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PSL Expansion: New Teams, Big Bucks, and Multan Drama

PSL Expansion: New Teams, Big Bucks, and Multan Drama

Hold onto your cricket bats! The PCB just decided to pump up the PSL from six to eight teams, and each new squad's gotta drop a jaw-dropping INR 1.3 billion a year. With 12 bidders already eyeing those shiny new franchises and roadshows popping off in London and NYC, the PSL is going global, baby! But wait, what’s up with Multan Sultans? Drama alert!

Quick rundown

  1. PSL bulks up with two new franchises at INR 1.3B yearly—ka-ching for the league.
  2. Twelve bidders, including five overseas, as PSL jets off to London and New York to woo investors.
  3. Old Multan Sultans owners re-enter the bidding—will PCB run a team itself in edition 11?
  4. Each team guaranteed at least INR 850M per season from central revenue for five editions.
  5. Draft cap lets teams spend up to USD 1.4M on players.

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Series

  • Indian Premier League
  • Pakistan Super League
  • New Zealand tour of Bangladesh
  • India Women tour of South Africa