The mega auction spans two days due to the larger pool of players up for sale because teams were allowed to retain only a handful of players before the retention deadline.
After ample speculation, the dates and venues for the IPL 2025 auction are finally out, with the venue being changed at the last minute. The dates are set for November 24 and 25 in Jeddah, Saudi Arabia.
The reports initially suggested Riyadh as the venue for the auction, but the reason behind the subsequent change remains unknown. The IPL auction will coincide with the third and fourth day of the first Test between Australia and India in Perth.
The mega auction spans two days due to the larger pool of players up for sale because teams were allowed to retain only a handful of players before the retention deadline. The retention deadline was set at October 31, and ten franchises combined to keep 46 players across Indian and overseas options.
Teams were allowed to retain a maximum of six retentions, and at least one must be an uncapped player. Heinrich Klaasen, the wicketkeeper batter of Sunrisers Hyderabad (SRH) earned the biggest amount of INR 23 crores, whereas Virat Kohli, the batter from Royal Challengers Bengaluru (RCB) and Nicholas Pooran, the wicketkeeper batter of Lucknow Super Giants (LSG), fetched INR 21 crores each.
Teams work with INR 120 crores; Punjab Kings (PBKS) with the biggest purse
Talking about the auction rules, a team has INR 120 crores to form their squad, including the amount spent on player retentions. While other sides have used most of their retentions, Punjab Kings (PBKS) have the biggest purse, for they retained only two uncapped players – Shashank Singh (INR 5.50 crores) and Prabhsimran Singh (INR 4 crores) – and have INR 110.5 crores.
Royal Challengers Bengaluru (RCB) had retained only three players and have the second-highest purse with INR 83 crores. Meanwhile, Rajasthan Royals (RR) have used all their six retentions and INR 79 crores, so they go in with the smallest purse.
The teams that have not retained all six players will be allowed to use RTMs. However, the auction dynamics are fickle, so there’s always some uncertainty about whether they will be able to get them back.
As many as 1574 players have registered for the auction, with 1165 Indians and 409 overseas players on the list. Out of them, 48 are capped Indians and 272 capped internationals.
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