Royal Challengers Bangalore (RCB) made a strong start at the IPL 2026 mini‑auction by securing Indian all‑rounder Venkatesh Iyer for ₹7 crore. This marks the franchise’s first confirmed buy as the second round of bidding opens for capped all‑rounders.
Teams across the league are now sharpening their strategies to fill key gaps. RCB’s early move signals its intent to build a well‑balanced squad around its core stars.
IPL 2026 Auction: Venkatesh Iyer Goes to RCB
RCB signed Venkatesh Iyer at a bid of ₹7 crore in the early stages of the IPL 2026 mini‑auction in Abu Dhabi. The all‑rounder drew attention from multiple franchises. Teams including Lucknow Super Giants, Gujarat Titans, and Kolkata Knight Riders also showed interest before RCB sealed the deal.
Venkatesh Iyer’s versatility as a middle‑order batter and useful medium‑pace bowler made him a valuable choice for RCB as they plan their squad for the 2026 season.
What the Bid Means for RCB?
RCB’s early purchase of Iyer gives them flexibility as the auction moves into the next phases. Their remaining purse allows them to pursue further targets in batting and bowling.
The franchise has a strong retained core, including Virat Kohli, Rajat Patidar, and Phil Salt, and now aims to add depth around these players. Bidding for capped all‑rounders is heating up as teams seek players who can contribute in all facets of the game. RCB’s acquisition of Iyer reflects this trend.
Venkatesh Iyer IPL Journey
Iyer was released ahead of this auction after being part of previous IPL seasons. His batting strength and bowling utility keep him in demand among franchises. The all‑rounder played a key domestic role and impressed selectors with performances that boosted his auction value heading into IPL 2026.
Auction Dynamics: Capped All‑Rounders in Focus
The second set of bidding recently opened, with RCB and other teams aggressively targeting capped all‑rounders. This phase often sees high competition as teams fill final slots in their squads.
Players who can both bat and bowl are prized for the balance they bring. Franchises are ready to invest heavily in them, especially in tight spots late in the auction.
What It Means for Other Teams?
RCB’s early buy puts pressure on other teams to act swiftly. Teams with larger purses could bid for bigger names soon, especially if they aim to strengthen their all-around options. With players like Cameron Green and other marquee names already commanding attention, the auction promises dramatic moments ahead.
Fans React as Auction Unfolds
Fans took to social media to share excitement after RCB signed Venkatesh Iyer. Many praised the franchise’s strategy, while others speculated on which players would be next under the hammer. The live auction atmosphere in Abu Dhabi is electric, with supporters and analysts watching every bid keenly.
What’s Next in the IPL 2026 Mini‑Auction?
The auction continues with several key rounds still to go. Teams will now look at both capped and uncapped players to finalise their squads.
With 77 total slots up for grabs and a limited purse for many franchises, every bid in this phase carries more weight. Fans and teams alike will watch closely as the auction progresses, with big performances and big buys still on the horizon.