Punjab Kings didn’t pursue Shreyas Iyer merely as a run-scoring option. The decision, made more than a year ago when they spent ₹26.75 crore on him at the IPL 2025 mega auction, has begun to look like the kind of move that can reset a franchise’s identity. With his leadership and composure at the crease, PBKS are now branding their batting with purpose—and the evidence arrived in emphatic fashion against Delhi Capitals.
Why PBKS valued Iyer beyond the bat
The scale of Iyer’s impact became impossible to ignore after Punjab completed a record chase against Delhi. PBKS chased 265 in 18.5 overs, which stands as the highest successful run chase in IPL history. Delhi had posted 264/2, propelled by KL Rahul’s unbeaten 152. In response, Punjab struck early momentum and then tightened the screws when it mattered most, finishing the job with brutal efficiency.
- Delhi Capitals reached 264/2, with KL Rahul making 152 not out.
- Punjab Kings hunted down the target of 265 in 18.5 overs.
- Prabhsimran Singh and Priyansh Arya provided the early thrust for PBKS.
- Iyer anchored the chase and then took it to the finish, remaining unbeaten throughout with 71 off 36 balls.
- The chase delivered PBKS their sixth win in seven matches in IPL 2026.
PBKS head coach Ricky Ponting explained that the franchise’s aggressive push for Iyer in the auction was driven by more than batting output. In a video shared through IPL’s official social media channels, Ponting said he went hard for the player because he expected him to shape the team’s leadership culture as well as its performances.
“Shreyas is a great person. That’s why I went as hard as I did in the auction,” Ponting said. He added that his belief in Iyer was rooted in what the captain could do while rebuilding: “I knew he was going to be a great leader, and for us to rebuild this team and rebuild this franchise… if he is in at the end in a run chase, we are not going to lose too many games.”
Ponting’s message to Iyer in the chase
Ponting also described how he approached Iyer during the run chase, emphasising the role of late-overs control. He recalled speaking to the batter around the 11th or 12th over, urging him to stay at the crease to secure the result.
“Even tonight I went at the 11 or 12-over mark, and I just grabbed hold of him and said, ‘If you are in at the end, we win. We win the game.’ And he did it again, so full credit to him and full credit to all the boys for believing,” Ponting said.
The words carry extra weight given PBKS’ recent trajectory before Iyer arrived. Prior to his tenure, Punjab were often associated with frequent changes and recurring inconsistency. They finished ninth in IPL 2024, winning only five of their 14 matches.
The auction price that looked steep—then paid off quickly
Heading into IPL 2025, PBKS made Iyer their headline acquisition, securing him for ₹26.75 crore after he entered the mega auction with a base price of ₹2 crore. At the time, the figure was widely seen as a bold outlay, particularly given Iyer’s prior success with Kolkata Knight Riders.
Iyer had captained KKR to the IPL 2024 title, yet he was not retained before the mega auction cycle. PBKS, rebuilding under Ponting, identified an opportunity: a single marquee signing that could bring two premium assets into the squad—an Indian top-order batter with proven quality and a captain with a track record.
The payoff arrived fast. In his first season with PBKS, Iyer guided the franchise to the IPL 2025 final and compiled 604 runs at an average of 50.33. That output helped establish him as both the leadership centre of the team and one of its most dependable batting forces.
From a one-off chase to a pattern of control
That context turns the Delhi chase into more than a one-night miracle—it reads like a continuation of PBKS’ transformation under Iyer. While Punjab have always possessed the raw power to make targets look reachable, Iyer’s contribution was direction. Against Delhi, PBKS had their early launch through Prabhsimran and Arya, but it was Iyer who provided the nervous system of the chase.
Even after being dropped twice, he managed to convert those chances into a finishing statement, staying present through pressure moments and then accelerating the final phase with 71 not out from 36 balls.
Record success, but a clear admission of gaps
Even with the historic win, Ponting did not pretend PBKS’ side is flawless. Delhi were able to set a demanding total of 264, and the head coach acknowledged that PBKS still need improvements in bowling and fielding.
“It’s satisfying that you’ve got the highest run chase, but it’s… If you have the highest run chase, you’ve also got to concede a lot of runs, right? So, we’ve got some work to do with our bowling and our fielding, and we’ll make sure we get that right before the next game,” Ponting said.
This balance now defines PBKS’ current identity. Their batting has become threatening enough that even 265 feels chaseable. Their bowling remains an area that requires attention. Still, with Iyer positioned at the centre—both as a captain and a stabiliser—Punjab no longer look like a team waiting for individual brilliance. They increasingly resemble a franchise built around a leader, with structure to match the ambition.
Ponting’s auction decision carried an initial price tag, but after IPL 2025 and the early momentum in IPL 2026, it increasingly looks intentional rather than impulsive. PBKS didn’t just buy Shreyas Iyer. They brought in a captain who has helped turn the franchise’s fortune—and the record chase against Delhi is the clearest proof yet.