The financial value of the Pakistan Super League has increased, as the yearly fee of the two new franchises exceeds the total annual fee of the remaining five teams.The Hyderabad team will pay an annual fee of 175 crore rupees, while Sialkot will pay 185 crore rupees. The combined yearly fee of the two new teams is 34 percent higher than that of the other five franchises.
The total annual fee of Lahore, Karachi, Islamabad, Quetta, and Peshawar comes to 264 crore rupees. Under the new valuation, Lahore Qalandars will pay 67 crore annually, Karachi Kings 64 crore, Peshawar Zalmi 49 crore, Islamabad United 78 crore, and Quetta Gladiators 38 crore rupees.
To retain a team, owners had to add 25 percent of the new valuation to the old fee. The owners of Multan Sultans, who paid 108 crore rupees in the 10th edition, did not retain the team’s ownership.
After Ali Tareen’s withdrawal, the PCB will manage Multan Sultans’ affairs itself this year.
