Punjab Kings entered the IPL 2026 mini-auction with the second-smallest purse, only ahead of the Mumbai Indians. After finishing as runners-up last season, PBKS had just INR 11.50 crore available, reflecting the franchise’s decision to back its existing core. The team retained 21 players and released only four, showing strong faith in the group that delivered a memorable campaign.
Led by Shreyas Iyer, the Kings approached the auction with clarity and restraint. They had four vacant slots to fill, including two reserved for overseas players. With a settled squad, a confident captain, and a determined coaching staff in place, PBKS were under no pressure to make major moves.
As expected, the franchise stayed quiet for most of the auction proceedings at the Etihad Arena in Abu Dhabi. Instead of aggressive bidding, Punjab Kings focused on filling gaps sensibly and ended the day by signing just four players, sticking to a calm and calculated auction strategy.
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Punjab Kings Full Squad for IPL 2026
| Player | Role | Price (INR) |
| Shreyas Iyer | Batter | 26.75 crore |
| Arshdeep Singh | Bowler | 18 crore |
| Yuzvendra Chahal | Bowler | 18 crore |
| Marcus Stoinis | All-rounder | 11 crore |
| Shashank Singh | Batter | 5.5 crore |
| Nehal Wadhera | Batter | 4.2 crore |
| Prabhsimran Singh | Wicketkeeper-batter | 4 crore |
| Priyansh Arya | Batter | 3.8 crore |
| Azmatullah Omarzai | All-rounder | 2.4 crore |
| Lockie Ferguson | Bowler | 2 crore |
| Vijaykumar Vyshak | Bowler | 1.8 crore |
| Yash Thakur | Bowler | 1.6 crore |
| Harpreet Brar | Bowler | 1.5 crore |
| Vishnu Vinod | Batter | 0.95 crore |
| Xavier Bartlett | Bowler | 0.8 crore |
| Suryansh Shedge | Batter | 0.3 crore |
| Pyla Avinash | Batter | 0.3 crore |
| Marco Jansen | All-rounder | 7 crore |
| Musheer Khan | Bowler | 0.3 crore |
| Harnoor Singh Pannu | Bowler | 0.3 crore |
| Mitchell Owen | All-rounder | 3 crore |
| Cooper Connolly | All-rounder | 3 crore |
| Vishal Nishad | Bowler | 0.3 crore |
| Praveen Dubey | Bowler | 0.3 crore |
| Ben Dwarshuis | All-rounder | 4.4 crore |
Punjab Kings (PBKS) Squad Strength and Purse Remaining for IPL 2026
| Squad Strength | Purse Remaining |
| 25/25 (Indian- 17, Overseas- 8) | INR 3.50 crore |
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