Ricky Ponting was appointed coach of Punjab Kings and provided a warchest of funds for his first auction with the new franchise, receiving the go-signal to build from scratch as the Ness Wadia and Preity Zinta-owned team looked to refresh in pursuit of a first IPL title.

Sitting at the IPL Auction 2025, Punjab Kings had the biggest purse of ₹ 110.50 crore as they retained only Shashank Singh and Prabhsimran Singh. However, after the auction, PBKS was left with just ₹ 35 lakh, as they bought 23 players, including eight overseas players.

Punjab Kings entered the ongoing IPL 2025 mega auction, which is taking place in Jeddah with the biggest purse. The head coach of Punjab disclosed the rationale behind the team's decision to pass on Rishabh Pant,

Former Australian captain Ricky Ponting is ready to lead Punjab Kings in the IPL auction as their new head coach. With the largest purse and a focus on strategy, communication and calmness, Ponting aims to transform the team into an IPL powerhouse by putting together a strong squad at the auction.

Australian great Ricky Ponting was disappointed over the scheduling clash between the IPL mega auction and the first Test of the Border-Gavaskar Trophy in Perth, and labelled the situation as "the worst possible case scenario.