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LAHORE: The Pakistan Cricket Board (PCB) on Sunday revealed key details regarding the Pakistan Super League (PSL) 11 player auction, including the base prices, team composition and the minimum purse of each franchise.
The details were revealed following the conclusion of the PSL 11 auction workshop designed to familiarize the stakeholders with the process.
Among the key details, the base prices of players and the minimum incremental bids were confirmed, all in Pakistani Rupees. The top bracket base prices are PKR 4.2 crore, PKR 2.2 crore, PKR 1.1 crore, and PKR 60 lacs.
According to the cricket board, the outfits are free to bid higher than the specified minimum increments.
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Additionally, each team will be required to have minimum of 16 and maximum 20 players in their roster, including five to seven foreign players, determined by the total squad size.
It is mandatory for each franchise to included a minimum of two uncapped U23 players in their squad, with one featuring in the starting eleven.
The picked or retained players in PSL 11 auction will be signed on two-year contracts, with each outfit allowed to retain a maximum of seven players for the 12th edition of the tournament.
After PSL 12, a grand auction will be held, allowing teams to retain up to five players, with any released player entering the player auction pool.
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As it was announced earlier, each team will also be allowed to directly sign one foreign player who did not feature in PSL X. Meanwhile the franchise team purse of PKR 45 crore could be increased to PKR 50.5 crore to accommodate directly signed foreign players.
The PCB will additionally support teams in signing top international players.
For those unaware, the expanded edition of the PSL 11 is scheduled to get underway on March 26, 2026.