Punjab Kings
The runners-up of the last season have made some tough calls by releasing some big names.

Punjab Kings made it to the final of the Indian Premier League 2025 but lost to Royal Challengers Bengaluru in the most important match of the tournament. Despite coming short, they were impressive with the bat and ball, with captain Shreyas Iyer leading from the front. The runners-up of the last season have made some tough calls by releasing some big names. Here is the PBKS squad for IPL 2026.

Players Retained: Shreyas Iyer (c), Nehal Wadhera, Priyansh Arya, Prabhsimran Singh, Shashank Singh, Pyla Avinash, Harnoor Pannu, Musheer Khan, Vishnu Vinod, Marcus Stoinis, Azmatullah Omarzai, Suryansh Shedge, Mitchell Owen, Arshdeep Singh, Vijaykumar Vyshak, Yash Thakur, Xavier Bartlett, Lockie Ferguson, Yuzvendra Chahal, Harpreet Brar

Players Released: Glenn Maxwell, Josh Inglis, Aaron Hardie, Kuldeep Sen, Praveen Dubey

Budget for IPL 2026 mini auction: INR 11.50 crore

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