KKR to enter IPL 2026 auction with INR 40 crore after releasing Venkatesh Iyer; KL Rahul trade dream dies ...Middle East

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The decision to release Shreyas Iyer after leading them to a championship turned out to be a major setback, as the Kolkata Knight Riders never found the rhythm throughout the season. Rahane’s several tactical calls didn’t go as planned, and the team struggled to find consistency.

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As reported by a senior ESPNCricinfo journalist, the Kolkata-based franchise might opt for a complete revamp, releasing at least five overseas players along with Iyer to free up funds. If that happens, KKR could enter the IPL 2026 mini-auction with a strong purse of around ₹40 crore.

??| KKR could go with ₹40 crore into the mini-auction, with the release of Venkatesh Iyer and a host of overseas players. They will look to bid for a fast-bowler or a fast-bowling all-rounder.(Nagraj Gollapudi) pic.twitter.com/y3ZCwvdOn3

— KnightRidersXtra (@KKR_Xtra) November 10, 2025

Kolkata Knight Riders end KL Rahul trade speculation

Earlier, reports claimed that Kolkata Knight Riders and Delhi Capitals discussed several swap deal options ahead of the IPL 2026 season. One proposal involved trading KL Rahul for Sunil Narine, while another suggested a swap between Rahul and the duo of Rinku Singh and Angkrish Raghuvanshi.

? ESPNCricinfo categorically says❌KL Rahul trade NOT Happening ✅Team KKR to release ateast 5 overseas players and go in with a purse of 40cr or more.? KKR problem in the trade was not having an adequate asset to be traded. pic.twitter.com/l3fMu5d2CE

— KKR Vibe (@KnightsVibe) November 10, 2025

KKR set for major squad overhaul ahead of IPL 2026 Auction

It is being said that the Kolkata franchise is likely to release Iyer, Rahmanullah Gurbaz, Moeen Ali, Manish Pandey, Rovman Powell, Mayank Markande, Anrich Nortje, Umran Malik, and Chetan Sakariya ahead of the IPL 2026 auction, which is set to take place in Abu Dhabi on December 15-16.

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