The upcoming IPL 2026 auction is generating significant buzz, with 1,355 players registering for the event scheduled for December 16 in Abu Dhabi. Among them, 45 players have listed themselves at the maximum base price of INR 2 crore. However, the decision of Venkatesh Iyer and Ravi Bishnoi, to set their base price at INR 2 crore has raised eyebrows, with some suggesting it could potentially harm their chances of being picked up by a franchise.
Venkatesh Iyer, an all-rounder, was acquired by Kolkata Knight Riders (KKR) at the IPL 2025 mega-auction for a hefty sum of INR 23.75 crore, utilizing the right-to-match option. Despite the high price tag, KKR released him, making him available for the upcoming auction. In his IPL career of 62 matches, Iyer has experience batting in various positions, opening 22 times and playing at No. 3 on 15 occasions. He has also featured at No. 4 and No. 5 seven times each, and five times at No. 6 or lower.
Ravi Bishnoi, a promising young bowler, was previously retained by Lucknow Super Giants (LSG) for INR 11 crore. However, his performance did not consistently justify the price, leading to his release. Bishnoi debuted for India in February 2022 against the West Indies, making an immediate impact with 2/17 and earning the Player of the Match award. He quickly filled the void left by Yuzvendra Chahal.
The rationale behind Iyer and Bishnoi's high base price might stem from their belief in their abilities and past performances. However, setting a high base price can be a double-edged sword. It can signal confidence and potentially attract franchises willing to invest heavily in proven talent. Conversely, it can deter teams wary of overspending, especially if the player's recent form has been inconsistent.
Several factors could influence franchises' decisions regarding Iyer and Bishnoi. Their performance in the upcoming domestic tournaments, any changes they have made to their game, and the specific needs of each franchise will all play a role. The availability of other players in the same category will also be a crucial factor. Notably, Cameron Green is expected to be a highly sought-after player in the auction.
With squads capped at 25 players each, only 77 slots are available, including 31 for overseas players. Franchises have until December 5 to submit their wishlists. The final auction pool will be decided after the IPL prunes the longlist. Kolkata Knight Riders (KKR) and Chennai Super Kings (CSK) have the largest purses, with INR 64.3 crore and INR 43.4 crore respectively. KKR may be particularly interested in Green after Andre Russell's retirement.
Ultimately, whether Iyer and Bishnoi's INR 2 crore gamble pays off remains to be seen. Their talent is undeniable, but the IPL auction is a complex game of strategy, demand, and perceived value.
