Two New Teams Confirms in PSL 11 2026

The contracts of all existing PSL franchises period from 2015 to 2025 have now officially ended. Due to certain unexpected relation between the franchises and the PSL management, a revaluation process is currently underway to lay the groundwork for new contract negotiations.

It is also almost confirmed that two new franchises will be added in the upcoming season, with Sialkot and Faisalabad being the most talked about contenders.

However, these additions are not yet finalized. Discussions between PSL officials and potential stakeholders are ongoing, and a final decision is expected to be made within the next 10 to 12 days.

PSL 11 New Teams

The chartered firm assigned to handle the league’s new valuation process has completed its assessment, and the Pakistan Cricket Board (PCB) has released an official video update involving representatives from both PCB and PSL. In this meeting, key matters concerning the future of PSL franchises and financial restructuring were discussed in detail.

According to PCB sources, the PSL management will present new contracts to all teams within the next week after reviewing all documents and reports. Interestingly, PCB mentioned that only “eligible” teams will participate in the next phase but the term eligible was not clearly defined, leaving many wondering about the exact criteria for inclusion or disqualification.

Meanwhile, two new franchises have officially been confirmed for PSL 11, with preliminary discussions already held with prospective owners. However, the real issue lies in whether the original franchises, who invested when PSL was still a risky venture, will receive fair treatment or ownership advantages compared to the newcomers.

Franchises Fee

This uncertainty has raised speculation, particularly about Multan Sultans, whose relationship with PCB appears increasingly tense. Multan Sultans, owned by Ali Tareen, already pay the highest franchise fee in the league which is around $6.35 million, more than double that of Karachi Kings, the next most expensive team.

When the new valuation comes into effect in 2026 PSL, it remains to be seen whether Multan’s fee will decrease or other teams’ fees will rise. Either way, the restructuring could create friction between franchises and the board.

Under the new valuation model, PSL’s total market worth is expected to rise, potentially leading to a significant increase in franchise value. However, this also raises concerns about whether all existing owners will be able or willing to continue under higher financial terms.

Another major discussion point is the player draft versus auction model. PSL management is reportedly considering shifting toward an auction style system, similar to the IPL. However, financial limitations could make this challenging, as most PSL franchises may not yet be in a position to spend heavily on player bids.

Additionally, Pakistan’s current salary brackets are lower than many international leagues, making it harder to attract top foreign talent. Competing leagues like the IPL, ILT20, SA20, and Big Bash offer higher pay, which could discourage international players from prioritizing PSL unless compensation rises alongside franchise valuations.