Venkatesh Iyer Signs with RCB for ₹7 Crore at IPL 2026 Auction

venkatesh iyer — IN news

In a high-stakes move, Venkatesh Iyer has been signed by Royal Challengers Bengaluru (RCB) for ₹7 crore during the IPL 2026 auction. This acquisition comes on the heels of Iyer’s mixed performance in IPL 2025, where he scored 142 runs at an average of 20.28.

Mo Bobat, RCB’s director of cricket, emphasized the significance of this signing, stating, “Adding a player of Venky’s quality, experience, and calibre is a no-brainer.” This sentiment reflects RCB’s strategy to bolster their squad with top talent.

Despite his below-average statistics in the previous season, Iyer’s track record includes a championship win with Kolkata Knight Riders in IPL 2025, showcasing his potential to contribute to RCB’s success.

In addition to his IPL commitments, Iyer has also been retained by Indore Pink Panthers for ₹12.50 lakh, making him the most expensive player in MPL 2026. He has been reappointed as the captain of the team, indicating his leadership value in the sport.

MPL 2026 is set to take place in Indore following the conclusion of the Indian Premier League, providing Iyer with a busy schedule ahead.

Sandeep Jain, a representative from Indore Pink Panthers, remarked, “Retaining a dynamic and experienced player like Venkatesh Iyer at the highest price is a strategic decision,” highlighting the player’s importance in multiple formats of the game.

Bobat further noted the need for competition within the RCB squad, stating, “We want competition for places,” which could drive performance among players.

As the cricketing world watches closely, the implications of Iyer’s dual commitments to RCB and Indore Pink Panthers will unfold in the coming months. Details remain unconfirmed regarding how he will balance these responsibilities.