Home SportsPSL 11 Sets Base Price of PKR 100 Crore for Two New Teams

PSL 11 Sets Base Price of PKR 100 Crore for Two New Teams

by Mahnoor Arif

The Pakistan Super League is preparing for a major expansion in its 11th edition, with plans to add two new teams to the tournament. This move is expected to further strengthen PSL’s position as one of the most popular T20 leagues in the region. According to reports, the base price for each new franchise has been fixed at around PKR 100 crore, reflecting the league’s growing commercial value and strong fan following.

Sources reveal that ten interested bidders have already been shortlisted to take part in the auction process. These bidders include local and international business groups, highlighting the increasing confidence of investors in the PSL brand. The official auction ceremony is scheduled to take place on January 8 in Islamabad, where the new franchises will be formally awarded.

The auction event is expected to be a high profile occasion, drawing attention from cricket fans, sponsors, and media alike. Adding to the excitement, renowned singer Rahat Fateh Ali Khan is set to deliver a special performance, making the ceremony more than just a business event.

PSL officials believe the inclusion of two new teams will bring fresh energy to the league, create more opportunities for local talent, and expand the tournament’s reach to new cities and fan bases. More matches will also mean greater entertainment for viewers and increased revenue through broadcasting and sponsorships.

Since its launch, the Pakistan Super League has played a key role in reviving international cricket in Pakistan and promoting young players on a global stage. The expansion in PSL 11 marks another important milestone in the league’s journey, signaling confidence in its future growth and long term success.

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