Shreyas Iyer Becomes Most Expensive IPL Player Ever, Sold to Punjab Kings for ₹26.75 Crore

Shreyas Iyer Breaks Records at IPL 2025 Auction

The IPL 2025 Mega Auction witnessed history as Shreyas Iyer shattered all previous records to become the most expensive player in IPL history, sold to Punjab Kings (PBKS) for a staggering ₹26.75 crore. The bidding war for the IPL-winning captain of 2024 highlighted his immense value as a leader and a dependable middle-order batter, attracting aggressive bids from multiple franchises.

The Battle for Iyer: A Bidding War Like No Other

Starting at a base price of ₹2 crore, Shreyas Iyer drew immediate attention. Kolkata Knight Riders (KKR), eager to reclaim their championship-winning captain, opened the bidding. However, Punjab Kings (PBKS) and Delhi Capitals (DC) soon joined the fray, escalating the price quickly beyond ₹5 crore.

The battle intensified when Delhi Capitals, under the guidance of head coach Ricky Ponting, jumped into the mix. With both DC and PBKS in desperate need of a strong leader, the bidding soared beyond ₹15 crore. KKR, despite their initial enthusiasm, bowed out at ₹7.25 crore, leaving DC and PBKS to fight it out.

By the time the price hit ₹20 crore, it was clear this would be a record-breaking auction. Delhi Capitals showed no signs of retreating, pushing the bid to ₹25 crore. However, Punjab Kings, with one of the largest purses in the auction, remained determined, eventually securing Iyer for ₹26.75 crore after an intense exchange.

Why Iyer Was So Coveted

Shreyas Iyer’s IPL credentials make him a prized asset. As a proven leader, he guided KKR to their IPL 2024 title and has consistently delivered with the bat, particularly in high-pressure games. His ability to dominate spinners in the middle overs and anchor an innings made him an ideal candidate for any team looking to strengthen its core.

• Leadership Skills: Iyer is a seasoned captain with a title-winning campaign under his belt, making him a sought-after leader for franchises rebuilding their squads.

• Batting Prowess: Known for his adaptability and flair, Iyer has a knack for delivering in crucial situations.

• Strategic Fit for PBKS: With veteran Shikhar Dhawan retiring, Punjab Kings needed a captain who could also stabilize their batting order. Iyer checks all these boxes.

A Record-Breaking Price

Iyer’s ₹26.75 crore price tag obliterates the previous IPL auction records, underlining the league’s growing financial stakes. His record-breaking sale reflects the high demand for experienced Indian leaders capable of performing under pressure.

Punjab Kings’ Vision for 2025

For Punjab Kings, Iyer’s acquisition is a clear statement of intent. After years of underwhelming performances, the franchise is building a squad to finally secure their maiden IPL title. Ness Wadia, co-owner of PBKS, expressed his satisfaction, stating, “Shreyas Iyer is the perfect leader for our team. He brings experience, calmness, and a winning mentality.”

Bidding Timeline:

1. Base Price: ₹2 crore

2. Initial Bidders: KKR and PBKS

3. Key Battle: DC and PBKS escalated the bid beyond ₹15 crore

4. Record-Breaking Bid: ₹26.75 crore (PBKS outbids DC)

The Road Ahead

The focus now shifts to how Punjab Kings will build their team around Iyer. With significant portions of their auction purse invested in their new captain, PBKS will need to make strategic decisions to balance their squad.

For Iyer, the move to Punjab Kings opens a new chapter. As the most expensive player in IPL history, he carries enormous expectations. However, with his proven track record and composure, he seems well-equipped to lead PBKS in their quest for glory.

Quick Facts:

• Player: Shreyas Iyer

• Base Price: ₹2 crore

• Sold To: Punjab Kings (PBKS)

• Final Price: ₹26.75 crore

• Bidding Highlights: Competed by KKR, DC, and PBKS

Shreyas Iyer’s record-breaking sale is a testament to his value as a player and leader. Punjab Kings have placed a big bet on him, and fans will eagerly await to see if Iyer can deliver the franchise their long-awaited IPL trophy in 2025.