Overview
- OZ Developers secured Sialkot for Rs1.85 billion and US-based FKS Group won Hyderabad for Rs1.75 billion, with the two new franchises totaling about $12.75 million.
- PSL management has begun preparations for the Season 11 players’ draft, which multiple reports indicate is likely on January 30 during a one-day gap in the Pakistan–Australia T20 series, with the date and venue to be confirmed.
- The PCB expects more than Rs7 billion in PSL revenue, including Rs6.22 billion annually from franchise fees under the new structure, following the league’s most expensive auction to date.
- Sialkot’s co-owners plan to unveil the team logo and president today as owner Hamza Majeed pledges to revamp Jinnah Stadium, launch a high-performance centre within ten days, and establish Sialkot as the permanent home ground.
- The PCB will operate Multan Sultans for this season before a post-PSL sale, and the expanded eight-team Season 11 is scheduled for March 26 to May 3, 2026.