Punjab Kings had a purse of INR 11.50 crore and bought a total of four players in the auction. PBKS retained a total of 21 players before heading to the auction. They released a total of six players before the auction, including Glenn Maxwell, Josh Inglis, Aaron Hardie, and Kyle Jamieson. The remaining two players were Kuldeep Sen and Praveen Dubey.

The franchise made bids for a total of six players. Out of these, they failed to sign Aman Khan and Rahul Chahar. PBKS decided to re-sign Dubey after releasing him before the auction.
PBKS signed the Australian duo of Cooper Connolly and Ben Dwarshuis. For Connolly, PBKS spent a total of INR 3 crore and fought a small battle against the Kolkata Knight Riders. Dwarshuis came at a price of INR 4.40 crore, and PBKS had to fight a bidding war against Chennai Super Kings and Gujarat Titans for him.
Under Shreyas Iyer, PBKS delivered one of their best performances in the IPL last year. The franchise finished in first place after winning nine out of 14 matches. They went on to play the final and lost the same against the Royal Challengers Bengaluru by six runs. Iyer will be back to lead the side once again in the upcoming edition of the league.
Players Bought in IPL 2026 Auction:
| Players Bought | Price (INR) |
|---|---|
| Vishal Nishad | 30 lakh |
| Praveen Dubey | 30 lakh |
| Ben Dwarshuis | 4.40 crore |
| Cooper Connolly | 3 crore |
Here is PBKS’ Squad For IPL 2026:
Shreyas Iyer (c), Arshdeep Singh, Yuzvendra Chahal, Marcus Stoinis, Marco Jansen, Shashank Singh, Nehal Wadhera, Prabhsimran Singh (wk), Priyansh Arya, Mitchell Owen, Azmatullah Omarzai, Lockie Ferguson, Vijaykumar Vyshak, Yash Thakur, Harpreet Brar, Vishnu Vinod (wk), Xavier Bartlett, Pyla Avinash, Harnoor Pannu, Musheer Khan, Suryansh Shedge, Vishal Nishad, Praveen Dubey, Ben Dwarshuis, Cooper Connolly
