PSL Franchise Auction 2026 – New Franchise Live Bidding
The PCB has announced the auction date and time for the two new franchises that will join the PSL. The PSL auction will be held on 6 January 2026, in which all interested parties will participate. You will be able to watch it live here and find out which franchise is going to become part of the PSL.
PSL Franchise Action 2026
PSL 11 is now going to start, and the drafting dates have also been announced. Before that, we will find out which two new franchises are going to be added to the PSL. PCB has made it clear that the two new franchises will become part of the PSL through the auction and will be given a 10-year contract.
Shortlisted Franchise Cities
- Faisalabad
- Rawalpindi
- Hyderabad
- Sialkot
- Muzaffarabad
- Gilgit
PSL New Franchise Live Auction 2026
The PCB is conducting the live auction for the new PSL franchises on 6 January 2024, which you will be able to watch live here. You will also see the PSL Franchise Auction live details here. We will tell you who placed the highest bids and for how much the top two franchises were sold for the 10-year contract.
To watch the live auction of the new PSL franchises, follow our blog.
PSL Franchise Auction Date and Time
The PCB has announced the PSL new franchise auction date. The auction will be held on 6 January 2026, and as far as the auction time is concerned, no exact time has been given by PCB yet. But it is being heard that the auction will start exactly at 12 pm.
What is the PSL New Franchise Starting Bid?
PCB had been planning for a long time to make two new teams part of the PSL. Now, after 10 years of PSL being completed and after the PSL valuation was done, it became clear what the minimum price of a PSL franchise should be. Therefore, PCB has announced the starting bid for the two new franchises that are going to become part of the PSL. The starting bid for the new PSL franchises will begin from four million dollars, and the bid can go as high as possible depending on how much interest people have in buying a new PSL team.
Remember that at this time, Multan Sultans are the most expensive team in the PSL with around $14 Million. Now it will be seen how many million dollars these two new franchises will become part of the PSL and which two lucky cities they will belong to.
Biding Criteria
Any company or individual can take part in the PSL bidding, but for that you must register yourself before 15 December to become part of the auction. Only those people will be able to participate in the PSL auction who have already registered for the auction. If you want to purchase a PSL franchise, then register before 15 December at 11 am so that you can acquire a new PSL franchise through bidding.
Top Bidder Advantage
As soon as PCB starts the bidding for the new PSL franchises, every person who wants to purchase a PSL franchise will start bidding. In the bidding, only the top two bidders will be able to acquire the new PSL franchises.
The top bidder will have the option to choose any one city from these six cities and make that team their own. The second bidder will choose one team from the remaining cities.
Some people are also thinking whether the top bidder will have the option to select any other city of their choice. The answer is no. The six cities announced publicly by PCB are the only ones from which the top bidder can pick one city and name the team. That name will be shared with you here.
