CSK · 02 Nov 2026
CSK May Release ₹14.2-Crore All-Rounder Prashant Veer Ahead of IPL 2027 Auction
Chennai Super Kings (CSK) are reportedly considering releasing Prashant Veer ahead of the Indian Premier League (IPL) 2027 mini-auction.
Chennai Super Kings (CSK) are reportedly considering releasing Prashant Veer ahead of the Indian Premier League (IPL) 2027 mini-auction. The Uttar Pradesh all-rounder was acquired for ₹14.2 crore at the IPL 2026 auction, but his debut season did not deliver the returns the franchise had expected.
According to a report by Cricbuzz, CSK could release the 20-year-old to free up funds for the upcoming auction. The franchise may also attempt to bring him back at a lower price, although no final decision has been made regarding player retentions and releases.
Veer was one of CSK’s two major uncapped-player purchases at the previous auction. Wicketkeeper-batter Kartik Sharma was bought for the same amount, but his performances reportedly give him a stronger case for retention.
Prashant Veer’s IPL 2026 Performance
Prashant Veer had a difficult first season with Chennai Super Kings after being signed for ₹14.2 crore.
The left-arm spin-bowling all-rounder featured in six matches and scored 90 runs in five innings. His highest score was 43, which came against Royal Challengers Bengaluru.
Veer did not take a wicket during the season and bowled only two overs. His limited contribution with the ball and modest returns with the bat have reportedly led CSK to reassess his place in the squad.
His domestic T20 record, however, has been more encouraging. Veer has shown promise as an all-rounder, and CSK may still see potential in his long-term development.
Also Read: Mumbai Indians Appoint Robin Uthappa as Batting Coach for IPL 2027
CSK Could Release Veer to Create Auction Funds
Chennai Super Kings are reportedly looking to increase their available purse ahead of the IPL 2027 mini-auction.
The franchise is understood to have ₹2.4 crore remaining, which would rise to ₹7.4 crore after the annual ₹5-crore salary-cap increment. Releasing a player on a ₹14.2-crore contract could provide additional flexibility for auction planning.
One possibility being discussed is that CSK could release Veer and then attempt to sign him again at a lower price.
Such a strategy would allow the franchise to reassess his market value while retaining the option of bringing him back. However, another team could also bid for the young all-rounder if he enters the auction pool.
CSK have not officially confirmed that they will release Veer or attempt to buy him back.
Kartik Sharma’s Retention Prospects Compared With Prashant Veer
Kartik Sharma, who was also purchased for ₹14.2 crore, reportedly has a stronger chance of being retained by CSK.
The wicketkeeper-batter scored 295 runs in 11 matches, averaging 32.77. His highest score was 71, and his contribution with the bat was considered more consistent than Veer’s.
Both players were among the headline buys at the IPL 2026 auction, but their first seasons produced different results.
Prashant Veer - 90 runs in 6 matches; no wickets
Kartik Sharma - 295 runs in 11 matches; highest score 71
While Kartik’s campaign could strengthen his retention prospects, the final decision will depend on CSK’s squad requirements and auction strategy.
CSK Prepare for IPL 2027 Mini-Auction
Chennai Super Kings are expected to approach the IPL 2027 auction with a focus on improving their squad balance.
The franchise has been making changes after recent seasons in which it struggled to consistently reach the playoffs. The team’s auction strategy will likely involve evaluating player performance, available funds and the roles required for the upcoming campaign.
Releasing a high-priced player such as Veer could provide CSK with greater flexibility to strengthen other areas of the squad.
The franchise will also need to consider whether it wants to continue investing in Veer’s potential or use the funds to pursue other options.
The retention and release deadline is reportedly November 15, ahead of the mini-auction scheduled for December 16 in Goa.
Also Read: CSK Coaching Staff for IPL 2027: Zaheer Khan Leads Major Overhaul
Will CSK Release Prashant Veer Before IPL 2027?
Prashant Veer’s future at Chennai Super Kings remains uncertain.
Reports suggest that the franchise is considering releasing the all-rounder after his underwhelming IPL 2026 campaign. However, the possibility of buying him back at a lower price means CSK may not be ready to completely move on from the youngster.
The final decision will depend on the franchise’s assessment of its squad and auction budget. Until CSK announce their retention list, Veer’s release remains a reported possibility rather than a confirmed move.
Conclusion
Chennai Super Kings are reportedly weighing the release of ₹14.2-crore all-rounder Prashant Veer ahead of the IPL 2027 mini-auction. His limited contribution during IPL 2026 has prompted questions about his retention, while CSK may look to free up funds and potentially buy him back at a lower price. The franchise’s official retention announcement will clarify his future.
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