On the other hand, Australian all-rounder Stoinis joined the Punjab Kings for Rs 11 crore alongside his countrymate Glenn Maxwell (Rs 4.20 crore), Josh Inglis (Rs 2.60 crore), Aaron Hardie (Rs 1.25 crore) and Xavier Bartlett (Rs 80 lakh). Ahead of the start of the prestigious league, Iyer lauded the strength of his squad, possessing the blend of experience and youngsters.