Prashant Veer Shines in IPL 2026 Auction with Record-Breaking Bid
In a stunning turn of events at the IPL 2026 auction, young all-rounder Prashant Veer was acquired by the Chennai Super Kings for ₹14.2 crore, making him the most expensive uncapped player in IPL history. With a base price of just ₹30 lakh, his value skyrocketed during the bidding process, showcasing the franchises' commitment to investing in young talent. This deal could significantly impact Veer's career as he steps into his debut IPL season, following impressive performances in the Uttar Pradesh T20 League.
| Dec 16, 2025, 22:52 IST
Surprising Turn of Events at IPL Auction
During the IPL auction held on Tuesday, an unexpected event unfolded that left everyone astonished. Prashant Veer, a young all-rounder from Uttar Pradesh, saw his fortunes soar at the IPL 2026 auction in Abu Dhabi. The Chennai Super Kings made headlines by acquiring him for a staggering ₹14.2 crore.
Astonishing Price Surge
Reports indicate that Prashant Veer's base price was set at a mere ₹30 lakh, yet the bidding escalated dramatically, ultimately reaching nearly 47 times that amount. Initially, the Rajasthan Royals showed interest, but the Sunrisers Hyderabad posed a strong challenge at the last moment. Ultimately, the Chennai Super Kings secured the deal.
Record-Breaking Player
With this transaction, the 20-year-old Prashant Veer has become the most expensive uncapped player in IPL auction history. Interestingly, shortly after, Karthik Sharma also entered this elite category when Chennai acquired him for the same amount.
Player Profile
Prashant Veer is a left-arm spinner known for his ability to score quick runs in the lower order. This will be his debut season in the IPL. In the 12 T20 matches he has played so far, he has scored 112 runs at an impressive strike rate of over 167, while also taking 12 wickets at an economy rate of 6.45 across nine innings.
Rise to Prominence
His remarkable performance in the Uttar Pradesh T20 League for the Noida Super Kings caught the attention of selectors and franchises alike. The Chennai Super Kings view him as a key player for their future, especially in a role that has long been held by Ravindra Jadeja.
Investment in Young Talent
The confidence shown in the IPL auction reflects the franchises' willingness to invest heavily in young Indian talent, and this deal could mark a significant milestone in Prashant Veer's career.