Pakistan Cricket Board (PCB) Chairman Mohsin Naqvi has announced revised prize money for the upcoming Pakistan Super League (PSL) edition set for April 2026.
“Complementing the Pakistan Super League’s growth, I am thrilled to announce a new reward for franchises in the forthcoming editions,” he said in a post on X.
The champions will take home $500,000, the same as the 2025 edition, while the runner-up team will take home $300,000, which is an increase of the previous year’s $200,000 reward.
Additionally, a $200,000 reward will be given to the best franchise contributing towards cricket development.
Separately, PCB confirmed that the auction for the two new PSL franchise teams will take place on January 6, 2026, while the decision for which cities have been shortlisted, will be made after December 15.
“This marks a significant milestone in the league’s continued expansion and its commitment to expanding its footprint across Pakistan,” the board said.
“The addition of two new teams will also create fresh commercial, sporting and fan engagement opportunities,” it added.
PSL, which started in 2016 with five teams, expanded to six franchises with the addition of Multan Sultans in 2018.
The inclusion of another two teams would mark its first major restructuring in seven years.