The Pakistan Cricket Board (PCB) has significantly increased the valuation of all six existing Pakistan Super League (PSL) franchises, while setting a hefty base price of Rs. 1.30 billion per year for each of the two new franchises, according to Dawn News.
Unlike previous years, the PCB has not yet made an official announcement about the revised valuations, marking a departure from the practice followed during the league’s launch in 2016.
Reports said the new prices reflect nearly a threefold increase, with all league-related financial dealings now being conducted in Pakistani rupees instead of US dollars.
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In the inaugural season, Quetta Gladiators, champions of the 2019 edition, were the lowest-valued franchise at USD 1.1 million per year for a 10-year ownership period.
At the time, the exchange rate was Rs. 105 per dollar, compared to over Rs. 280 today.
According to details, Quetta Gladiators remain the lowest-priced franchise, now valued at around Rs. 360 million per year.
Peshawar Zalmi, winners of the 2017 edition, have seen their valuation rise to approximately Rs. 480 million per year, up from USD 1.6 million previously.
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Karachi Kings, 2020 champions, are now priced at Rs. 650 million annually, while Lahore Qalandars, winners in 2022, 2023, and 2025, have been valued at Rs. 670 million per year.
Multan Sultans, who joined the league after the first two editions and previously held the highest price tag at USD 6.3 million, now carry a revised valuation of Rs. 1.08 billion per year.
The franchise, which won the 2021 title, underwent an ownership change after former owner Ali Tareen publicly criticised the PCB over administrative issues.
All other franchises have retained their ownership rights for the next 10 editions.
Reports confirmed that the annual player budget for franchises will remain capped at USD 1.4 million per team.
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To attract investors for the two new franchises and for Multan Sultans, the PCB has held a roadshow in London.
The board has shortlisted six cities, Rawalpindi, Faisalabad, Sialkot, Hyderabad, Muzaffarabad, and Gilgit, from which two will be selected to expand the PSL to eight teams.
On Wednesday, the PCB announced a roadshow in New York City on Saturday.
According to a press release, the event is part of the board’s global outreach strategy to engage international investors ahead of the auction of the two new franchises, scheduled for January 6, 2026.
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“The initiative is designed to highlight the league’s commercial strength, global following and long-term growth potential,” the PCB said.
Six Pakistan men’s team players are expected to attend the New York event, including T20I captain Salman Ali Agha, along with Abrar Ahmed, Faheem Ashraf, Saim Ayub, Saud Shakeel, and Test captain Shan Masood.
