KKR CEO Venky Mysore comes up with an interesting retention strategy ahead of the IPL Meag Auction

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Venky Mysore

Venky Mysore, the CEO of Kolkata Knight Riders (KKR), has proposed a novel idea for the upcoming Indian Premier League (IPL) mega auction. This proposal comes in the wake of KKR’s dominant performance in IPL 2024.

Venky Mysore’s suggestion

Indian Commentator Harsha Bhogle speaking on his YouTube revealed Mysore’s thoughts on the mega action. His suggestion is to replace the traditional player retention system with a new method that uses up to eight Right to Match (RTM) cards. In this proposed system, teams would not retain any players before the auction. Instead, they could use RTM cards to match the highest bids for their desired players during the auction.

This approach ensures that players achieve their true market value through competitive bidding, which benefits them financially. For teams, this strategy provides greater flexibility and requires them to strategically decide which players to prioritize for retention based on auction dynamics.

Mysore’s idea aims to create a win-win situation where players are fairly compensated, and teams engage in a more dynamic and equitable auction process. This proposal has been met with interest and is currently under consideration by the IPL governing body.

The current format requires teams to release a certain number of players before the mega auction and retain a select few. Mysore’s suggestion, however, presents a unique alternative.

The Board of Control for Cricket in India (BCCI) has already confirmed a mega auction for IPL 2025. Traditionally, this has involved a player retention window with limitations on the number of players each team can retain.

Mysore’s proposal, if accepted, could revolutionize the IPL auction process and potentially lead to a more balanced distribution of talent across the league. It remains to be seen how the other IPL franchises will receive this proposal and whether it will be implemented in the upcoming IPL mega auction.

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