Pakistan Super League - PSL

Rawalpindi secures pacer Naseem Shah for Rs86.5m in highest bid at PSL 11 player auction in Lahore​


News Desk
February 11, 2026

The first-ever player auction for the 11th edition of the Pakistan Super League (PSL) is underway in Lahore, with fast bowler Naseem Shah sold to Rawalpindi for Rs86.5 million — the highest bid of the auction.

The auction resumed after a short recess with bidding on all-rounders, after multiple rounds of bidding earlier saw major players auctioned off, including Fakhar Zaman, David Warner, and Muhammad Amir.

Last month, the Pakistan Cricket Board (PCB) announced that the upcoming season of the country’s premier cricket league would adopt an auction model, replacing the previous draft system.
 
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In January, the cricket board shared the base prices for players, with the top bracket set at Rs42 million (platinum), followed by Rs22m (diamond), Rs11m (gold), and Rs6m (silver and emerging).

The cricket board said the minimum incremental bid for each base price would follow as:

Rs250,000 for bid amounts under Rs11m
Rs500,000 for bid amounts under Rs22m
Rs1m for bid amounts under Rs42m
Rs1.5m for bid amounts above Rs42m
“The franchises are free to bid higher than the above-mentioned minimum incremental bid for each base price,” the PCB said.
 
Each squad will have a “minimum of 16 players and a maximum of 20 players per franchise”, while the number of foreign players would be five to seven, depending on the squad size.

PCB said that it would be mandatory for the franchises to include a minimum of three and a maximum of four foreign players in the playing XI.

Furthermore, it said that the teams would also be required to have a minimum of two uncapped Under-23 players in the squad and one in the playing XI.

The cricket board said, “Players either retained or picked in the HBL PSL 11 Players Auction will be engaged for two-year contracts with their respective franchise teams. After the HBL PSL 11, the franchise teams will be able to retain a maximum of seven players for the 12th edition of the tournament.”

“Following the HBL PSL 12, there shall be a grand auction whereby each franchise is allowed a maximum of five retentions. Any released player will return to the player auction pool,” it added.

PCB said that the franchises would also be entitled to directly sign one foreign player for the upcoming season, who has not played in the previous edition.

“The franchise team’s purse of Rs450m would be extendable to Rs505m to include the directly signed foreign players.”

“The PCB will also contribute towards the procurement of elite foreign players,” the statement said.

The tournament is scheduled to be held from March 26 to May 3. The forthcoming PSL will also feature two new franchises — Hyderabad and Sialkot — raising the total number of teams to 8.
 
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Top 10 most expensive players of PSL 11 auction​

Saim Ayub (Hyderabad Houston Kingsmen) – Rs126 million (retention)

Naseem Shah (Rawalpindi) – Rs86.5 million

Faheem Ashraf (Islamabad United) – Rs85 million

Daryl Mitchell (Rawalpindi) – Rs80.5 million

Fakhar Zaman (Lahore Qalandars) – Rs79.5 million

David Warner (Karachi Kings) – Rs79 million

Haris Rauf (Lahore Qalandars) – Rs76 million

Mark Chapman (Islamabad United) – Rs70 million

Khawaja Mohammad Nafay (Quetta Gladiators) – Rs65 million

Sahibzada Farhan (Sialkot Stallionz) – Rs57 million
 

Team squads​

Hyderabad Houston Kings:
Marnus Labuschagne, Saim Ayub, Akif Javed, Maaz Sadaqat, Usman Khan, Mohammad Ali, Kusal Perera, Muhammad Irfan Khan, Hassan Khan, Shayan Jahangir, Ottniel Baartman, Hammad Azam, Riley Meredith, Sharjeel Khan, Asif Mehmood, Hunain Shah, Rizwan Mehmood, Saad Ali, Tayyab Arif

Islamabad United: Devon Conway, Shadab Khan, Salman Irshad, Andries Gous, Faheem Ashraf, Mehran Mumtaz, Max Bryant, Mark Chapman, Mohammad Wasim Jnr, Mir Hamza Sajjad, Sameen Gul, Sameer Minhas, Shamar Joseph, Imad Wasim, Richard Gleeson, Haider Ali, Mohammad Hasnain, Dipendra Singh Airee

Karachi Kings: Moeen Ali, Hasan Ali, Mohammad Abbas Afridi, Khushdil Shah, Saad Baig, David Warner, Azam Khan, Salman Ali Agha, Shahid Aziz, Mir Hamza, Adam Zampa, Hamza Sohail, Aqib Ilyas, Khuzaima Bin Tanveer, Johnson Charles, Muhammad Waseem, Ihsanullah, Rizwanullah

Lahore Qalandars: Mustafizur Rahman, Shaheen Shah Afridi, Abdullah Shafique, Sikandar Raza, Mohammad Naeem, Haris Rauf, Usama Mir, Fakhar Zaman, Ubaid Shah, Mohammad Farooq, Dasun Shanaka, Parvez Hussain Emon, Asif Ali, Hussain Talat, Tayyab Tahir, Gudakesh Motie

Rawalpindi: Mohammad Rizwan, Sam Billings, Zaman Khan, Yasir Khan, Naseem Shah, Rishad Hossain, Daryl Mitchell, Mohammad Amir, Abdullah Fazal, Amad Butt, Dian Forrestor, Laurie Evans, Asif Afridi, Kamran Ghulam, Fawad Ali, Mohammad Amir Khan, Shahzaib Khan

Peshawar Zalmi: Aaron Hardie, Babar Azam, Sufyan Moqim, Abdul Samad, Ali Raza, Aamir Jamal, Khuram Shahzad, Mohammad Haris, Khalid Usman, Abdul Subhan, James Vince, Michael Bracewell, Kusal Mendis, Iftikhar Ahmed, Nahid Rana, Mirza Tahir Baig, Kashif Ali

Quetta Gladiators: Spencer Johnson, Abrar Ahmed, Usman Tariq, Hasan Nawaz, Shamyl Hussain, Rilee Rossouw, Faisal Akram, Arafat Minhas, Jahandad Khan, Khawaja Mohammad Nafay, Wasim Akram Jnr, Khan Zaib, Bismillah Khan, Saqib Khan, Brett Hampton, Sam Harper, Bevon Jacobs, Saud Shakeel, Ben McDermott, Tom Curran

Sialkot Stallionz: Steve Smith, Mohammad Nawaz, Mohammad Salman Mirza, Ahmed Daniyal, Saad Masood, Jahanzaib Sultan, Sahibzada Farhan, Ashton Turner, Peter Siddle, Tabraiz Shamsi, Lachlan Shaw, Delano Potgieter, Josh Phillippe, Shan Masood, Momin Qamar, Muhammad Awais Zafar
 
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Naseem, Faheem fetch record fees at PSL's first-ever auction​

For PKR 86.5 million, Naseem moved from Islamabad to Rawalpindi, while Ashraf returned to Islamabad for PKR 85 million
 

Multan Sultans set to become Rawalpindi franchise after record high sale​


Walee Technologies made the purchase with CD Ventures and Particle Igniter the other interested participants

Danyal Rasool

Multan Sultans finished last in PSL 202

The auction for the Multan Sultans franchise has ended in a record sale, with an annual franchise fee of PKR 2.45 billion, the highest valuation in the Pakistan Super League's history. The franchise was purchased by Walee Technologies, a financial technology company.

The auction took place two days out from the PSL player auction for the league's 11th edition, the first time squads will be filled by an auction rather than a draft. Before the auction, Sultans did not retain a single player from their previous season, and will fill their entire squad through direct signings or at the auction itself.
 
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