HomeSportsCricketIPLIPL 2025: 5,500 percent, RCB recruit beats Rishabh Pant, Shreyas Iyer to get highest pay hike in auction history

IPL 2025: 5,500 percent, RCB recruit beats Rishabh Pant, Shreyas Iyer to get highest pay hike in auction history

IPL 2025: Royal Challengers Bangalore (RCB) bought Jitesh Sharma for Rs 11 crore at the mega-auction.

November 29, 2024 / 13:53 IST
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Jitesh Sharma was bought by RCB for Rs 11 crore. (Photo: PTI)
Jitesh Sharma was bought by RCB for Rs 11 crore. (Photo: PTI)

Plenty of cricketers bagged multi-million deals at the Indian Premier League (IPL) 2025 mega-auction. A total of Rs 639.15 crore was spent at the two-day event in Jeddah, Saudi Arabia which saw some players from humble backgrounds becoming millionaires overnight. One of them was wicket-keeper Jitesh Sharma who received a 5,400 percent hike in salary compared to the IPL 2022 auction. In 2022, Jitesh was bought by the Punjab Kings for Rs 20 lakh and now RCB have signed him for Rs 11 crore.

Royal Challengers Bangalore first won the bid for him at Rs 7 crore but PBKS used the RTM option for him which elevated his price tag to Rs 11 crore. Interestingly, Dhruv Jurel who was retained by the Rajasthan Royals also received a 6,900 increase in salary as he will get Rs 14 crore compared to his previous salary of Rs 20 lakh.

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The IPL 2025 mega auction as expected broke records, first Shreyas Iyer became the most expensive player in IPL history with a price tag of Rs 26.75 crore and it was broken by Rishabh Pant half an hour later as he was bought for Rs 27 crore by the Lucknow Super Giants.