Sun Nov 24 11:12:49 UTC 2024: ## Kolkata Knight Riders Release Captain Shreyas Iyer Ahead of IPL 2025 Auction

**Kolkata, India** – The Kolkata Knight Riders (KKR) have released their captain, Shreyas Iyer, ahead of the IPL 2025 mega auction. Despite winning the IPL 2024 championship, the franchise will be searching for a new leader.

The team retained six players during the retention process: Rinku Singh (₹13 crore), Sunil Narine (₹12 crore), Andre Russell (₹12 crore), Varun Chakravarthy (₹12 crore), Harshit Rana (₹4 crore), and Ramandeep Singh. These retentions, particularly the significant investment in Rinku Singh, represent a core of the KKR squad moving forward.

KKR will enter the auction with ₹51 crore remaining in their purse, significantly less than some other franchises like Punjab Kings (₹110.5 crore) and Royal Challengers Bangalore (₹83 crore). The team’s strategy for the auction will undoubtedly focus on finding a suitable replacement for Iyer to lead the team into the next season.

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