LAHORE: Registration for foreign players for the 11th edition of the Pakistan Super League (PSL) is now open and the matches are scheduled to start on March 26.
The announcement was made on the league’s official social media channels, confirming that the registration window will close on February 3.
The historic 11th edition of the PSL will see the league expand to eight teams, with Hyderabad and Sialkot joining as new franchises.
For the first time, a league player auction will be held instead of the traditional player draft scheduled for February 11.
During an auction workshop on Sunday, the PSL management gave a detailed overview of the retention and bidding process, involving all franchisees in the discussions.
The Pakistan Cricket Board (PCB) announced the base prices for the players ahead of the auction and the minimum bid amount in Pakistan rupees.
The base prices have been set at PKR 4.2 crore, PKR 2.2 crore, PKR 1.1 crore and PKR 60 lakh, giving owners a clear framework for player valuation.
The minimum bid increments are PKR 250,000 for bids below PKR 1.1 crore, PKR 500,000 for bids below PKR 2.2 crore, PKR 1,000,000 for bids below PKR 4.2 crore and PKR 4.2 crore for bids above PKR 1,500,000 crore.
Owners may bid higher than minimum increments.
Each team consists of 16 to 20 players, including five to seven foreign players depending on team size, and three to four foreign players are required in the playing XI.
Teams must include at least two players under the age of 23, one of whom must be in the playing XI.
Players retained or selected in PSL 11 will sign two-year contracts with their respective franchises.
Franchises can retain up to seven players for PSL 12, followed by a maximum of five players in an at-large auction, while released players return to the bidding pool.
Additionally, franchises can directly sign a foreign player who is not participating in PSL 10.
To accommodate these signings, the team purse of PKR 45 crore may be extended to PKR 50.5 crore, with PCB support for top overseas players.
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