LAHORE: The executive committee of the Pakistan Super League (PSL) governing body held a late-night meeting to discuss key issues related to the upcoming season, including player bidding and retention policies, sources said. Jio News On Sunday.

According to insiders, the team has decided to introduce player auction for PSL 11 while also finalizing the rules regarding player retention.

PCB chairman Mohsin Naqvi will give the final approval of the committee’s decisions, and he can call a full governing body meeting if necessary.

Sources said the players of defending champions Lahore Qalandars along with Quetta Gladiators, Islamabad United, Karachi Kings and Hyderabad voted in favor of the auction system.

Meanwhile, the Peshawar Zalmi and Sialkot franchise supported the traction system.

The five existing franchises have agreed to retain four players each, and it has also been confirmed that one player from the lower division is eligible to be appointed as a brand ambassador.

Once the owners retain four players, the remaining players enter the pool. The first right to pick players from the squad will be given to the two new owners, who can each pick four players.

Thereafter, all rights, including new ones, will be treated equally. The remaining 50–100 players will be in the auction, from which teams will select 14 more players.

“The rest of the players will be auctioned and the owners will pick their players through the draft,” sources said.

The final formula for PSL 11 bidding and retention rules will be submitted to chairman Mohsin Naqvi and an official announcement is expected in the next couple of days.

Earlier, Naqvi had advised the owners to increase the salary cap of the players as the marquee league enters a new era with the addition of two new teams.

He highlighted the rising market value of the franchise and encouraged teams to adopt the auction model.

“Conduct the player auction in the PSL 11 draft and pick the players of your choice – they will benefit from it,” Naqvi told the franchise during the meeting.

PSL 11 is set to begin on Thursday, March 26, marking a significant milestone as the league expands from six to eight teams with the addition of new franchises from Sialkot and Hyderabad.

In a historic PSL 2026 auction held at the Jinnah Convention Center on Thursday, FKS Group and OZ Developers bagged the rights as new owners for Rs 1.75 billion and Rs 1.85 billion respectively.

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