Lahore Qalandars have become the first Pakistan Super League (PSL) team to officially renew their franchise agreement, securing the rights to operate the team for the next 10 years.
The announcement ends speculation about the team’s future and confirms their continued commitment to the league and talent development.
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Lahore Qalandars took to social media platform X (formerly Twitter) to share the news, tweeting: “Lahore Qalandars proudly renew their PSL commitment for another 10 years! A new decade begins for Pakistan’s most valuable PSL franchise.”
Lahore Qalandars proudly renew their PSL commitment for another 10 years! A new decade begins for Pakistan’s “most valuable PSL franchise. pic.twitter.com/EAEW4OXTXQ
— Lahore Qalandars (@lahoreqalandars) November 24, 2025
Earlier, the board had shared updated valuations with all existing franchises, except Multan Sultans, giving teams the option to accept the terms or risk losing their rights to new owners.
For the Qalandars, the renewal marks a fresh chapter for a franchise that has grown from early struggles to become the first team to win back-to-back PSL titles.
READ: PCB completes PSL valuation, shortlists six cities for new teams
According to journalists, the management confirmed that the decision was straightforward: the PCB offered the renewal, and the Qalandars quickly signed on, reflecting their trust in the league’s direction under the current board.
BREAKING: Qalandars have announced to retain Lahore franchise rights in Pakistan Super League for another 10 years. The franchise says it has accepted the PCB's renewal offer to continue the team for the next 10 years. pic.twitter.com/ezUVLqSrhe
— Faizan Lakhani (@faizanlakhani) November 24, 2025
Update: Qalandars have announced to retain Lahore franchise rights in Pakistan Super League for another 10 years. The franchise says it has accepted the PCB's renewal offer to continue the team for the next 10 years 🇵🇰❤️ pic.twitter.com/20yQmqfatR
— Farid Khan (@_FaridKhan) November 24, 2025
The franchise is the only team to have won three titles under its current ownership and aims to continue building on this success.
The Lahore Qalandars are known for their strong talent development programs, including the Players Development Program (PDP) and the High Performance Centre, which have produced several national-level players.
With the renewal, these initiatives are set to continue shaping Pakistan cricket for years to come.
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The announcement also provides a major boost for fans, players, and the league itself, ensuring that Lahore Qalandars will remain a key contender in the PSL while continuing to engage supporters and nurture young talent in the decade ahead.
