CSK Breaks Records with ₹14.20 Crore Bid for Prashant Veer

The IPL 2026 auction saw high drama as Chennai Super Kings splashed₹14.20 crore to sign 20-year-old Prashant Veer, setting a record for the young talent. This bid made him the joint-most expensive uncapped player in the history of the tournament, a record he now shares with his new CSK teammate, Kartik Sharma. The enormous amount, which began with a modest base price of ₹30 lakh, is a clear declaration of purpose from one of the league’s most prosperous teams as well as a momentous occasion for the young cricket player from Amethi. Prashant Veer is a 20-year-old Indian all-rounder who has taken a meteoric leap from domestic circuits to the grand stage of the IPL. A left-handed batsman and a slow left-arm orthodox spinner, he represents Uttar Pradesh in domestic cricket. His swift journey to fame and high IPL valuation comes from standout displays in tournaments like the UP T20 League for Noida Super Kings and the Syed Mushtaq Ali Trophy. His attacking batting and controlled bowling style have drawn comparisons to Ravindra Jadeja of CSK and India. Prashant Veer comes from a modest family in Amethi, Uttar Pradesh. His cricketing dreams were supported from childhood, with sacrifices that included financial help from his grandfather’s pension. He became the most expensive uncapped player in IPL history together with Kartik Sharma, who was also bought by CSK for ₹14.20 crore. Also Read:What is an STP in Mutual Funds? How a Systematic Transfer Plan (STP) Protects Your Investments Despite being early in his career, Veer has shown remarkable potential. He caught scouts’ attention with the Noida Super Kings and earned a place in the Uttar Pradesh senior team. His ₹14.20 crore auction was thrilling. Lucknow Super Giants and Mumbai Indians made initial bids, but the main contest was between CSK and Sunrisers Hyderabad. The price surged from single-digit to double-digit crores before CSK secured him. The team views Veer as a future cornerstone and a possible successor to Ravindra Jadeja’s all-rounderrole. Prashant Veer’s career statistics throughout forms as of December 2025 are summarized in the following table, which shows the potential that drew such a high bid: Note: These statistics are from his early domestic career leading up to the IPL 2026auction. His new ₹14.20 crore contract with CSK has skyrocketed his financial standing, with his estimated net worth now believed to be in the range of ₹15-18 crore, a testament to his rapidrise. CSK’s significant spending on Veer is a strategic long-term move. They view him as a raw talent who may one day succeed Ravindra Jadeja in the important all-rounder position. The high bid highlights his present promise and future potential for the team. A: He was bought by the Chennai Super Kings (CSK) for ₹14.20 crore. A: Along with Kartik Sharma, who was also purchased by CSK for ₹14.20 crore, he became the most expensive uncapped player in IPL history. A: He is a left-handed batsman and a slow left-arm orthodox spin bowler—a genuine all-rounder. A: He hails from Amethi in Uttar Pradesh.