Pakistan Super League (PSL) chief executive Salman Naseer has clarified that the league has not yet fixed a base price for the two new franchises that will be introduced for the 2026 season.
He said the final figure will be confirmed closer to the January 8, 2026, auction in Islamabad.
His statement comes after several reports, widely shared on social media, claimed that the starting price for each new team had already been set at 4 million US dollars, with suggestions that this amount could rise.
The auction on January 8 will determine the owners of the seventh and eighth PSL franchises, completing the league’s expansion from six to eight teams for PSL 11.
The 2026 edition is expected to be the longest and most commercially ambitious season yet, with more matches, a broader window, and an enhanced focus on broadcast and sponsorship income.
As part of the new financial structure, the PCB has drawn up a revised revenue-sharing model designed to make investment in the new teams more attractive.
The two incoming franchises are expected to receive a guaranteed share from the central income pool over the first few seasons, alongside a significant percentage from media rights, sponsorships, and ticket sales.
Franchise rights for the new teams will cover a ten-year period from 2026 to 2035.
The PCB has also shortlisted several potential home bases for the expansion sides, including cities such as Faisalabad, Rawalpindi, Hyderabad, Sialkot, Muzaffarabad, and Gilgit. Successful bidders will be able to select their preferred city, subject to formal approval of team names, logos, and branding.
Stay Connected with ProPakistani
Get the latest sports news, match updates, and player stories wherever you prefer.
Add ProPakistani to Preferred Sources and see more of our stories in Google Search and Top Stories.
