The financial hierarchy of the Pakistan Super League (PSL) has been completely rewritten. Following a high-stakes auction for the Multan Sultans, Walee Technologies has shattered all previous records to establish Rawalpindi as the most expensive franchise in the history of the tournament.
In a bidding war that pushed valuations to unprecedented heights, the rights for the franchise, formerly known as the Multan Sultans, were secured for a massive Rs. 245 Crore.
This record-setting bid officially moves Rawalpindi to the top of the league’s price list, surpassing recent high-value entries like Sialkot Stallionz and Hyderabad Kingsmen.
PSL Franchise Evaluations
| Franchise | Annual Fee |
| Rawalpindi | Rs. 2,450,000,000 |
| Sialkot | Rs. 1,850,000,000 |
| Hyderabad | Rs. 1,750,000,000 |
| Lahore | Rs. 670,000,000 |
| Karachi | Rs. 640,000,000 |
| Peshawar | Rs. 490,000,000 |
| Islamabad | Rs. 480,000,000 |
| Quetta | Rs. 340,000,000 |
This monumental deal brings the total annual franchise fees collected by the PCB to Rs. 8.67 billion (approximately $31 million USD).
The auction, conducted by the PCB, ensured a fair yet aggressive climb in valuation, the process followed a strict set of protocols:
All offers were made in Pakistani Rupees, starting from a base price and rising by a minimum increment of Rs. 1 Crore per bid.
Each participant was allowed a single five-minute huddle to recalibrate their financial strategy mid-auction.
While there was no cap on the potential price, the PCB strictly prohibited any collaboration or communication between competing bidders.
The session reached its climax when Walee Technologies’ Rs. 245 Crore offer remained unmatched, ending the Multan Sultans era and ushering in the Rawalpindi age.
