The Pakistan Super League has reached a historic milestone with the sale of the Multan Sultans franchise for Rs. 2.45 billion (Rs. 245 crore) ahead of PSL 11. This marks the highest valuation ever recorded in the league’s history and reflects the growing commercial strength of Pakistan’s premier cricket tournament.
The franchise was sold during a high-profile auction organized by the Pakistan Cricket Board in Lahore. The winning bid was secured by Walee Technologies, a company known for its strong presence in digital marketing and brand development.
The auction attracted wide attention, as the bidding started from a base price of Rs. 1.82 billion and quickly crossed expectations.
PCB Chairman Mohsin Naqvi described the sale as a major success for the league. He said the strong response from investors shows confidence in the PSL brand and its future growth, both locally and internationally.
According to PCB officials, the record-breaking deal highlights how the league has matured into a valuable sports property.
Following the acquisition, the new owners announced plans to rename the franchise as Rawalpindi, a move that has already sparked discussion among fans and analysts. The change is expected to bring a new identity and fan base while maintaining the team’s competitive spirit.
Since its launch, PSL has steadily expanded its reach, attracting global players, sponsors, and broadcasters. The sale of Multan Sultans at a record price signals a new phase for the league, where franchises are not just cricket teams but major commercial brands.
With PSL 11 approaching, expectations are high for another exciting season, both on and off the field.
