KKR made headlines at the IPL 2025 auction by splurging a whopping INR 23.75 crore to acquire Venkatesh Iyer. CEO Venky Mysore broke his silence to explain the logic behind this decision, amidst criticism from former cricketer Tom Moody. The bidding war for Venkatesh surprised many at the mega auction in Jeddah, with KKR eventually outbidding other teams to secure his services.

Mysore admitted the uncertainties of auctions but emphasized the importance of retaining their core team. He mentioned that they were looking to keep the players who helped them win the trophy last season, which led to the high bid for Venkatesh. Moody expressed shock at KKR’s move, suggesting they could have retained him for a lower price if they were truly desperate.

He predicted that Venkatesh would be under pressure to perform at the level expected of his salary over the next three years. Despite the skepticism, KKR stood by their decision and believed in the potential of the young all-rounder.

The acquisition of Venkatesh Iyer adds a new dimension to KKR’s squad for the upcoming season, and all eyes will be on him to deliver on the big stage. As the cricket world continues to analyze this unexpected move, KKR remains confident in their strategy and the value they see in Venkatesh as a player.

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