The two franchises kept on making a bid for the 29-year-old. In the end, the Punjab-based franchise won the bidding war and set a landmark in the history of the cash-rich tournament. Iyer said that he is "elated" to join the Punjab-based franchise and looking forward to the upcoming season.

Indian pacer Arshdeep Singh was fiercely pursued at the IPL 2025 auction, with Sunrisers Hyderabad bidding a hefty Rs 18 crore. However, Punjab Kings

Shreyas Iyer was acquired by Punjab Kings for a record-breaking Rs 26.75 crore at the IPL 2025 auction, making him the most expensive player in IPL hi

Gujarat Titans began the bid for the senior Indian leg-spinner before the likes of Chennai Super Kings, Sunrisers Hyderabad and Lucknow Super Giants joined the bid. However, it was the Punjab Kings who prevailed in the end with a massive bid of INR 18 crore.

The IPL 2025 mega auction, currently underway in Jeddah, Saudi Arabia, has already witnessed some record-breaking moments, and one player in particular has captured the spotlight: Shreyas Iyer. The auction,

Star India batter Shreyas Iyer has been bought by Punjab Kings for Rs 26.75 crore at the IPL 2025 mega auction being held in Jeddah (Saudi Arabia) on Saturday. Iyer led Kolkata Knight Riders to title triumph earlier this year but in a surprising turn of events,

Shreyas Iyer entered the IPL 2025 mega auction with a sensational century in the opening round of the Syed Mushtaq Ali Trophy 2024 on Friday and as expected triggered a fierce bidding war for his signature for the 2025 player auction in Jeddah on Sunday.

Shreyas Iyer, the dynamic batter and IPL-winning captain, shattered records by becoming the most expensive player ever, fetching an astronomical Rs 26.75 crore from the Punjab Kings (PBKS). The bidding war was nothing short of a spectacle,