Venkatesh Iyer became the third most expensive player in the IPL 2025 auction when KKR bought him for a whopping sum of INR 23.75 crore.
Kolkata Knight Riders (KKR) and Royal Challengers Bengaluru (RCB) were involved in a fierce bidding war for Indian all-rounder Venkatesh Iyer on Day 1 of the IPL 2025 mega auction in Jeddah. The contest culminated with KKR securing Iyer’s services for a staggering sum of Rs 23.75 crore, making her the third most expensive acquisition in this year’s auction.
The bidding began with KKR making an initial offer of Rs 2 crore for Iyer. Lucknow Super Giants (LSG) soon entered the fray, raising the price to ₹7.75 crore. KKR managed to outbid LSG but the competition intensified when RCB joined the auction battle.
Both franchises competed aggressively for the 29-year-old all-rounder, with RCB raising the offer to Rs 23.5 crore. In the end, KKR’s decisive bid of Rs 23.75 crore ensured Iyer’s return to the franchise.
Venkatesh Iyer has been performing outstandingly for KKR since his IPL debut
Venkatesh Iyer has been a pivotal figure for KKR in previous seasons. In the IPL 2024 season, he accumulated 370 runs in 14 matches, at an average of 46.25. He also played decisive knocks in the Playoffs and the final, leading to KKR’s third title.
Despite his significant contributions, KKR had previously opted not to retain him, leading to his availability in the 2025 auction. The franchise’s significant investment to reacquire Iyer highlights the recognition of his talent and the strategic importance they place on him. to his role in the team’s future campaigns.
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The 2025 IPL auction has seen several high-profile signings, with Rishabh Pant and Shreyas Iyer bagging record deals of Rs 27 crore and Rs 26.75 crore respectively. KKR’s acquisition of Venkatesh Iyer for Rs 23.75 crore is one of the biggest transactions, reflecting the franchise’s commitment to bolster its team with proven talent.
As the IPL 2025 season approaches, all eyes will be on Venkatesh Iyer to see how he takes advantage of this renewed opportunity with KKR. Fans and analysts alike anticipate that his return will strengthen KKR’s lineup, potentially paving the way for another successful campaign in the league.