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Punjab Kings entered the Mega Auction with ₹ 110.5 crore (US$13 million), the highest-ever purse in IPL history for any team. [35] During the Mega Auction, the record for the most expensive player in the Indian Premier League , which was previously held by Mitchell Starc ₹ 24.75 crore (US$2.9 million), was broken twice.
In July 2024, the IPL Governing Council announced that a mega auction would be conducted ahead of the 2025 season after a meeting with the owners of the franchises. It was the sixth mega auction of the IPL. The auction was held on 24 and 25 November 2024 in Jeddah, Saudi Arabia. A total of 1,574 players registered for the auction, of which 574 ...
The auction purse for each franchise was set at ₹ 120 crore (US$14 million), and the franchises were deducted a specific amount from the auction purse for every retained player. [14] CSK had a purse of ₹ 55 crore (US$6.4 million) before the auction after mandatory deductions against the retained players. [ 15 ]
In 2010, the IPL became the first sporting event to be broadcast live on YouTube. [ 9 ] [ 10 ] Inspired by the success of the IPL, other Indian sports leagues have been established. [ a ] [ 13 ] [ 14 ] [ 15 ] In 2022, the league's brand value was estimated at ₹90,038 crore (US$11 billion). [ 16 ]
IPL player auction is also a topic for scientific research, for example for building models for the prediction of the selection of a player based on his or her past. [12] From an auction theory perspective, the auction format used by IPL is the English ascending bid auction with physically present bidders. [ 13 ]
The 2025 season will be the 13th season for the Indian Premier League franchise Sunrisers Hyderabad. They will be one of the ten teams competing in the 2025 Indian Premier League . They were the runners-up in previous season after losing the 2024 Indian Premier League final to Kolkata Knight Riders .
The 2025 season will be the 18th appearance for the Kolkata Knight Riders in the Indian Premier League. They are one of the ten teams competing this year and will enter as the defending champions after defeating the Sunrisers Hyderabad by 8 wickets in the previous edition 's final , ending a 10-year trophy drought.
Mallika Sagar was announced as the auctioneer for the hosting of the auction and she replaced Hugh Edmeades for the role as Edmeades stepped aside from hosting the auction due to health issues. [10] [11] Mallika Sagar became the first female auctioneer in the Indian Premier League during the process. [12]