Explained: Why KKR bid Rs 23.75 crore for Venkatesh Iyer

Kolkata Knight Riders bought back Venkatesh Iyer for a whopping Rs 23.75 crore. They outbid Royal Challengers Bangalore in a fierce bidding war. KKR sees Iyer as a potential captain. He was a key player in their 2024 title win. Iyer's batting prowess and leadership qualities make him a valuable asset. KKR believes he is worth the investment.