The Pakistan Cricket Board (PCB) has finalized the base price for the two new franchises set to join the 11th edition of the Pakistan Super League (PSL), marking a major step toward the league’s long-awaited expansion.
According to sources familiar with the process, the PCB has fixed the base bidding price at $4 million per franchise, with the final value expected to rise during competitive bidding.
PSL 11 New Teams – Key Details
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Base price per team: $4 million
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Number of new teams: 2
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Auction date: January 8, 2026
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Venue: Islamabad Convention Centre
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Franchise term: 10 years
Bidding & Security Deposit Details
To participate in the auction, interested bidders must submit a security deposit of $200,000.
Deposit Breakdown
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Non-refundable fee: $20,000 (for unsuccessful bidders)
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Refundable amount: $180,000
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Eligibility: Only technically qualified bidders will be invited to the auction
The PCB’s bidding committee will first evaluate technical and financial credentials before allowing participation in the final bidding round.
Franchise Ownership Rules
According to the tender documents issued by the PCB:
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Franchise rights will be awarded for 10 years
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New owners cannot sell the franchise during the first three years
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Ownership transfer will be allowed after 2029, subject to PCB approval
These rules are aimed at ensuring long-term stability and serious investment in the league.
Central Revenue Pool Explained
Under the current framework:
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All eight PSL teams will receive $3 million annually from the central revenue pool
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The revenue-sharing model applies for five years (2026–2030)
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Details for the remaining five years have not yet been disclosed
The central pool includes broadcast rights, sponsorships, and league-wide commercial revenue.
What’s Happening with Multan Sultans?
Sources have also revealed uncertainty surrounding Multan Sultans, as the franchise’s current ownership agreement is set to expire on December 31, 2025.
Due to an ongoing dispute between the PCB and the franchise owner, the board is reportedly considering:
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Temporarily managing the team itself
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Exploring new ownership options
No final decision has been announced yet.
PSL 11 Tournament Window Confirmed
The PCB has officially confirmed the window for PSL 11:
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Start date: March 26, 2026
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Final: May 3, 2026
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Venues: Multiple cities across Pakistan
The tournament will run alongside the Indian Premier League (IPL), setting up another high-profile clash in the global T20 calendar.
Why PSL Expansion Matters
The addition of two new franchises will:
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Expand the league from 6 to 8 teams
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Increase commercial value
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Create more opportunities for local and international players
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Strengthen PSL’s position in the global T20 ecosystem
Analysts believe PSL 11 could be a turning point in the league’s growth and international appeal.
Final Takeaway
With a $4 million base price, a structured bidding process, and a confirmed tournament window, the PCB is moving decisively toward expanding the Pakistan Super League in 2026. The upcoming January 8 auction is expected to attract strong interest from both local and overseas investors.
Cricket fans and investors alike will be watching closely as PSL prepares to enter a new era.
