Former Kolkata Knight Riders: Former Kolkata Knight Riders (KKR) Indian Premier League (IPL) 2024 winning captain Shreyas Iyer was sold to Punjab Kings for a whopping Rs 26.75 crore, the highest ever bid in the history of the tournament in the IPL 2024 Auction here at the Abadi Al Johar Arena in Jeddah on Sunday.

Advertisement

With a base price of Rs 2 crore, KKR wasted no time, making the first bid for their former leader. However, Punjab Kings (PBKS) quickly joined the fray, pushing the price up to Rs. 2.20 crore.

Advertisement

As the price surged to Rs 5 crore, it was a two-horse race between KKR and PBKS. The tension mounted as KKR pushed their bid to Rs. 7.25 crore, but then, in a dramatic twist, Delhi Capitals (DC) threw their hat into the ring with a Rs 7.50 crore offer. DC raised the stakes to Rs 10 crore, but the bid climbed steadily as PBKS and DC traded blows, reaching Rs. 13.50 crore, then Rs 16 crore, and eventually Rs 20 crore.

At Rs 22 crore, PBKS seemed determined, but DC countered with Rs. 22.50 crore as PBKS took the bid to Rs. 24.75 crore, only for DC to push it to Rs 25 crore—as Iyer was now officially the most expensive player in the league’s history

However, PBKS retaliated with Rs 26.25 crore, only to raise the price to Rs 26.75 crore to claim the service of Iyer as a Marquee player.

Punjab Kings have the highest purse of Rs 110.5 crore for the two-day gala event after retaining just two players - Shashank Singh, and Prabhsimran Singh - before the auction.

Advertisement

However, PBKS retaliated with Rs 26.25 crore, only to raise the price to Rs 26.75 crore to claim the service of Iyer as a Marquee player.

Article Source: IANS

Advertisement

About the Author

IANS News
IANS is one of the largest independent private Indian news agency in India. Founded in the year 1986 by Indian American publisher Gopal Raju as the "India Abroad News Service" and later renamed. Their main offices are located in Noida, Uttar Pradesh. Read More
Latest Cricket News