The pair pleaded guilty to charges of engaging in rough conduct in their pre-season matches against St Kilda and Hawthorn respectively.
Cunnington will miss the Roos' season-opener against West Coast while Krakouer will sit out the Power's round-one clash against Sydney.
The pair faced two game suspensions if they contested the charges and were found guilty by the AFL Tribunal.
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In the only other charge laid by the MRP, Melbourne's Jesse Hogan has accepted a $1000 fine for a first offence of making contact with an umpire.

