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JEDDAH, Saudi Arabia — The Indian Premier League is the most popular and lucrative Twenty20 cricket competition in the world. Cricket stars from all over the world participate in the 10-team league. Teams build their rosters through an auction system. On Sunday, Rishabh Pant became the most expensive player in the IPL's 16-year history when the Lucknow Super Giants paid $3.2 million for his services. The auction price represents the player's salary. This year's mega auction ahead of the 2025 season took place over two days in Saudi Arabia.
