News Update
Tezzbuzz|01-11-2024
In the keenly awaited IPL retentions on Thursday (October 31), Delhi Capitals released their swashbuckling keeper-batter Rishabh Pant. Sunrisers Hyderabad’s Heinrich Klaasen secured the highest retention price at ₹23 crore, surpassing RCB’s star Virat Kohli, who was retained for ₹21 crore.
Shreyas Iyer released by KKR
Kolkata Knight Riders have released skipper Shreyas Iyer.
Also Read: IPL 2025: KL Rahul released by Lucknow Super Giants
With this, the speculations about who is staying with their franchises and who is entering the auction pool have ended.
Pant will now be the hottest player in the IPL auction pool after the GMR-run franchise decided to release the India international.
Also Read: IPL 2025: Rishabh Pant leaves Delhi Capitals, to enter auction
Combined purse of Rs 120 cr
Each franchise carried a combined purse of Rs 120 crore for retention and the mega auction. A team can, at most, retain six players – either by holding on to them before the deadline or the use of Right To Match (RTM) cards at the auction.
A team also has the option to release all of their players and enter the mega auction with six RTM cards, enabling them an option to buy back players at an unrestricted amount.
(With agency inputs)