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Indian Premier League 2023 will start next year but the preparation for the new season is in full swing. The mini auction for IPL 2023 will be held on December 23 in Kochi, but franchises are gearing up to submit their retention list on November 15. 

IPL franchise Punjab Kings has already shown signs of major overhaul ahead of IPL 2023, as franchise has already appointed Shikhar Dhawan as skipper, and Trevor Bayliss as new head coach.

Punjab franchise has released ex-captain Mayank Agarwal, who was retained for a whopping amount of INR 12 crore ahead of IPL 2022 mega-auction. Odean Smith, Ishan Porel are the other two players who are likely to be released by the franchise.

Punjab Kings squad in IPL 2022:

Mayank Agarwal (C), Shahrukh Khan, Shikhar Dhawan, Atharva Taide, Benny Howell, Liam Livingstone, Odean Smith, Prerak Mankad, Raj Bawa, Rishi Dhawan, Writtick Chatterjee, Bhanuka Rajapaksa, Jitesh Sharma, Jonny Bairstow, Prabhsimran Singh, Ansh Patel, Arshdeep Singh, Baltej Singh, Harpreet Brar, Ishan Porel, Kagiso Rabada, Nathan Ellis, Rahul Chahar, Sandeep Sharma, Vaibhav Arora

Released Players: Mayank Agarwal, Odean Smith, Prerak Mankad, Writtick Chatterjee, Ishan Porel and Sandeep Sharma.

Retained Players: Shikhar  Dhawan, Jonny Bairstow, Bhanuka Rajapaksa, Prabhsimran, Shahrukh Khan, Liam Livingstone, Harpreet, Raj Bawa, Rishi Dhawan, Atharwa Taide, Kagiso Rabada, Arshdeep Singh, Rahul Chahar, Nathan Ellis and Baltej Singh.

Purse Remaining: 32.20 Crores