It's official. Jeddah will be the venue for the upcoming mega auction ahead of the Indian Premier League's 2025 season. The much-awaited event will take place on November 24 and 25. (More Cricket News)
The auction dates coincide with the third and fourth day of India’s first Test against Australia in Perth, which starts on November 22. Further, this is the second successive year the auction is being held overseas as Dubai hosted the previous one ahead of IPL 2024.
Earlier reports were pointing to Riyadh, Saudi Arabia's capital, as the likely venue for the mega auction.
A total of 1,574 players (1,165 Indian and 409 overseas) have signed up for the auction. The list includes 320 capped players, 1,224 uncapped players, and 30 players from Associate nations.
Of the 1,574 cricketers who have registered, 409 are overseas players from 16 countries. The nations range from Italy, United Arab Emirates and Canada to the traditional powerhouses like England, Australia and New Zealand. South Africa, with 91 registrations, had most players signing up.
As for the 1,013 Indians, 48 are capped and 965 uncapped. 152 of the uncapped Indians were a part of previous IPL seasons.
This year’s auction will feature some high-profile India stars such as Rishabh Pant, KL Rahul, Shreyas Iyer and Arshdeep Singh. With each franchise able to fill a maximum squad of 25 players, 204 slots will be up for grabs at the mega auction.
The 10 franchises will collectively have around INR 641.5 crore to spend for the available 204 slots. Out of those 204 slots, 70 are earmarked for overseas players.
Every franchise has an overall purse of INR 120 crore to finalize its squad. But after the retentions, Punjab Kings have the biggest purse remaining, at INR 110.5 crore, to spend at the mega auction. PBKS retained only two uncapped players in the form of Shashank Singh and Prabhsimran Singh for a total of INR 9.5 crore.
On the other hand, Rajasthan Royals have the smallest purse of INR 41 crore left after they retained six players, which is the maximum limit. Kolkata Knight Riders, too, retained six players and will have INR 51 crore to spend at the auction.