The first day of the IPL 2025 Mega Auction concluded with teams spending a massive ₹467.95 crore on 84 players, including 72 sold and 12 unsold. The auction witnessed several record-breaking bids, headlined by Rishabh Pant, who became the most expensive player in IPL history.

Key Highlights:

Rishabh Pant Makes History: Star Indian wicketkeeper Rishabh Pant was snapped up by Lucknow Super Giants for an unprecedented ₹27 crore, breaking Shreyas Iyer’s record of ₹26.75 crore set earlier in the same auction when Punjab Kings secured him.

KKR’s Big Splash for Venkatesh Iyer: Kolkata Knight Riders went all out to bag all-rounder Venkatesh Iyer, acquiring him for ₹23.75 crore.

Yuzvendra Chahal Sets New Record for Indian Spinners: Punjab Kings made Yuzvendra Chahal the most expensive Indian spinner in IPL history, buying him for ₹18 crore.

Arshdeep Singh Kicks Off Auction: Arshdeep Singh became the first player sold, retained by Punjab Kings via the RTM card for ₹18 crore.

Ishan Kishan Joins SRH: Former Mumbai Indians player Ishan Kishan was picked up by Sunrisers Hyderabad for ₹11.25 crore. Mumbai, who bought him for ₹15.25 crore in 2022, did not go big for him this time.

MI’s Late Entry: Mumbai Indians entered the auction late and made their first buy in Trent Boult for ₹12.50 crore. Day 1 of the auction saw aggressive bidding as franchises vied for top players, with Lucknow Super Giants and Punjab Kings leading in record-breaking purchases. The stage is set for more action on Day 2 as teams look to fill key gaps in their squads.