
Sun Nov 24 02:16:50 UTC 2024: ## IPL 2025 Mega Auction to Shake Up Cricket World in Jeddah
**Jeddah, Saudi Arabia** – The Indian Premier League (IPL) is set to host its mega auction on November 24th and 25th, 2024, in Jeddah, Saudi Arabia. This highly anticipated event will see all 10 franchises rebuild their squads from scratch, with a total of 577 players – 367 Indian and 210 overseas – going under the hammer. The auction will take place at the Abady Al Johar Arena and will be broadcast live on Star Sports Network and streamed on JioCinema.
Star players like Rishabh Pant, Mitchell Starc, KL Rahul, and Jos Buttler are among the highly sought-after players expected to attract significant bidding wars. While 574 players initially registered, three more were added to the list, bringing the total to 577. Each team must secure at least 18 players by the end of the auction.
The auction will introduce a twist to the Right to Match (RTM) rule. Teams can still use their RTM card to buy back a previous player, but the winning bidder will get one final chance to increase their offer before the former franchise has to match the price to retain the player.
Teams enter the auction with varying budgets. Punjab Kings boasts the largest purse at Rs 110.5 crore, while Rajasthan Royals has the smallest at Rs 41 crore. The total budget for all franchises remains at Rs 120 crore. The auction begins at 3:30 PM IST on both days. Cricket fans worldwide eagerly await this spectacle, promising a thrilling and unpredictable reshaping of the IPL landscape.