IPL 2025 Mega Auction: Historic Start in Jeddah – Key Highlights
The much-awaited IPL 2025 Mega Auction is finally here, kicking off a thrilling two-day event in Jeddah, Saudi Arabia, on November 24 and 25, 2024. This year’s auction is historic, marking the first time the IPL has ventured outside India for such a pivotal event. The iconic Abady Al Johar Arena, with its 15,000 seating capacity, has been transformed into a battleground for all 10 franchises to strategize and rebuild their squads for the upcoming season.
The Players in Focus
A total of 577 players are in the pool this year, with 367 Indian players and 210 overseas stars ready to be snapped up. Big names like Rishabh Pant, KL Rahul, Mitchell Starc, and Jos Buttler are expected to be the most sought-after during the auction. Notably, late additions to the roster, including Jofra Archer, Saurabh Netravalkar, and Hardik Tamore, have only added to the excitement.
Auction Budgets: A Game of Strategy
The franchises have a starting budget of Rs 120 crore, though retention expenses have affected their actual spending power. Here’s how the franchises are positioned:
- Punjab Kings (PBKS): Rs 110.5 crore – the highest remaining purse.
- Rajasthan Royals (RR): Rs 41 crore – the smallest budget among all teams.
Each team must finalize their roster with at least 18 players by the auction’s conclusion.
The RTM Rule Gets a Twist
This year’s auction brings a twist to the Right to Match (RTM) rule, raising the stakes even higher. The RTM allows a player's former team to buy them back at the auction price, but with a dramatic new element:
- After the RTM is invoked, the bidding franchise can make one final bid.
- The original franchise must match this final bid to reclaim the player.
For instance, if Punjab Kings acquire KL Rahul for Rs 15 crore and Lucknow Super Giants invoke their RTM, Punjab can raise their bid to Rs 17 crore. Lucknow must match this new bid to retain Rahul, or they lose their RTM privilege.
What to Expect
With big names on the table and revamped rules, the auction is already delivering intense moments. As the franchises battle it out for the best talent, the stage is set for surprises, massive bids, and dramatic twists.
Stay tuned for the latest updates and breaking news from the IPL 2025 Mega Auction in Jeddah. The excitement has just begun, and fans worldwide are eagerly waiting to see how their favorite teams will shape up for the new season.
Reference from:- https://timesofindia.indiatimes.com/videos/sports/cricket/ipl-mega-auction-live-updates-catch-all-the-updates-from-jeddah-in-our-live-streaming/videoshow/115625071.cms