Revised Prize Money Announcement for Champions in PSL 11
An important announcement from PCB Chairman Mohsin Naqvi regarding PSL 2026 is getting much attention on social media. He confirmed that PSL 11 will now feature eight teams instead of six and two new franchises will be added for the upcoming season. The final selection process for these teams will be completed on January 6.
During the press briefing held on Friday, 21 November, Mohsin Naqvi revealed the names of six potential cities for the new franchises. These include Hyderabad, Rawalpindi, Faisalabad, Gilgit, Muzaffarabad and Sialkot.
Out of these six, two teams will be chosen after the auction and official approval. At this stage, the strongest chances are for Faisalabad and Gilgit to become part of PSL 11 although the final decision will be made after January 6.
PSL Revised Prize Money in 2026 Edition
As you know, the Pakistan Super League is a national T20 competition that relies heavily on franchise investment and sponsorships.
Now the PSL champion team receives $500,000 dollars and the runner-up receives $300,000. However, this year, an additional announcement has been made, which has increased franchise interest even further. A new award has been introduced for the best performing franchise. The franchise that contributes to cricket development and promotes the PSL effectively at both national and international levels will receive an additional prize of two hundred thousand dollars.
This is the first time in PSL history that such recognition and rewards are being introduced for franchise contribution. This move is expected to strengthen the connection between players and franchises and encourage further investment in Pakistan cricket.
