Two-day Tata IPL mega auction begins in Jeddah

JEDDAH: With the stage set for the much-anticipated Indian Premier League mega auction, the bidding war began at the Abadi Al-Johar Arena in Jeddah on Sunday, where the squads of the 10 franchises will be finalized over two days from a pool of 574 players.

Jay Shah, secretary of the Board of Control for Cricket in India and chairman-elect of the apex cricket body, the International Cricket Council, arrived in the Red Sea city of Jeddah ahead of the TATA IPL 2025 auction.

“This marks Saudi Arabia’s first-ever international cricket event, set to take place on November 24-25, 2024,” the Saudi Arabian Cricket Federation said in a statement to Arab News.

Shah was warmly received at the airport by Prince Saud bin Mishal Al-Saud, chairman of SACF, along with Vice Chairman Nawaf Al-Otaibi and CEO Tariq Sagga.

A number of investors, franchise representatives and officials from the BCCI also arrived in Jeddah in preparation for the highly anticipated auction, which is a key event in the global cricket calendar.

“This historic event marks a new chapter for cricket in Saudi Arabia, as the Kingdom continues to strengthen its position on the global sports stage, in line with its Vision 2030,” SACF said.

The IPL will enter its 18th season next year, and the Red Sea City is an important stop en route, where the squads of the ten franchises — Chennai Super Kings, Delhi Capitals, Gujarat Titans, Kolkata Knight Riders, Lucknow Super Giants, Mumbai Indians, Punjab Kings, Rajasthan Royals, ‎Royal Challengers Bengaluru, and Sunrisers Hyderabad — will be finalized at the mega auction.

After the news of the mega auction to be held at an overseas venue came out, the names of Dubai, London, Riyadh and Jeddah started doing the rounds before the Red Sea City was finalized by the BCCI for the marquee event.

The Abadi Al-Johar Arena, named after the famous Saudi singer, and which has seating capacity of 15,000, hosts the mega event, where the squads of the 10 franchises will be finalized.

Out of a stellar list of marquee players featuring in the TATA IPL auction, Indian pacer Arshdeep Singh raked in the money, becoming the first player to be sold in the Jeddah IPL auction. He received $2.13 million as Punjab Kings used their right-to-match card to beat Sunrisers Hyderabad.

Star India player Rishabh Pant became the most expensive player in the history of the Indian Premier League as Lucknow Super Giants spent a mind-boggling $3.19 million on the wicketkeeper-batter.

The ten franchises are gunning to set their team for the next few years; on Day 1, however, only 84 top cricketers will go under the hammer. On Day 2, the 10 franchises will nominate a set of players who will be auctioned in an accelerated manner, followed by the last round, where the unsold players will be back for auction again.
 
Unlike regular auctions, the mega auction that takes place every three years is spread over two days instead of one. It is one of the most-followed events in cricket, as the ten IPL franchises build their squads for the next three years (2025-27).

As the Tata IPL auction, cricket’s most lucrative event, takes place in Jeddah, franchise representatives will spend more than $71 million across two days.

The Tata IPL 2025 mega auction will see plenty of twists, turns, unexpected signings and records broken, as the availability of Indian and international stars is greater than ever and all ten franchises are looking to rebuild their squads from the start.

A total of 12 marquee players, including Indian stars such as Shreyas Iyer, Rishabh Pant and KL Rahul, have created a buzz within the cricket fraternity. Players have been shortlisted from an initial pool of 1,574 names.

These players will go under the hammer over the two-day mega auction in Jeddah. The list includes 208 overseas players, 12 uncapped overseas talents and 318 uncapped Indian players, according to the cricket reference book Wisden.