Kings XI Punjab were very quiet on day 2 of the auction. However, towards the end they chose Englishman Dmitri Mascarenhas and Aussie Nathan Rimmington
Kings XI Punjab
| Players | Price | Previous Club |
| Adam Gilchrist | $ 900,000 | Deccan Chargers |
| Shaun Marsh | $ 400,000 | Kings XI Punjab |
| David Hussey | $ 1.4 million | Kolkata Knight Riders |
| Dinesh Karthik | $ 900,000 | Delhi Daredevils |
| Stuart Broad | $ 400,000 | IPL Debut |
| Abhishek Nayar | $ 800,000 | Mumbai Indians |
| Praveen Kumar | $ 800,000 | Royal Challengers Bangalore |
| Ryan Harris | $ 325,000 | Rajasthan Royals |
| Piyush Chawla | $ 900,000 | Kings XI |
| Dmitri Mascarenhas | $ 100,000 | Rajasthan Royals |
| Nathan Rimmington | $ 20,000 | IPL Debut |
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