IPL 2025 mega auction, being held in Jeddah, has broken the record for the highest amount spent in an IPL auction. The 10 franchises have spent ₹555.4 crore on 94 players in IPL 2025 mega auction so far. The previous record for the highest amount spent in an IPL auction was ₹551.7 crore spent in IPL 2022 mega auction.