Pakistan Super League news

PCB announces auction slabs for PSL

Umar Farooq

January 23, 2013

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The PCB has set base prices for five categories of players up for sale at the inaugural Pakistan Super League (PSL) auction scheduled for the last week of February. Players in the diamond category will have a starting price of $100,000, platinum $70,000, gold $50,000, silver $25,000 and the emerging category will be between $5000 and $10,000.

The Pakistan board is yet to reveal the pool of players available to the five franchises but is looking to finalise the names by February. The PCB didn't reveal the base prices for the five regional franchises either; the bidding process for the franchises will also start next month. The managing director of the PSL, Salman Sarwar Butt, and advisor Haroon Lorgat, also said the board was contemplating having a tax-free league.

The plan is for the tournament to be played over 15 days, a total of 23 matches for the first three years. The five teams will play each other twice in a league format with the top four qualifying for the semi-finals. Each of the five teams would be allowed to sign a maximum of six overseas players and would include 10 local cricketers plus two emerging players. The base prices for the players will be regulated by the PCB and franchises have to adhere to it.

"One of the most positive reasons they [franchises] are coming is to build the sport in Pakistan," Butt said. "They are more interested in putting the best team together rather than what is the price. Our direction is very clear, we are looking at Pakistan to hold this tournament and for now that is very clear. Every player in the respective category will be entered in the auction at base price and the franchise can buy the player at more than or equal to the base price."

The PCB has already invited bids for the broadcasting rights and advertised tenders for commercial partners and sponsors for the PSL. "We have got overwhelming response in terms of interest in buying a franchise," Butt said. "We are now working and talking to various parties and briefing them on franchise concept and the auction will be held next month."

Umar Farooq is ESPNcricinfo's Pakistan correspondent

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Posted by Fahii on (January 24, 2013, 20:53 GMT)

Good move.....finally PCB heading towrads right direction

Posted by WeeBee on (January 24, 2013, 10:05 GMT)

@AK47_pk ... Zaka Ashraf had meeting with player to ensure that they wont lose money on Bangladesh Premier League as they would earn enough in PSL and I hope PSL get huge success.

Posted by Hafiz_55 on (January 24, 2013, 7:44 GMT)

Good luck PSL, hope it will be a fire cracking event by participation of foreign players. Believe this tournament will help to bring back international teams at Pakistan. A cricket lover of Bangladesh.

Posted by a-khan74 on (January 24, 2013, 2:08 GMT)

this time pcb blessed by zaka ashraf ,helping hands of haroon lograt,and the pcb management.who are putting their 100% efforts to bring international cricket back in the backyard of cricket lovers.For sure every single pakistani will warm wellcome to the cricket legend from all the cricket playing nation.PSL is a monster succes for pcb ,right time,right direction....GOOD LUCK....PEACE

Posted by avmd on (January 23, 2013, 21:41 GMT)

I don;t know whether any foreign player will participate this year or not, but the level of interest I saw in Lahore for this tournament was great, I'm sure all matches will be watched by a packed stadium.

Posted by Paras.Rishi on (January 23, 2013, 19:48 GMT)

As a Pakistan Team fan from India, I would love to visit Lahore and watch quality cricket by International stars and local talent. Best wishes!

Posted by Syed_imran_abbas on (January 23, 2013, 19:14 GMT)

A great appause to PCB, Zaka Ashraf, Haroon Logart and rest of PSL management. I am pretty sure this is going to be very exciting. Cant wait to buys my fav team shirt.

Posted by AK47_pk on (January 23, 2013, 19:00 GMT)

Every1 is ignoring one good thing about psl. Our players wont need to play any other league cuz they, ll get good money from our own league psl.

Posted by ZsZs on (January 23, 2013, 17:48 GMT)

I would love to see international cricket return to a land that produces great star performers with big hearts. My sincere best wishes to PSL - from a Bangladeshi.

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