IPL Mega Auction 2025 LIVE: Rishabh Pant, KL Rahul, Shreyas Iyer among plethora of stars going under the hammer
Each franchise started out with an initial purse of ₹120 crore for the auction. This is an increase of 20 per cent from last year. However, teams had to take money out from this purse itself to retain their players which means quite a few of them have had significant chunks of out it slashed out already going into the auction.