The Pakistan Cricket Board has fixed a base price of USD 4 million for each of the two new franchises set to join the Pakistan Super League, sources have told Telecomasia.net, as the league prepares for its expansion ahead of the 2026 season.
With the final bidding process drawing closer, the PCB has expressed confidence that investor interest remains strong following successful promotional roadshows in London and New York.
Strong Overseas Interest After Global Roadshows
According to PCB officials, corporate houses from the UK, USA, Canada and South Africa have shown interest in acquiring stakes in the new teams as the PSL enters its 11th year.
The league will be held from March 26 to May 3, 2026, a window that overlaps with the Indian Premier League’s 18th edition, potentially intensifying competition for players and viewership.
Base Price Set After Independent Valuation
Sources said the USD 4 million base price was finalised following an independent valuation of the PSL and its six existing franchises by an international firm.
The base price for new teams is set at four million US dollars after an independent evaluation of the league and the existing franchises.
“All bidders will be required to submit a security deposit of two hundred thousand dollars, while unsuccessful bidders will have to pay twenty thousand dollars.”
Auction Details And Franchise Conditions
The PCB will host the New Teams Auction on January 8, 2026, at the Islamabad Convention Centre, where ownership rights for two new HBL PSL franchises will be offered. In a statement, the PCB said the auction would be broadcast live to ensure transparency and maximise global visibility.
The PSL continues to attract strong international interest, reflecting the league’s growing commercial strength, expanding global footprint and long-term growth potential.
“Engagements with global stakeholders underline confidence in the league’s business model and its position among the world’s leading T20 competitions.”
Successful bidders will be awarded franchise rights for ten years, with a restriction preventing resale during the first three years.
Revenue Concerns And Multan Sultans Uncertainty
However, sources pointed out that while the bid document guarantees USD 3 million per franchise for the first five years, clarity is lacking on revenue distribution for the remaining five-year period.
Meanwhile, the PCB is also considering running the Multan Sultans franchise itself after the Tareen Group announced its intention to surrender ownership rights following a fallout with the board.
IPL Shadow And Player Attraction Challenge
Despite its steady growth, the PSL continues to struggle in attracting top-tier international stars, many of whom prioritise the more lucrative Indian Premier League.
The PCB recently announced the inclusion of former South Africa captain Faf du Plessis and England all-rounder Moeen Ali, though both had already been released by their IPL franchises, highlighting the ongoing challenge of competing with the world’s richest T20 league.
