For the time being, Shreyas Iyer has become the second-most expensive player when it comes to the history of the Indian Premier League after Rishabh Pant who became the highest-bid player in IPL history within minutes. An intense bidding war for the skipper of the defending champions concluded with the Punjab Kings making the last bid for Iyer, valuing him at INR 26.75 crore. Starting with Iyer’s base price of INR 2 crore, it was the Kolkata Knight Riders who made the first move.
PBKS and KKR were involved in a vigorous fight for Iyer up until the INR 7 crore mark was reached post which PBKS seemed to have eased out. However, they entered back into the race as they re-entered at the INR 10.25 crore mark. From thereon, it was a battle between PBKS and the Delhi Capitals. Both the franchises did not seem to give any indication of stopping, with Iyer’s valuation going past the previous range of the INR 24.75 crore mark set last year by Mitchell Starc, making him the second-most expensive player behind Rishabh Pant at the moment.
At the present moment, he remains the second-most expensive player to have been sold at the 2025 auction. It remains to be seen whether any of the other players manage to surpass the tag of INR 26.75 crore. Only time will tell whether there will be a more expensive player for IPL 2025 with the mega auction in full flow in Jeddah on November 24 and November 25, 2024.
Iyer was the second player to be secured at the spectacle after PBKS used their Right To Match card to bring back Arshdeep Singh for INR 18 crore. Iyer is all set to bring about a certain stature of stability when it comes to the middle-order, owing to him being a quality player of spin.
Also Check: DAY 1: IPL Auction 2025 Live Updates on Players Sold, Unsold, Purse Remaining & Full Squad Details
Here’s how X reacted to Iyer being bought by PBKS
Shreyas Iyer in PBKS pic.twitter.com/P03lIX7CUI
— Sagar (@sagarcasm) November 24, 2024
This man made an entire franchise believe that Shreyas Iyer is worth 26.75 crores 🫡 pic.twitter.com/3to0HS5ehY
— Dinda Academy (@academy_dinda) November 24, 2024
DC’s reaction after PBKS snagged Shreyas Iyer.
“This man played 4D chess!” pic.twitter.com/LAov0vsCmD
— Vipin Tiwari (@Vipintiwari952) November 24, 2024
Shreyas Iyer’s mood:
When he’s getting ₹26.75 Crores.
But has to play for Punjab Kings.#ipl2025auction pic.twitter.com/9BPtLsbY8n
— Shridhar V (@iimcomic) November 24, 2024
Shreyas Iyer and Arshdeep singh to Punjab kings #IPLAuction pic.twitter.com/cJhtykEXYF
— Desi Bhayo (@desi_bhayo88) November 24, 2024
26.75 Crore for Shreyas Iyer #IPLAuction pic.twitter.com/DHF1ESwff2
— Krishna (@Atheist_Krishna) November 24, 2024
Iyer for 26.75 Cr to PBKS. They’ve got their new captain.
Interesting to see how it plays out for Rishabh Pant now #IPLAuction
— Aakash Chopra (@cricketaakash) November 24, 2024
If ordinary batsman like Shreyas Iyer got 26.75 cr just because of winning 1 IPL trophy.
Then just imagine how many would greatest T20 batsman and 5 times IPL winning captain Rohit Sharma get in auction !?? 🤯🤯 pic.twitter.com/UqEdPWELK9
— Aryan (@264Mbps) November 24, 2024
Shreyas Iyer who came into the auction for 18 Cr watching him get 26.75 Cr insted pic.twitter.com/fB8EM2k0ft
— Heisenberg ☢ (@internetumpire) November 24, 2024
26.75 For Shreyas Iyer #IPLAuction pic.twitter.com/avrIwAtAQr
— S.Badrinath (@s_badrinath) November 24, 2024