Cricket body also reveals base prices for upcoming auction
\n Islamabad
\nThe Pakistan Cricket Board (PCB) on Sunday announced the date for the players\u2019 auction for the 11th edition of the Pakistan Super League (PSL), following consultations with all participants during a comprehensive workshop held at Gaddafi Stadium.
\nThe session was chaired by PCB chairman Mohsin Naqvi and PSL CEO Salman Naseer and attended by all eight franchise representatives, PSL officials, members of Pakistan\u2019s T20 World Cup squad, PCB officials, and other capped players.
\nTop performers from previous PSL editions, including leading run-scorers Babar Azam and Fakhar Zaman and leading wicket-takers Hasan Ali and Shaheen Shah Afridi, were also present.
\nDuring the workshop, the PSL management presented a detailed overview of the retention and auction process, engaging all participants in consultation.
\nIt was confirmed that the PSL 11 Player Auction will take place on Wednesday, 11 February.
\nDuring the workshop, PCB also revealed the base prices for players for the upcoming auction, along with the minimum incremental bids in PKR.
\nThe base prices have been set at Rs42 million, Rs22 million, Rs11 million, and Rs6000,000, giving franchises a clear framework for player valuations.
\nThe minimum bid increments were also announced, with Rs250,000 applicable for bids under Rs11 million, Rs500,000 for bids under Rs22 million, Rs1,000,000 for bids under Rs42 million, and Rs1,500,000 for bids above Rs42 million.
\nFranchises may bid higher than the minimum increments. Each squad will include 16 to 20 players, with five to seven foreign players depending on squad size, and must field three to four foreign players in the playing XI.
\nA minimum of two uncapped Under-23 players must be in the squad, with one in the playing XI.
\nPlayers retained or picked in PSL 11 will sign two-year contracts with their franchises.
\nFranchises can retain a maximum of seven players for PSL 12, followed by a grand auction where a maximum of five players can be retained. Released players will return to the auction pool.
\nFranchises may also directly sign one foreign player who did not participate in PSL 10. The team purse of Rs450 million may be extended to Rs505 million to accommodate these signings, with PCB support for elite foreign players.
\nIn the session, chairman Naqvi highlighted the importance of collaborative planning in shaping the future of PSL.
\nHe said that the consultative session brought together franchises, players, and management, fostering an environment for strategic decision-making aimed at strengthening the league.
\n\u201cToday\u2019s consultative session brought together franchises, players, and management to make strategic decisions that will shape a bright future for the PSL. The Player Auction model offers players better financial opportunities and makes the league more competitive and transparent,\u201d Naqvi said.
\nSalman Naseer, CEO of PSL, underlined the transformative impact of the auction system on the league\u2019s operations.
\nHe described the current phase as a \u201cnew era\u201d for the PSL, explaining that the auction modernises player recruitment, encourages fairness, and boosts the league\u2019s overall appeal to players, franchises, and fans alike.
\n\u201cThe PSL\u2019s new era is here. The auction system modernises recruitment, promotes fairness, and enhances the league\u2019s appeal for players, franchises, and fans. The feedback from today\u2019s workshop will guide a successful auction next month, with more excitement to come,\u201d Naseer said.<\/p>\n","protected":false},"excerpt":{"rendered":"
Cricket body also reveals base prices for upcoming auction Islamabad The Pakistan Cricket Board (PCB) on Sunday announced the date for the players\u2019 auction for the 11th edition of the Pakistan Super League (PSL), following consultations with all participants during a comprehensive workshop held at Gaddafi Stadium. The session was chaired by PCB chairman Mohsin […]<\/p>\n","protected":false},"author":2,"featured_media":527749,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":{"0":"post-527736","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-sports"},"yoast_head":"\n