The Pakistan Super League (PSL), launched in 2015 by the Pakistan Cricket Board (PCB), has grown into one of the world’s premier T20 leagues. Starting with five teams in 2016 (played in UAE due to security concerns), it expanded to six in 2018 with the addition of Multan Sultans. The league features city-based franchises like Lahore Qalandars, Karachi Kings, Islamabad United, Peshawar Zalmi, Quetta Gladiators, and Multan Sultans. After the 2025 season—the tenth edition and the last under original ten-year agreements—five franchises renewed, while Multan Sultans’ owner opted out due to disputes. This paved the way for expansion to eight teams from PSL 11 in 2026, shifting to an April-May window for better player availability. The PCB shortlisted six cities—Faisalabad, Rawalpindi, Hyderabad, Sialkot, Muzaffarabad, and Gilgit—for potential new home venues, aiming to boost fan engagement and commercial value.
Strong International Interest in Bids
On December 24, 2025, the PCB announced receiving 12 bids for the two new franchises by the extended deadline. Bidders hail from five countries: the United States, Australia, Canada, the UAE, and Pakistan, reflecting the league’s rising global appeal. The process included promotional roadshows in London and New York. Technical evaluation results are due on December 27, 2025, with qualified bidders advancing to an open auction on January 8, 2026, at the Islamabad Convention Centre.
Future Implications for the League
This expansion marks the PSL’s first major restructuring in seven years, enhancing competitiveness, broadcasting rights value, and sponsorship opportunities. Successful owners will select cities from the shortlist, potentially unlocking new markets and increasing revenue streams. The move underscores the PCB’s transparent approach, positioning the PSL as a more attractive platform for international stars and investors alike.