IPL 2026: Check Punjab Kings' full squad and players' salary here

Punjab's first pick came in the accelerated round, where they secured Australian batting all-rounder Cooper Connolly for ₹3 crore.

Last season's runners-up, Punjab Kings, entered the IPL 2026 mini-auction with the second-lowest purse of ₹11.50 crore among all ten franchises. As a result, they stayed relatively quiet during the initial bidding rounds. Their first pick came in the accelerated round, where they secured Australian batting all-rounder Cooper Connolly for ₹3 crore. 

 

Connolly, a left-handed batter and slow left-arm orthodox bowler, initially attracted interest from Kolkata Knight Riders, who bid for his base price of ₹2 crore, but PBKS raised the bid and successfully acquired him.

 

Later in the auction, PBKS further strengthened their squad by purchasing Ben Dwarshuis for ₹4.40 crore.

 

 

Under the leadership of Shreyas Iyer, Punjab Kings made a remarkable run in IPL 2025, reaching the final, where they narrowly lost to Royal Challengers Bangalore by six runs. Despite the defeat, the 2025 season was a standout one for PBKS, as they advanced to the playoffs and the final for the first time in 11 years. Heading into the IPL 2026 auction, PBKS made minimal changes, retaining the majority of their roster. The biggest release was Australian all-rounder Glenn Maxwell, who struggled in 2025 and was sidelined due to injury. Australian wicketkeeper-batter Josh Inglis was also released. 

 

Players bought by PBKS in IPL 2026 Auction
Sr. No.	Player	Base Price	Winning Bid	Capped/Uncapped
1	Ben Dwarshuis	₹1,00,00,000.00	₹4,40,00,000.00	Capped
2	Cooper Connolly	₹2,00,00,000.00	₹3,00,00,000.00	Capped
3	Vishal Nishad	₹30,00,000.00	₹30,00,000.00	Uncapped
4	Pravin Dubey	₹30,00,000.00	₹30,00,000.00	Uncapped

 

Players retained by Punjab Kings
Player	Type	Base Price (INR Cr)	Sold Price (INR Cr)
Shreyas Iyer	BAT	2	26.75
Arshdeep Singh	BOWL	2	18
Yuzvendra Chahal	BOWL	2	18
Marcus Stoinis	AR	2	11
Marco Jansen	AR	1.25	7
Shashank Singh	AR	-	5.5
Nehal Wadhera	BAT	0.3	4.2
Prabhsimran Singh	BAT	-	4
Priyansh Arya	AR	0.3	3.8
Azmatullah Omarzai	AR	1.5	2.4
Lockie Ferguson	BOWL	2	2
Vijaykumar Vyshak	BOWL	0.3	1.8
Yash Thakur	BOWL	0.4	1.6
Harpreet Brar	AR	0.3	1.5
Vishnu Vinod	BAT	0.3	0.95
Xavier Bartlett	BOWL	0.75	0.8
Suryansh Shedge	AR	0.3	0.3
Pyla Avinash	BAT	0.3	0.3
Musheer Khan	AR	0.3	0.3
Harnoor Singh	BAT	0.3	0.3