Punjab Kings: Full List of PBKS Retentions, Releases, Remaining Slots & Purse | IPL 2026 Auction

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Punjab Kings (PBKS), under the ownership of Preity Zinta, approached the IPL 2026 Retentions with a clear focus of keeping their match-winners in the squad. Their retention and release decisions reveal a strategic pivot aimed at combining experienced players with exciting young talent.

PBKS retained young Indian openers Prabhsimran Singh and Priyansh Arya, promising captain Shreyas Iyer and pace spearhead Arshdeep Singh. These players form the foundation of the team, providing leadership, batting stability and bowling prowess. The retention of these core players ensures continuity and anchors the team’s ambitions for IPL 2026.

The franchise made bold moves by releasing several senior and overseas players, including Glenn Maxwell and Aaron Hardie. These decisions were driven by performance considerations and availability concerns, as Maxwell struggled with injuries and form, and Hardie warmed the bench for a significant part of the IPL 2025 season. The releases opened up valuable salary cap space and overseas slots, allowing Punjab Kings flexibility ahead of the upcoming auction.

PBKS plans to target powerful batter who can provide explosive finish as well as stabilize the middle-order. With established all-rounders like Marcus Stoinis and Azmatullah Omarzai retained, the franchise is looking to add some more technically sound players to provide balance and depth to the batting lineup.

Recognizing the importance of quality spin bowling at the powerplay and in the middle overs, Punjab Kings are expected to actively bid for a specialist spinner who can bowl with Yuzvendra Chahal. Given the IPL’s fast-paced nature, adding bowlers who can contain runs under pressure will be a priority.

PBKS’s retention strategy signals a clear commitment to rejuvenation, focusing on young, dynamic players while maintaining a strong backbone of proven performers. The franchise exhibits readiness to adapt and evolve, aiming to climb the points table and vie for the IPL crown.

Also READ: IPL 2026 Retentions – Ricky Ponting explains why Preity Zinta’s Punjab Kings released Josh Inglis

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

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

Purse remaining: INR 11.5 cr

Slots remaining: 4 (2 overseas)

Also READ: Sunrisers Hyderabad: Full List of SRH Retentions, Releases, Remaining Slots & Purse | IPL 2026 Auction