Mumbai: With the IPL 2026 player retention deadline (November 15) fast approaching, several Indian Premier League franchises are finalizing their squads — and a major name could soon hit the auction pool.
According to multiple reports, Sunrisers Hyderabad (SRH) are seriously considering releasing South African wicketkeeper-batter Heinrich Klaasen, who was retained last season for a record ₹23 crore.
Despite being SRH’s most consistent batter in recent years, Klaasen’s massive price tag may prompt the Hyderabad management to release him and use the funds to strengthen other areas of the squad.
SRH’s Retention Puzzle: Klaasen Could Be the Casualty
Klaasen has been one of the most destructive players in the IPL since 2023. In the IPL 2025 season, he was SRH’s highest run-scorer, smashing 487 runs in 13 innings at a blistering strike rate of 172.
However, after a disappointing sixth-place finish in 2025, the franchise management has begun reshaping its plans for IPL 2026. Reports suggest that SRH are exploring ways to restructure their budget to address weaknesses in the bowling and middle order.
An industry insider told The Times of India:
“There are strong murmurs and it could be a smart move by SRH if they release Klaasen. Going into the auction with ₹23 crore more allows them to fix key gaps and build a stronger squad.”
Could SRH Buy Klaasen Back?
While releasing Klaasen may appear drastic, the report also claims that Sunrisers Hyderabad could attempt to buy him back at a lower price during the IPL 2026 mini-auction, likely to be held in mid-December.
“They can have a fair shot at getting the South African back for around ₹15 crore, and the balance can be used for smart auction purchases,” the source added.
Klaasen, who recently retired from international cricket, remains a global T20 superstar and would undoubtedly attract interest from multiple IPL franchises if he enters the auction.
SRH’s 2025 Season Recap
Despite boasting a power-packed batting lineup featuring Pat Cummins, Abhishek Sharma, Travis Head, and Klaasen, SRH failed to deliver on expectations last season. They lingered in the bottom half of the table for most of the tournament before finishing sixth after a late three-match winning streak.
With Klaasen being SRH’s highest-paid player, releasing him could be a financially strategic move — allowing the team to rebuild around a balanced core for IPL 2026.
IPL 2026 Mini-Auction Details
The IPL 2026 mini-auction is expected to take place in mid-December, with all ten franchises reshaping their rosters based on retention decisions finalized by November 15.
All eyes will now be on SRH to see if they indeed take the bold step of releasing their ₹23 crore match-winner.

