Shreyas Iyer has made a new world record. He became the most expensive player in IPL auction history. Iyer was bought by the Punjab Kings for a whopping ₹26.75 crores. This is the highest amount ever paid for a player in IPL auctions.
Before Iyer, the previous record was held by Mitchell Starc. Starc was sold for over ₹24 crores last year to Kolkata Knight Riders. But now, Iyer has broken that record. For the first time, a bid of ₹25 crores was reached in the auction.
Breaking the Record
In this auction, Shreyas Iyer was bought by Punjab Kings. They paid a whopping 26 crore 75 lakh for him. This amount is the highest ever paid for a player in IPL auctions. No team has ever spent this much on a single player before. It is exciting to see a new record set!
Details of the Auction
During the auction, the battle was mainly between Punjab Kings and Delhi Capitals. Both teams wanted Iyer. Delhi Capitals had been continuously raising their bid for him. However, they had a limited budget. On the other hand, Punjab Kings had a good amount of money to spend.

When Punjab made their move, they had around ₹90 crores left. They knew they could spend ₹27-28 crores for Iyer without any issue. This strategy worked well for them. They kept raising their bid until it reached ₹26.75 crores.
Eventually, Delhi Capitals could not match this amount. They ran out of money, and Punjab Kings secured Iyer as their new captain. This is a big win for Punjab Kings.
What This Means for Punjab Kings
With Shreyas Iyer on their team, Punjab Kings have a strong leader. Iyer has shown great skills as a captain. He led Kolkata Knight Riders to success in the past. Now, he will bring that experience to Punjab Kings.
This record-breaking bid shows how much teams value top players. It also shows the growing competition in the IPL. Teams are willing to spend big money to get the best players.

Fans’ Reactions
Fans are excited about Shreyas Iyer joining Punjab Kings. They believe he will change the team’s fortunes. Many fans took to social media to express their happiness. They feel that with Iyer, the team has a better chance of winning the IPL title.
Some fans were surprised by the amount spent. They never thought a player would be sold for such a high price. It shows how much the game has evolved and how valuable players like Iyer have become.
Future of IPL Auctions
This auction sets a new standard for future IPL seasons. Teams will now look to invest in quality players. The competition will only get tougher. Players will also look to prove their worth to secure better deals.
Shreyas Iyer’s success will inspire many young cricketers. They will see that hard work and talent can lead to big rewards. Iyer’s journey in the IPL is a great example for them.

Conclusion
In conclusion, Shreyas Iyer has made history in the IPL auction. His record bid of ₹26.75 crores shows how much he is valued in the cricketing world. Punjab Kings have made a smart move in securing him as their captain. Fans are hopeful and excited for the upcoming season. The IPL continues to grow, and we can expect more thrilling moments in the future.
Thank you for reading about this exciting development in IPL history!