The Pakistan Super League (PSL) has entered a new phase with the adoption of the auction model in place of its regular draft system.
Akin to the IPL, PSL franchises will now acquire new players via bidding now. All teams were allocated a starting purse of PKR 45 crore (around USD 1.6 million or Rs 14.60 crore) heading in.
Notably, the even is underway as of this writing. For fans in India who wish to catch all the action, here is how to watch PSL 2026 Auction live streaming details.
PSL 2026 Auction: How To Watch Live Stream
The PSL 2026 Auction is being live streamed on the official PCB YouTube channel, but that is blocked in India.
There is an alternative available though, which is the Sports TV YouTube channel.
PSL 2026 Auction: All Franchises
Islamabad United, Karachi Kings, Lahore Qalandars, Multan Sultans, Peshawar Zalmi, Quetta Gladiators, as well as the newly added Hyderabad, and Sialkot franchises are participating in the PSL 2026 Auction.
As mentioned earlier, each franchise began the process with a base budget of PKR 45 crore. That said, the spending limit could be increased to PKR 50.5 crore if a team opted to directly sign one overseas player who had not featured in the previous edition of the PSL.
Cricketers picked during the auction were handed two-year deals, a move aimed at ensuring continuity while giving franchises the opportunity to establish a stable core group for the seasons ahead.
PSL 2026 has been expanded too with the inclusion of two new franchises from Hyderabad and Sialkot, increasing the league’s strength to eight teams.
The season is scheduled to run from March 26 to May 3. With more teams in the mix, the Pakistan Cricket Board (PCB) has introduced changes to the squad-building structure to preserve competitive balance.
The revamped system is designed to give franchises added strategic freedom while ensuring a level playing field in terms of budget management and player recruitment.
