KKR CEO Venky Mysore Discusses the ‘Shocking’ Acquisition of Venkatesh Iyer
Kolkata Knight Riders (KKR) CEO Venky Mysore has spoken out about the franchise’s unexpected move to acquire Indian all-rounder Venkatesh Iyer during the IPL 2025 auction. KKR secured Iyer for a whopping INR 23.75 crore, making him one of the highest-paid players in the auction’s history.
Addressing the media on Sunday, Mysore elaborated on the reasoning behind the record-breaking bid. “Auctions are always unpredictable, and sometimes the prices catch you off guard. For us, retaining the core team that clinched the title last season was non-negotiable,” Mysore explained. He stressed that KKR was determined to hold onto a pivotal player like Iyer, who had made it clear he wanted to continue with the franchise.
The battle for Iyer saw fierce competition, especially from Royal Challengers Bengaluru, but KKR emerged victorious. Mysore acknowledged the skepticism from critics, including former cricketer Tom Moody, who described the bid as “shocking.” However, Mysore defended the decision, emphasizing the strategic importance of Iyer’s role and the need for team cohesion.
“We couldn’t afford to lose him. Building a balanced team with the right players is always a top priority,” Mysore stated. He also noted that the increased salary cap had a significant impact on the bidding trends at this year’s auction.
As KKR gears up for the upcoming season, the spotlight will be on Venkatesh Iyer to live up to his hefty price tag and deliver match-winning performances. The franchise remains confident in its choice and is optimistic about another successful season ahead.
