This financial advantage was strategically utilized to craft a balanced team, aiming to secure their first-ever IPL championship. A significant move in their team assembly was the acquisition of Shreyas Iyer, a renowned Indian batsman, for an unprecedented sum of Rs 26.75 crore, setting a new record for the highest purchase in IPL history.
Iyer, who previously led Kolkata Knight Riders to their third IPL victory in 2024, is expected to enhance PBKS's batting strength significantly.
In addition to Iyer, PBKS has also fortified its bowling lineup by signing Arshdeep Singh and Yuzvendra Chahal, both for Rs 18 crore. These players are among India's top wicket-takers in T20Is, promising to add depth and versatility to the team's bowling department, potentially making it one of the most competitive in the league.
Prior to the auction, PBKS retained two of its key players, Shashank Singh and Prabhsimran Singh, for INR 5.5 crore and INR 4 crore, respectively.
Shashank Singh has been recognized for his impactful performances as a middle-order batsman and a part-time bowler, while Prabhsimran Singh has been valued for his explosive batting at the top order and his skills as a wicketkeeper.
Since its inception in 2008, PBKS, formerly known as Kings XI Punjab, have experienced a mix of highs and lows, with their best performance being a runner-up finish in 2014.
However, inconsistency and frequent changes in leadership have been major obstacles in their quest for the title. The appointment of Ricky Ponting as head coach signifies a strategic shift towards stability, tactical acumen, and long-term planning in pursuit of success.
With a substantial budget and a strategic approach to the auction, PBKS focused on addressing key areas such as securing a consistent top-order batsman, experienced finishers, and specialist bowlers for the death overs.
This approach underlines their ambition to build a well-rounded and competitive squad for IPL 2025, aiming to overcome past inconsistencies and achieve their long-awaited championship victory.
PBKS IPL 2025 Full Player List: Punjab Kings Squad with Complete Details of Players Bought, Retained, and Released
| Player | Price (INR) |
| Arshdeep Singh (RTM) | Rs 18 Crore |
| Shreyas Iyer | Rs 26.75 Crore |
| Yuzvendra Chahal | Rs 18 Crore |
| Marcus Stoinis | Rs 11 Crore |
| Glenn Maxwell | Rs 4.2 Crore |
| Nehal Wadhera | Rs 4.2 Crore |
| Harpreet Brar | Rs 1.5 Crore |
| Vishnu Vinod | Rs 95 Lakh |
| Vijaykumar Vyshak | Rs 1.8 Crore |
| Yash Thakur | Rs 1.8 Crore |
| Marco Jansen | Rs 5.75 crore |
| Josh Inglis | Rs 2.60 crore |
| Lockie Ferguson | Rs 2 Crore |
| Azmatullah Omarzai | Rs 2.40 Crore |
| Sai Kishore | Rs 2 Crore |
| Harnoor Pannu | Rs 30 lakh |
| Kuldeep Sen | Rs 80 Lakh |
| Priyansh Arya | Rs 3.80 Crore |
PBKS Full List of Retained Players
| Player |
| Prabhsimran Singh |
| Shashank Singh |
PBKS Full List of Released Players
- Shikhar Dhawan (Retired)
- Jitesh Sharma
- Jonny Bairstow
- Liam Livingstone
- Harpreet Bhatia
- Rilee Rossouw
- Chris Woakes
- Vishwanath Pratap Singh
- Ashutosh Sharma
- Tanay Thyagarajan
- Atharva Taide
- Rishi Dhawan
- Sam Curran
- Sikandar Raza
- Shivam Singh
- Prince Choudhary
- Harpreet Brar
- Arshdeep Singh
- Kagiso Rabada
- Nathan Ellis
- Rahul Chahar
- Vidwath Kaverappa
- Harshal Patel
