Pakistan Super League: Owners and annual fee for each franchise

The Pakistan Super League (PSL) is set to enter its eleventh edition. For the first time, the league will feature eight teams after two new franchises were bought during the auction. The idea of a team auction has been an out-and-out success for the league as it amassed record-breaking prices, significantly surging the PSL’s brand value.

Most expensive PSL franchise

Pindiz is the most expensive franchise in the league, which was bought by Walee Technologies for a whopping PKR 2.45 billion. This is the amount the franchise will pay to the Pakistan Cricket Board (PCB) for the next ten years. 

To put this into perspective, Pindiz will pay more to the board than Karachi Kings, Peshawar Zalmi, Islamabad United, and Quetta Gladiators combined, all of whom will collectively pay PKR 1.95 billion.

Two new franchises

Multan Sultans, who were rebranded from Sialkot Stallionz after the majority stakes were transferred to CD Ventures, are the next most valued PSL franchise. Bought for PKR 1.85 billion at the auction, its valuation was increased after the transfer of stakes.

However, the surge initially began with Hyderabad Kingsmen buoying the bid during the first PSL auction in January. Kingsmen were sold for PKR 1.75 billion, which increased the base price for the next franchise.

List of all PSL owners and franchise fees

ALSO READ:

Pakistan reach Dhaka for a start-stop series against Bangladesh- IPL