LAHORE (Kashmir English): Pakistan Cricket Board (PCB) has announced the prize money for the upcoming Pakistan Super League (PSL) season 11, which will feature an expanded eight franchises.
On his official X account, PCB Chairman Mohsin Naqvi confirmed in that the PSL 11 champions will receive $500,000, while the runners-up will get $300,000.
He also introduced a new category recognizing off-field impact, announcing $200,000 reward for the “Best Franchise Contributing Towards Cricket Development.”
“Complementing the Pakistan Super League’s growth, I am thrilled to announce a new reward for franchises in the forthcoming editions,” he wrote on his official X account.
This major monetary announcement coincides with the PCB confirming the auction date for the league’s two new franchise teams.
Auction for new PSL franchises
The highly anticipated auction to determine the two new PSL franchises is scheduled for January 6, 2026.
Only technically qualified bidders will receive an invitation to the auction. Successful bidders will have the right to select their preferred team name from a pool of shortlisted names of cities.
The cities currently shortlisted for potential franchise allocation include Faisalabad, Rawalpindi, Hyderabad, Sialkot, Muzaffarabad, and Gilgit. The two new franchises would be named after any of the two city names.
