IPL auction records tumble as Pant and Iyer snapped up

Indian wicketkeeper Rishabh Pant became the most expensive player in Indian Premier League history on Sunday when he sold for a record $3.2 million, as teams splashed out on world-class cricketers for the lucrative Twenty20 tournament.

A total of 577 players were up for grabs at the two-day auction in Jeddah, with Pant, England veteran James Anderson and New Zealand all-rounder Rachin Ravindra among the top names.

The 2023 record of 247.5 million rupees Kolkata paid to Australian Mitchell Starc was first breached by Punjab Kings, who the IPL said snapped up Shreyas Iyer for a "handsome" 267.5 million rupees ($3.17 million).

Iyer, 29, captained Kolkata Knight Riders to their third IPL crown this year.

But that record rapidly tumbled.

The IPL reported Lucknow Super Giants paid a "gigantic" 270 million rupees for 27-year-old star keeper Rishabh Pant.

The auction started on a sizzling note when Indian quick Arshdeep Singh's name began a bidding war, which ended with Punjab getting the left-arm pace bowler for $2.13 million.

This year, Australian left-arm quick Starc was not retained by Kolkata -- and went to Delhi Capitals for $1.39 million.

Gujarat Titans paid $1.87 million for England white-ball skipper Jos Buttler, while India pace bowler Mohammed Shami went to Sunrisers Hyderabad for $1.18 million.

Shami, 34, has recovered from a foot injury and is expected to join the Test team in the ongoing series in Australia.