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KKR Retentions: CEO Backs Venkatesh Iyer as Pundits Push Costly Exits

KKR’s leadership signals continuity on a marquee contract despite outside calls to rebuild before the November 15 retention cutoff.

Overview

  • Ahead of the retention deadline, CEO Venky Mysore rejected a buy-release-buyback approach and indicated Venkatesh Iyer is likely to be retained at ₹23.75 crore.
  • Aaron Finch said KKR could get a strong trade return for Andre Russell yet predicted the franchise will keep him, while advising releases of Iyer and Quinton de Kock.
  • Aakash Chopra and Ravichandran Ashwin publicly urged KKR to release Iyer to unlock budget flexibility, with Chopra suggesting a lower-price buyback at the mini-auction.
  • Reports attributed to ESPNcricinfo suggest KKR may free around ₹40 crore by releasing multiple players, and that a KL Rahul trade is not expected to materialize.
  • Context from IPL 2025 shows KKR finished eighth; Iyer managed 142 runs and Russell 167 runs with eight wickets, sharpening debate over high-price retentions.