The Indian Premier League opens its "mega-auction" later Sunday in Saudi Arabia with teams primed to splash out millions of dollars on world-class cricketers for the lucrative Twenty20 tournament.

Legendary James Anderson has entered the auction at 42 years and 117 days, thus making him the oldest among the 577 final list of names. Bihar's 13-year-old Vaibhav Suryavanshi is the youngest of the lot in the IPL 2025 mega auction.

The IPL 2025 Auction day 1 saw all 10 teams splash the cash for some top players in Jeddah, Saudi Arabia on November 24, Sunday.

De facto ruler Crown Prince Mohammed bin Salman has backed extravagant sports investments -- set to culminate in Saudi Arabia hosting the football World Cup in 2034 -- to diversify its oil-rich economy.

A total of 12 marquee players, including Indian stars like Shreyas Iyer, Rishabh Pant and KL Rahul have created a lot of buzz within the cricket fraternity.

A total of 1,574 players will go under the hammer in the upcoming IPL 2025 mega auction in Jeddah, Saudi Arabia on Sunday and Monday which includes 1,165 Indian players and 409 overseas players, all competing for a place in the world`s premier T20 league.