Punjab Kings secures Shreyas Iyer for record Rs 26.75 crore in IPL 2025 player auction

Punjab Kings (PBKS) has made significant changes for IPL 2025, utilizing their record budget of INR 110.5 crore. They acquired batter Shreyas Iyer for a record Rs 26.75 crore, along with bowlers Arshdeep Singh and Yuzvendra Chahal for Rs 18 crore each. Under new head coach Ricky Ponting, PBKS aims to build a competitive team to end their title drought. They retained key players Shashank Singh and Prabhsimran Singh, focusing on strengthening their batting and bowling lineups. The team released several players, including Shikhar Dhawan, and made strategic acquisitions to enhance their chances for the upcoming season. This marks a shift towards stability and long-term planning for PBKS.