreyas Iyer secures ₹26.75 crore deal at IPL Auction 2025, becoming the second most expensive player in IPL history.- Watch Video on English Oneindia

Pant was the subject of a bidding war between the Lucknow Super Giants and his former side, the Delhi Capitals

Cricket's commercial behemoth, the IPL, raised the bar once again, generating eye-popping bids for the likes of Rishabh Pant and Shreyas Iyer besides providing the opportunity of a lifetime to first-timers including 13-year-old Vaibhav Suryavanshi.

The 2025 IPL auction saw some of the biggest names in cricket being sold for record-breaking prices, with teams splurging huge amounts to secure top talent for their squads. Rishabh Pant, who formerly played for the Delhi Capitals,

A total of 182 players were sold in the two-day IPL 2025 Mega Auction which culminated in Jeddah on Monday with over Rs 639 crore spent.

The Indian Premier League (IPL) 2025 mega auction, which took place over two days in Jeddah, Saudi Arabia, witnessed several record-breaking moments. The event, which concluded on November 25 (Monday),

The IPL auction witnessed some eyebrow-raising bids. Veteran Bhuvneshwar Kumar, despite being out of the Indian team for two years, became the second day's most expensive buy at ₹10.75 crore, joining Royal Challengers Bangalore.