In the Indian Premier League the sports franchise based in Mohali and owned by Preity Zinta, Ness Wadia, Karan Paul and Mohit Burman is called as the Kings XI Punjab. To attain this franchise these four people have paid 76 million USD. The home ground of this team is the PCA stadium which has a capacity of 61500. The CEO of the team is Neil Maxwell.
In the 2008 season (April-May) of the Indian Premier League the Kings XI Punjab won the following matches aganist the IPL Teams. On 25th April 2008 at Mohali the team defeated Mumbai Indians by 66 runs. On 27th April 2008 at Mohali it defeated Delhi Daredevils by 4 wickets. On 1st May at Hyderabad it defeated Deccan Chargers by 7 wickets. On 3rd May 2008 at Mohali it defeated Kolkata Knight Riders by 9 runs. On 5th May at Bangalore it defeated Royal Challengers Bangalore by 6 wickets. On 12th May 2008 at Mohali it defeated Royal Challengers Bangalore by 9 wickets. On 17th May 2008 at Delhi it defeated Delhi Daredevils by 6 runs. On 21st May at Mumbai it defeated Mumbai Indians by 1 run. On 23rd May 2008 at Mohali it defeated Deccan Chargers by 6 wickets. On 28th May 2008 at Mohali it defeated Rajasthan Royals by 41 runs.
The prominent players in the team are as follows. The captain of the team is the batsman Yuvraj Singh from India who was paid 1.063 million USD. The wicket keeper is Kumar Sangakkara from Sri Lanka who was paid 0.7 million USD. The all rounders in the team are Irfan Pathan from India for 0.925 million USD, Ramesh Powar from India for 0.17 million USD and James Hopes from Australia for 0.3 million USD. The batsmen in the team are Mahela Jayawardene from Sri Lanka for 0.475 million USD, Ramnaresh Sarwan from West Indies for 0.225 million USD and Simon Katich from Australia for 0.2 million USD. The bowlers in the team are Brett Lee from Australia for 0.9 million USD, S. Sreesanth from India for 0.625 million USD and Piyush Chawla from India for 0.4 million USD.
The Kings XI Punjab reached the semi final in the inaugural edition of the Indian Premier League in 2008.