The auction for the 2026 Pakistan Super League (PSL) is set to take place on February 11, and fans around the world are eagerly anticipating live updates, the latest news, and a complete overview of team rosters.
This year marks the inaugural player auction for the PSL, happening on Wednesday, February 11. Adding excitement to the event, two new franchises, Hyderabad and Sialkot, will join the existing six teams. This upcoming season is scheduled for the last week of March, promising an action-packed series.
In preparation for the auction, each franchise has the opportunity to retain up to four players. Notably, key players such as Mohammad Rizwan from Multan Sultans and Haris Rauf from Lahore Qalandars have been released, making headlines in the lead-up to the auction. Meanwhile, prominent figures like Babar Azam, Shadab Khan, and Shaheen Afridi have all successfully retained their positions with their respective teams. In a significant pre-auction move, Sialkot managed to sign cricket superstar Steve Smith, who is returning to the PSL after a seven-year hiatus.
Now, you might be wondering about the financial aspects of this auction. Each team has been allocated a budget of PKR 45 crore, which can increase to PKR 50.5 crore if they secure a direct signing of an overseas player who did not participate in the previous PSL season. As we look ahead to the auction, Hyderabad and Rawalpindi (formerly known as Multan) boast the largest budgets at PKR 50.5 crore, while Quetta Gladiators are operating with a purse of PKR 33.14 crore.
For those interested in watching the auction unfold live, it will be streamed globally on the official YouTube channel of the Pakistan Cricket Board (PCB), as well as on Tapmad, Tamasha, and Myco within Pakistan. Detailed broadcast and live streaming information for the PSL 2026 auction can also be found online.
Live Updates from the PSL 2026 Auction
Just one hour ago, bids began for players such as Mohammad Amir with a base price of 4.2 crore, catching the attention of Rawalpindi. Meanwhile, Khurram Shahzad has been secured by Peshawar Zalmi for 2.7 crore. In another exciting development, Afghanistan has set a challenging target of 18 runs in the Super Over against South Africa, with Fazalhaq Farooqi poised to bowl the critical Super Over.
As the auction progresses, several players have gone unsold, including Alzarri Joseph, Tymal Mills, and Nahid Rana, each starting with a low base price but failing to attract any bids. With many fast bowlers coming up for bidding next, anticipation builds as teams strategize to strengthen their lineups. For instance, Max Bryant was recently sold to Islamabad United for 1.95 crore after intense bidding between them and Peshawar Zalmi.
In a surprising turn of events, Daryl Mitchell saw his bid exceed 8 crore, ultimately leading Rawalpindi to win the bid for him at 8.05 crore! Meanwhile, the bidding for Pakistani veteran Fakhar Zaman has exploded past 7 crore, reflecting his high demand among teams. Currently, Lahore Qalandars have successfully acquired him for 7.95 crore.
As the auction continues, it seems clear that the players and teams are going through an electrifying rollercoaster of bids and decisions. From Karachi Kings securing Agha for 5.85 crore to Quetta Gladiators snapping up Jahandad Khan for 2.5 crore, the excitement is palpable. As we witness these strategic moves, it's fascinating to see how teams adapt and respond to one another's bids.
Will your favorite team land the players they need? What strategies do you think will dominate this year's auction? Feel free to share your thoughts or predictions in the comments below!
