Under the new guidance of Ricky Ponting, Punjab Kings (PBKS) are set to embark on a promising campaign in the IPL 2025, equipped with the largest budget of INR 110.5 crore among all franchises. This financial advantage was strategically utilized to craft a balanced team,

Punjab Kings was one of the most active sides across the two days of the IPL (Indian Premier League) 2025 mega auction. The side came into the auction with the biggest purse of them all, as they had only retained two of their stars from the previous season.

As of IPL 2025, Shreyas Iyer has been appointed captain of the Punjab Kings (PBKS). He was acquired for ₹26.75 crore during the auction, making him one of the most expensive players in IPL history. Head coach Ricky Ponting endorsed Iyer as an ideal leader for the team.