The IPL 2025 auction, held on November 24-25 in Jeddah, Saudi Arabia, set a new record with total spending of ₹639.15 crore, surpassing the ₹551 crore spent in 2022. A standout moment was 13-year-old Vaibhav Suryavanshi becoming the youngest player ever signed at an IPL auction, with Rajasthan Royals acquiring him for ₹1.10 crore.