Venkatesh Iyer's IPL Valuation Plummets: RCB Buys Him for Rs 7 Cr After Rs 23.75 Cr Peak

• Royal Challengers Bengaluru (RCB) acquired Venkatesh Iyer for Rs 7 crore at the IPL 2026 Auction in Abu Dhabi.
• RCB engaged in a bidding battle with his former franchise Kolkata Knight Riders (KKR), reminiscent of last year's auction.
• Last year, Iyer was the third most expensive player, fetching an exponential Rs 23.75 crore in Jeddah.
• His high valuation in 2025 was due to his stellar 2024 performance (370 runs, 4 fifties, 160 SR) when KKR won the IPL.
• A significant decline in form during the 2025 season led to KKR releasing him, resulting in his current lower valuation.

Why It Matters: Venkatesh Iyer's IPL valuation dropped from Rs 23.75 Cr to Rs 7 Cr due to recent form decline.