IPL auction: Full list of KXIP players and their salaries for 2020 season

Glenn Maxwell was the costliest buy for KXIP, at Rs 10.75 crore, in IPL 2020 auction, while the second-costliest purchase for them this year was Sheldon Cottrell

Kings XI Punjab (KXIP) entered the Indian Premier League (IPL) 2020 auction with the deepest pockets among the eight IPL teams — an available purse Rs 42.7 crore. This allowed the Chandigarh-based franchise to bid heavily for their picks. Australian batsman Glenn Maxwell was the costliest buy for KXIP in the IPL 2020 auction, at Rs 10.75 crore, while their second-costliest purchase was West Indies fast bowler Sheldon Cottrell, renowned for his salute celebration, at Rs 8.50 crore.

Justifying the hefty pay cheque for Maxwell, Punjab’s head coach Anil Kumble said his team needed firepower in the middle order. "For