The 2025 Indian Premier League (IPL) mega auction is set to take place on November 24 in Jeddah, Saudi Arabia, marking only the second time the event is being held outside India. A total of 574 players will be up for grabs over the course of two days, with 48 capped Indians and 193 capped international players in the mix. Key players like Rishabh Pant, KL Rahul, and Shreyas Iyer are all in the INR 2 crore list, generating excitement among fans.

With franchises already retaining 46 players, only 204 slots are available to be filled during the auction, with each team limited to a squad of 25 players including eight overseas players. The reintroduction of the Right-To-Match (RTM) card allows franchises to retain a player they had released, with a twist that the original bidding team can counter a higher bid after the RTM card is used.

The auction process will kick off with two marquee sets followed by capped players based on specializations, uncapped players, and an accelerated auction after the 116th player. This process will see Ricky Bhui as the first player in the accelerated auction, where franchises will list their preferred players to be presented for bidding.

Day 1 of the event will feature the first 12 sets and 84 players, with a structured process of bidding that includes breaks between different categories of players. Day 2 will continue with the remaining players until the accelerated auction. The accelerated auction will be split into two parts, allowing franchises to select their preferred players from the remaining pool.

Overall, the 2025 IPL auction promises excitement and competition as teams look to build their squads for the upcoming season. Fans can expect intense bidding wars and strategic moves from franchises aiming to secure top talent for their rosters.