Shreyas Iyer IPL 2022 Auction Price and Team: Kolkata Knight Riders buy Shreyas for Rs 12.25 crore, may lead

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Bengaluru, February 12: Shreyas Iyer sold to Kolkata Knight Riders at Rs 12.25 crore in the IPL Auction 2022 on Saturday (February 12). Shreyas became the first player to go past the Rs 10 crore mark in this auction.

After letting go Eoin Morgan, the Knight Riders will be looking at him as a captaincy option too.

In general, 10 teams will be eager to make their picks from among the 600 players on offer, 377 from India and 223 from abroad.

There will be some big names like David Warner, Pat Cummins, Ishan Kishan, Shreyas Iyer etc who will be the obvious attractions in the IPL auction.

But there will be some dark horses like Shahrukh Khan or some World Cup winning India under-19 players who may land a big deal in the auction.

Then we will also miss some familiar names like Chris Gayle, Ben Stokes, Mitchell Starc etc who have opted out of the auction for several reasons.

But that in no way will affect the whole enthusiasm surrounding the auction.

The presence of two new teams in Lucknow Super Giants and Gujarat Titans will add that much flavour to the auction as the existing franchises will have to redraft their strategies keeping in mind two more adversaries.

Interesting rules

The Silent Tie-Breaker: When two teams are tied and exhausted all their purse trying to bid for a player, they can submit a final closed bid amount and the one who's bid more will get the player.

The extra amount bid is to be deposited with BCCI and will not be part of Rs 90 crore purse. Process can be repeated till a clear winner emerges.

Accelerated Process: Here franchises put up a common wish-list of players they want auctioned

Status of Right To Match Cards (RTM): NO RTM Cards available in this IPL auction 2022.

Squad Strength: Minimum Players: 18; Maximum Players: 25

Slabs of Base Prices: Rs 2 Crore, 1.5 Cr, 1 Cr, 75 Lakh, 50 lk, 40 lk, 30 lk, 20 lk.