Punjab Kings Squad (PBKS)
Total Squad Strength: 25
Captain: Mayank Agarwal
| Player | Role | Base Price | Sold Price |
| Mayank Agarwal (R) | Batter | – | ₹12 crore |
| Prerak Mankad | Batter | ₹20 lakh | ₹20 lakh |
| Bhanuka Rajapaksa | Batter | ₹50 lakh | ₹50 lakh |
| Shikhar Dhawan | Batter | ₹2 crore | ₹8.25 crore |
| Jitesh Sharma | Wicket-keeper | ₹20 lakh | ₹20 lakh |
| Prabhsimran Singh | Wicket-keeper | ₹20 lakh | ₹60 lakh |
| Jonny Bairstow | Wicket-keeper | ₹1.5 crore | ₹6.75 crore |
| Benny Howell | All-rounder | ₹40 lakh | ₹40 lakh |
| Atharva Taide | All-rounder | ₹20 lakh | ₹20 lakh |
| Baltej Singh | All-rounder | ₹20 lakh | ₹20 lakh |
| Liam Livingstone | All-rounder | ₹1 crore | ₹11.5 crore |
| Shahrukh Khan | All-rounder | ₹40 lakh | ₹9 crore |
| Ansh Patel | All-rounder | ₹20 lakh | ₹20 lakh |
| Rishi Dhawan | All-rounder | ₹50 lakh | ₹55 lakh |
| Arshdeep Singh (R) | Bowler | – | ₹4 crore |
| Raj Bawa | Bowler | ₹20 lakh | ₹2 crore |
| Vaibhav Arora | Bowler | ₹20 lakh | ₹20 lakh |
| Writtick Chatterjee | Bowler | ₹20 lakh | ₹20 lakh |
| Nathan Ellis | Bowler | ₹75 lakh | ₹75 lakh |
| Harpreet Brar | Bowler | ₹20 lakh | ₹3.8 crore |
| Odean Smith | Bowler | ₹1 crore | ₹6 crore |
| Sandeep Sharma | Bowler | ₹50 lakh | ₹50 lakh |
| Ishan Porel | Bowler | ₹20 lakh | ₹25 lakh |
| Rahul Chahar | Bowler | ₹75 lakh | ₹5.25 crore |
| Kagiso Rabada | Bowler | ₹2 crore | ₹9.25 crore |
*R - Retained
Punjab Kings retained only two players - Mayank Agarwal and Arshdeep Singh before the mega auction. They signed 23 players at the IPL 2022 Auction and stacked up their team.
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