The IPL auction for the 2025 season is scheduled to take place in Jeddah on November 24 and 25, with a total of 577 players up for grabs. This year, each team will have a massive purse of Rs 120 crore, which is a significant increase of Rs 30 crore from the previous auction in 2022. The higher budget is expected to lead to intense bidding wars among the teams.
The bid increment amounts for the auction remain the same as last year, with increments of Rs 5 lakh (up to Rs 1 crore), Rs 10 lakh (1 to 2 crores), Rs 20 lakh (2 to 5 crores), and Rs 25 lakh (5 crores onward). The BCCI has clarified that for bids between Rs 1 crore and Rs 2 crore, the incremental bid will be Rs 10 lakh, and for a base price of Rs 1.25 crore, the second bid will be Rs 1.30 crore.
Fans can follow the live updates of the IPL auction on the official website. With the increased purse and a large pool of players available, the auction is expected to be highly competitive, with teams vying for the best talent to strengthen their squads for the upcoming season. Stay tuned for more updates and exciting bidding action during the IPL auction in Jeddah.
