Kolkata Knight Riders appointed India batter Shreyas Iyer as their new captain for the upcoming Indian Premier League after having bought him for a whopping Rs 12.25 crore at the recently-concluded mega auction.

Iyer, who had captained Delhi Capitals to their only IPL final back in 2020, was released after the 2021 season and it was an open secret that KKR, who were supposed to replace Eoin Morgan, were in need of a new captain. "He (Iyer) has impressed one and all as a quality batsman at the highest level and we are confident that he will excel as a leader of Team KKR," KKR CEO Venky Mysore said in a statement.