ISLAMABAD: Pakistan Cricket Board (PCB) Chairman Mohsin Naqvi on Friday announced new awards for Pakistan Super League (PSL) teams, ahead of the next season scheduled for April 2026 that will feature two new franchises.
The development comes after the PCB confirmed that the two new PSL teams would be named from Hyderabad, Rawalpindi, Faisalabad, Gilgit, Muzaffarabad and Sialkot.
The PSL is the country’s premier T20 cricket tournament, featuring city-based franchise teams and attracting top international players since 2016.
PSL champions will receive $500,000, runners-up $300,000, and the franchise making the greatest contribution to cricket development will be awarded $200,000.
“Let’s take Pakistan cricket to new heights!” Naqvi said on X, announcing the rewards.
The awards are likely to boost the PSL’s competitiveness and reach, and offer players greater opportunities and a stronger platform to showcase Pakistan’s cricketing talent.
Earlier in the day, the PCB announced that the auction for the two new PSL teams will take place on Jan. 6, while the decision on shortlisted cities will be made after Dec. 5.
The PSL grew to six teams in 2018 after Multan Sultans joined the league. It will now host eight teams from next year.
“This marks a significant milestone in the league’s continued expansion and its commitment to expanding its footprint across Pakistan,” the board said.
“The addition of two new teams will also create fresh commercial, sporting and fan engagement opportunities.”
