Long awaited IPL 2025 Mega Auction kicked off with a bang, delivering a day full of excitement, surprises and record-breaking deals. The franchises spent a combined INR 467.95 crore on the 72 players, giving a dramatic start to the bidding extravaganza. Teams like it Royal Challengers Bengaluru (RCB), Mumbai Indians (MI)and Chennai Super Kings (CSK) demonstrated strategic moves, while others engaged in fierce bidding wars to secure top players.
Shreyas Iyer is grabbing the headlines with a big deal
started with Arshdeep Singh takes center stage as the first player under the hammer. Kings of Punjab (PBKS) used them Right to Match (RTM) A card to keep the left-arm pacer worth INR 18 crore, Sunrisers Hyderabad (SRH). PBKS made headlines again by snacking Shreyas Iyer for a record-breaking INR 24.75 crore, surpassing that number Mitchell Starc‘s IPL 2024 auction set a record INR 23.75 crore.
Rishabh Pant breaks all-time bidding records
The fireworks did not end there. In a historic moment, Lucknow Super Giants (LSG) provided Rishabh pants for an unprecedented INR 27 crore, setting a new benchmark for the highest price ever paid in an IPL auction. KL Rahul, meanwhile, signed Delhi Capitals (DC) For INR 14 crore, a move widely regarded as a potential masterstroke given Rahul’s leadership potential.
Also READ: IPL 2025 (Day 1): Complete list of players sold in mega auction with prices
Strategic spending and the rest of the wallets
With several marquee players off the board, Day 1 ended with RCB having the largest remaining purse of INR 30.65 crore while SRH had the smallest balance of INR 5.15 crore. The conflicting strategies employed by the franchises were evident, with some opting to spend aggressively on high-profile players while others focused on keeping a substantial budget for the second bidding day.
After day 1 of the auction, the purse remains for all 10 IPL teams:
| Team | General Purchases | Remaining Wallet (INR Crore) |
|---|---|---|
| RCB | 6 | 30.65 |
| MI | 4 | 26.10 |
| BKS | 10 | 22.50 |
| GT | 9 | 17.50 |
| RR | 5 | 17.35 |
| CSK | 7 | 15.60 |
| LSG | 7 | 14.85 |
| DC | 9 | 13.80 |
| KKR | 7 | 10.05 |
| SRH | 8 | 5.15 |
