Prashant Veer’s life changed in a matter of minutes on Tuesday night in Abu Dhabi. The 20-year-old all-rounder from Uttar Pradesh went from a modest base price of ₹30 lakh to a jaw-dropping ₹14.20 crore after Chennai Super Kings went all out for him at the IPL 2026 auction — a massive 47.3 times jump that stunned the auction room.
The aggressive bidding made Veer the most expensive uncapped player in IPL auction history, underlining CSK’s confidence in his long-term potential.
Fierce bidding war before CSK seal the deal
Chennai Super Kings didn’t get Veer easily. Rajasthan Royals showed early intent and pushed the price up quickly, while Sunrisers Hyderabad launched a late charge that briefly threatened to derail CSK’s plans. But Chennai stayed calm, kept raising the paddle, and eventually sealed the deal at ₹14.20 crore.
Interestingly, moments later, CSK matched that figure again to acquire Kartik Sharma, making it one of the most striking auction sequences of the night.
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Who is Prashant Veer?
Veer is a left-arm spinner who can also clear the ropes with ease down the order. Though he is yet to make his IPL debut, his numbers in the shortest format hint at why franchises were excited.
In 12 T20 matches so far, Veer has scored 112 runs at a brisk strike rate of 167.16. With the ball, he has picked up 12 wickets in nine innings, maintaining an impressive economy rate of 6.45 — a rare combination in modern T20 cricket.
His breakout performance came in the UP T20 League, where he impressed for Noida Super Kings and quickly entered the radar of IPL scouts.
A long-term Jadeja-style investment?
Within CSK circles, Veer is seen as more than just a short-term punt. The franchise believes he could eventually grow into a role similar to the one Ravindra Jadeja has occupied for years — a reliable spin option who adds balance with the bat.
CSK’s auction history shows a clear pattern: back young Indian talent, give them time, and build a core for the future. Veer’s price tag suggests the franchise sees him as a key piece in that vision.
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Pressure, expectations, and a big opportunity
A ₹14.20 crore tag brings pressure, no doubt. But it also brings opportunity. Under MS Dhoni’s leadership setup and CSK’s stable environment, Veer will have the chance to develop without the constant fear of being dropped after one bad game.
For a player who was virtually unknown to casual fans a year ago, Tuesday’s auction was nothing short of a dream run.
Author: Axpert Media Sports Desk


