PSL 11 to adopt auction model for first time to boost player earnings

In a landmark shift after a decade, the Pakistan Super League (PSL) has announced it will adopt a player auction model for its eleventh edition, replacing the traditional draft system.

 “This strategic shift is aimed at enhancing competitive balance, increasing transparency, and providing players’ greater earning opportunities,” the Pakistan Cricket Board (PCB) said in a press release.

The development comes as the PSL has announced a series of landmark developments ahead of its 11th edition, reinforcing the league’s continued growth, competitiveness, and commitment to innovation.

READ MORE: Hyderabad, Sialkot added to PSL as franchise expands to eight teams

Under the revised player acquisition framework, each franchise may retain a maximum of four players, limited to one player per category.

“Previously, every franchise was allowed to retain eight players from their squad including a mentor, a brand ambassador and a right to match option to retain a ninth player in the player draft,” the PCB said, adding that the rules pertaining to mentors, brand ambassadors and right to match have been abolished for PSL 11.

Newly inducted teams will be allowed to select and retain four players from the available player pool before the player auction, it added.

Each franchise will also be allowed one direct signing of a foreign player who did not feature in PSL X, enabling teams to strategically strengthen their squads with fresh international talent.

Further strengthening the league’s commercial and competitive outlook, the player salary purse has been increased to $1.6 million per franchise, underscoring PSL’s commitment to rewarding player performance and attracting elite domestic and international cricketers, the cricket board said in the handout.

The PCB said these progressive measures reflect the League’s strategic trajectory and evolution, while remaining firmly rooted in its mission to promote cricketing excellence, fan engagement, and attaining unprecedented heights.

READ MORE: PSL 11 to run from March 26 to May 3 next year, confirms PCB

PSL 11 will officially commence on March 26. Faisalabad has been added an additional venue for hosting the league’s matches, marking the city’s return to spotlight and further expanding the league’s national footprint.

Additional details regarding the player auction process, schedule, and operational guidelines will be shared in due course, the PCB said.