Punjab Kings Auction 2027 — Purse Status, Squad Needs & Record Buys
PBKS · Mini-auction reported 16 December 2026, Goa · Salary cap Rs 157 crore · Head coach: Ricky Ponting
What PBKS Need in Goa
Punjab's needs are narrower than at any point in their history: overseas pace depth behind Arshdeep Singh and Lockie Ferguson, and a specialist finisher. With Yuzvendra Chahal anchoring the spin, Ponting can spend on quality over quantity.
How PBKS Usually Buy
Punjab have written two of the auction's biggest cheques: Sam Curran at Rs 18.50 crore in 2023, then the second-highest bid in history, Shreyas Iyer at Rs 26.75 crore in 2025 — the captain who took them to that year's final. With Ricky Ponting running the room, Punjab's table is never quiet for long.
Context for the room: Punjab Kings finished the 2026 season 5th in ipl 2026 (15 points). At the last full squad-building event — the 2025 mega auction cycle — they retained 2 players at the retention stage and still carried Rs 110.50 crore into the auction. The 2027 event is a mini-auction: fewer slots, sharper bidding on scarce roles, and an Rs 18 crore salary cap on overseas buys under the maximum-fee rule.
PBKS in the All-Time Record Buys Table
| Player | Year | Price | Note |
|---|---|---|---|
| Shreyas Iyer | 2025 | Rs 26.75 crore | Second-highest bid ever |
| Sam Curran | 2023 | Rs 18.50 crore | Most expensive English player at auction |
League Auction Hub → PBKS Retention 2027 → Full PBKS Squad →
Frequently Asked Questions
What is Punjab Kings's purse for the IPL 2027 auction?
The exact purse depends on Punjab Kings's official retained/released list (due 15 November 2026) against the Rs 157 crore salary cap, so it stays PENDING until that list is published. At the 2025 mega auction, after retentions, PBKS held Rs 110.50 crore.
When and where is the IPL 2027 auction for Punjab Kings?
The IPL 2027 mini-auction is reported for 16 December 2026 at ITC Grand Goa, with a franchise briefing on 15 December. Official BCCI confirmation is pending, so this site labels the date as reported.
Who is Punjab Kings's most expensive auction buy ever?
Shreyas Iyer — Rs 26.75 crore in 2025, the biggest auction buy in Punjab Kings's history and one of the largest in the league's all-time table.