IPL mega auction: Franchises break the bank as Rishabh Pant becomes the most expensive bid

Rishabh Pant shattered IPL records, fetching a historic Rs 27 crore from Lucknow Super Giants, becoming the highest-paid player ever. Shreyas Iyer wasn’t far behind, joining Punjab Kings for Rs 26.75 crore. Kolkata Knight Riders surprised many by using their RTM card to retain Venkatesh Iyer for a whopping Rs 23.75 crore.