The Indian Premier League (IPL) 2025 mega auction will be held on November 24 and 25, 2024. This two-day event happens every three years and will let teams rebuild their squads for the new season. Big names like Rishabh Pant, Mitchell Starc, KL Rahul, and Jos Buttler are among the players up for grabs. All 10 IPL teams will participate in the auction, where 577 players will be available for bidding.

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IPL 2025 Mega Auction: Schedule, Location, and Timings
As mentioned earlier, the IPL auction will take place on Sunday, November 24, and Monday, November 25.

For the first time, the auction will be held in Saudi Arabia, at the Abady Al Johar Arena in Jeddah, which can hold 15,000 people.

The auction will begin at 3:30 PM IST on both days.

IPL 2025 Mega Auction: Player Count and Details
A total of 577 players will be available for bidding in the mega auction. Out of these, 367 are Indian players, and 210 are from overseas. Initially, 574 players had registered, but later, Jofra Archer from England, Saurabh Netravalkar from the USA, and Hardik Tamore from India were added to the list.

Each IPL team is required to have a minimum of 18 players in their squad by the end of the auction.

IPL 2025 Mega Auction: Team Budgets and RTM Rule Explained
All IPL franchises have a total budget of Rs 120 crore, but they enter the auction with less due to the retention phase.

Punjab Kings (PBKS) has the highest remaining budget at Rs 110.5 crore, while Rajasthan Royals (RR) has the lowest at Rs 41 crore.

Right to Match (RTM) Rule Explained
The IPL auction features a unique Right to Match (RTM) rule, allowing former franchises the option to buy back their previous player for the price at which they were sold. But, there’s a twist this year.

If a team uses the RTM, the winning team will get one final chance to increase their bid. If the original franchise chooses to use its RTM on this final bid, it can buy back the player.

For example, if KL Rahul is sold for Rs 15 crore to Punjab Kings (PBKS) and his former team, Lucknow Super Giants (LSG), uses their RTM, PBKS will get a chance to raise their bid. If PBKS raises their bid to Rs 17 crore, LSG can only buy back Rahul if they match that amount. If they don’t, the RTM is not used.

IPL 2025 Mega Auction: Live Streaming
The IPL auction will be broadcast live on the Star Sports Network.