Key points
- Applies to next five PSL editions
- PCB to cover any revenue shortfall
- Extra incentives linked to media revenue
ISLAMABAD: The Pakistan Cricket Board (PCB) has guaranteed each Pakistan Super League (PSL) franchise a minimum share of Rs850 million from the central pool of income for the next five editions, beginning with the 11th season in 2026.
According to clause 6.4 of the agreement signed between the PCB and PSL franchises, the board will compensate any shortfall if a franchise’s share from the central pool falls below the guaranteed amount during any of the five tournaments. The move aims to provide financial stability and reduce the risk of losses for team owners.
The guarantee is expected to particularly benefit franchises with lower valuations, including Quetta Gladiators, Islamabad United and Peshawar Zalmi, whose franchise fees are significantly lower than those of Karachi Kings, Lahore Qalandars and Multan Sultans.
Despite varying franchise costs, all teams will continue to receive equal shares from the central pool, of which 95 per cent is distributed among franchises while five per cent is retained by the PCB.
The base price for the two new PSL teams, set to be auctioned on January 8 in Islamabad, has been fixed at Rs1.3 billion each. All franchises are required to spend $1.4 million on player salaries, accommodation and travel per season.
The agreement also outlines a phased payment schedule and provides additional incentives if the PCB’s annual net media revenue exceeds Rs3 billion, with surplus funds partly allocated to attract elite international players.
