The Pakistan Super League (PSL) has attracted significant attention with around a dozen bids submitted for purchasing rights to two new teams in the 2026 edition. The Pakistan Cricket Board (PCB) has set a base price of USD 4 million for the new teams, following successful roadshows in London and New York that garnered investor interest. Despite initial reports suggesting a lack of bids due to the high base price, sources have confirmed the receipt of multiple bids.
The bids, totaling approximately 12, have come from various continents, including the United States, Australia, Canada, the United Arab Emirates (UAE), and Pakistan. This diverse interest underscores the PSL’s increasing global popularity and commercial attractiveness. Notably, a prominent American businessman, Aamir Wain, has expressed interest in acquiring the Hyderabad team under a consortium bid.
The next phase of the bidding process is scheduled for announcement on December 27, with a final auction set to take place in Islamabad on January 8, 2026. Some bidders have expressed reservations about the pricing, which could potentially exceed 5 million dollars based on current currency rates. The PCB’s valuation of existing teams revealed varying estimates, with Lahore Qalandars showing the highest rise in value, followed by Karachi Kings and Multan Sultans.
According to a bidder from the UAE, the success of PSL 2026 hinges on attracting top-tier players to enhance the league’s value and appeal to franchises.
