Overview
- An auction for two new PSL franchises will be held on January 8, 2026 at Islamabad’s Jinnah Convention Centre.
- Ten of twelve prospective buyers qualified after technical evaluation, with interest from the USA, Australia, Canada, the UAE and Pakistan.
- The new teams are priced at a reported PKR 1.3 billion per year each, and the PCB has guaranteed PKR 850 million per season from the central pool for five editions, covering any shortfall.
- Winning bidders will receive 10‑year rights from 2026 to 2035 and may choose team names from Rawalpindi, Faisalabad, Hyderabad, Sialkot, Muzaffarabad or Gilgit.
- PCB Chairman Mohsin Naqvi said the board will operate Multan Sultans for PSL 11 before auctioning the franchise after the season, while the Tareen Group is among parties that submitted initial bid documents; the expanded league will use equal revenue sharing with a USD 1.4 million player‑spend cap.