IPL

Venkatesh Iyer’s IPL Salary Has Increased By 4000%

Venkatesh Iyer Is The New Richie Boy Of IPL: It doesn’t take long for players in the Indian Premier League (IPL) to see their fortunes shift. Indian Twenty20 cricket can alter a person’s life for the better. The next year, if a player performs well, he may get a raise in income.

Source: Chennai Super Kings

There have been several instances of this kind throughout the years. On a per-team basis, a few players’ salaries have been raised lately, which is consistent across all IPL clubs. As a result, a successful season results in this outcome.

Some players have seen a significant increase in their salaries. As a reward for their success and a leap of confidence by their respective teams, they have received a raise in compensation.

Venkatesh Iyer has stood out in the names that have been retained

In the group of players that have been retained, Venkatesh Iyer stands out as the most notable winner. The all-rounder has gone a long way from being an unknown product warming the bench, to being retained. Even though he only played in the second half of the IPL 2021 season, he had a massive influence.

That’s why Shubman Gill and Rahul Tripathi were relegated to the outskirts of the KKR team in favour of him. A capped player was made when the Madhya Pradesh all-rounder made his international debut recently. It’s now worth an estimated INR 8 crore to him.

So far in his Indian Premier League career, the 26-year-old has scored 370 runs in 10 innings. He has a batting average of 41.11 and a strike-rate rate of 128.47. There have been four fifties in his brief IPL career as well. He is anticipated to maintain his strong form now that he is one of the four players retained by the Kolkata Knight Riders (KKR).

An exponential increase in Venkatesh Iyer’s value

Venkatesh Iyer’s IPL pay has increased 40times. The Madhya Pradesh allrounder was purchased by the Knight Riders in the 2021 auction at INR 20 lakh, which was his basic price. On Tuesday, Iyer, who made his India debut in November, was retained by the Knight Riders for INR 8 crore, which is 40 times the amount he would have received in the 2021 auction.

From a historical perspective, India allrounder Hardik Pandya, who signed with the Mumbai Indians in 2015 as an uncapped player for a base price of INR 10 lakh, holds the record for the most exponential increase in value from a base price to retention fee. With INR 11 crore, Mumbai paid Hardik 110 times his 2015 price, maintaining him as the team’s second player.

ALSO READ: 5 Deserving Players Who Were Ignored By Their Teams

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