Overview
- The PCB has decided to sell the Multan Sultans franchise through open bidding, reversing an earlier plan to run the team for a season, with an official advertisement expected soon.
- Two new franchises were sold at auction—Sialkot to OZ Developers for Rs1.85 billion and Hyderabad to FKS Group for Rs1.75 billion—adding roughly $12.75 million and lifting projected PSL revenues above Rs7 billion.
- PSL management is preparing for a players’ event on January 30, with sources indicating a draft is likely, though officials say the format and date will be finalised after consultations with all eight teams.
- CEO Salman Naseer says the league is considering a shift toward a players’ auction, allowing direct signings and a potential increase to the current $1.3 million purse, subject to franchise consensus.
- Sialkot owner Hamza Majeed pledged rapid infrastructure development, including a home ground and a high-performance centre starting within 10 days, alongside merit-based selections and targeted overseas signings.