Sun Nov 24 16:28:26 UTC 2024: ## KKR Retains Venkatesh Iyer for a Whopping ₹23.75 Crore at IPL Mega Auction

**Mumbai, India** – The Indian Premier League (IPL) mega auction saw a fierce bidding war for Indian all-rounder Venkatesh Iyer, ultimately resulting in his return to Kolkata Knight Riders (KKR). KKR secured Iyer’s services for a staggering ₹23.75 crore, significantly exceeding his base price of ₹2 crore.

The bidding for Iyer was a nail-biting affair, with KKR initially vying against the Lucknow Super Giants. However, Royal Challengers Bangalore (RCB) entered the fray, pushing the price dramatically upwards. The bidding escalated rapidly, surpassing ₹20 crore before RCB eventually withdrew at ₹23.75 crore.

Iyer’s impressive performance for KKR in the previous season clearly played a role in the intense bidding. His acquisition marks a significant investment by KKR, securing a key player for their upcoming campaign.

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