The player auction for the 2026 Pakistan Super League will be held on February 11 - here’s all the live updates, latest news and full squads for each team.

The player auction for the 2026 Pakistan Super League will be held on February 11 - here’s all the live updates, latest news and full squads for each team.

The first-ever player auction for the PSL is being held on Wednesday (February 11), with the pre-existing six teams joined by two new sides. Hyderabad and Sialkot are the new entrants in the edition, which will be held in the last week on March.

Ahead of the auction, each team could retain four players each, with the biggest headlines being the releases of Mohammad Rizwan (Multan Sultans) and Haris Rauf (Lahore Qalandars). Babar Azam, Shadab Khan and Shaheen Afridi were all retained by their respective sides, while Steve Smith was a major pre-auction signing by Sialkot.

What are the auction purses of all teams?

Each franchise had an auction purse of PKR 45 crore, which can be extended to PKR 50.5 crore, if they directly sign one overseas player who did not feature in the PSL last season.

Ahead of the auction, Hyderabad and Rawalpindi (formerly Multan) have the highest auction purse, at PKR 50.5 crore, while Quetta Gladiators have a purse of PKR 33.14 crore.

Where to watch the PSL auction live?

The auction can be viewed live around the globe on the official YouTube channel of the PCB, while it will also be live-streamed on Tapmadm Tamasha and Myco in the country.

Complete broadcast and live streaming details for the PSL 2026 auction can be found here.

PSL 2026 auction, live updates

8 hours ago

Zahid Mehmood, Base price: 1.1Cr. UNSOLD.

8 hours ago

Mehran Mumtaz to Islamabad United. SOLD for 1.2Cr.

8 hours ago

Rawalpindi are out of the race.

8 hours ago

Islamabad raise the golden bat and take the bidding upto 1.1Cr.

8 hours ago

Mehran Mumtaz, Base price: 60L.

Islamabad and Rawalpindi open the bidding.

8 hours ago

Arif Yaqoob, Base price: 60L. UNSOLD.

8 hours ago

Peter Hatzoglou, Base price: 60L. UNSOLD.

8 hours ago

Momin Qamar, Base price: 60L. UNSOLD.

8 hours ago

Ali Majid, Base price: 60L. UNSOLD.

8 hours ago

Mirza Mamoon Imtiaz, Base price: 60L. UNSOLD.

8 hours ago

Rishad Hossain to Team Rawalpindi. SOLD for 3Cr.

8 hours ago

Rawalpindi have taken the bidding upto PKR 3Cr. Karachi are out of the race.

8 hours ago

Karachi and Rawalpindi still going at it. Bidding upto 2.20Cr for Rishad Hossain.

8 hours ago

Rishad Hossain, Base price: 1.1Cr. Rawalpindi open the bidding, with Karachi joining in.

8 hours ago

Spinners up next.

8 hours ago

Johnson Charles, Base price: 2Cr. UNSOLD.

8 hours ago

Dinesh Chandimal, Base price: 1.10Cr. UNSOLD.

8 hours ago

Sahibzada Farhan to Sialkot Stallionz. SOLD for 5.70Cr.

8 hours ago

Sialkot have taken it up to 5.70Cr.

8 hours ago

Sialkot have now bid 5.40Cr for Sahibzada Farhan.

8 hours ago

Karachi have now joined the race after Quetta and Islamabad step out.

8 hours ago

Islamabad and Quetta exchange the early blows for Sahibzada Farhan.

8 hours ago

Sahibzada Farhan, Base price: 4.2Cr, is up next. And this could go down all the way.

8 hours ago

Bhanuka Rajapaksa, Base price: 1.1Cr. UNSOLD.

8 hours ago

Ben McDermott, Base price: 1.1Cr. UNSOLD.

8 hours ago

Muhammad Akhlaq, Base price: 60L. UNSOLD

8 hours ago

Azam Khan to Karachi Kings, 3.65Cr. SOLD!

8 hours ago

But Karachi Kings have ultimately won the race for Azam Khan.

8 hours ago

Just as Quetta stepped out, Sialkot Stallionz have entered the race against Karachi for Azam Khan.

8 hours ago

Karachi Kings have raised the golden bat and made a bid of 2.25Cr for Azam Khan

8 hours ago

Quetta Gladiators have joined the race and are rivalling Karachi for Azam Khan.

8 hours ago

Azam Khan, Base price: PKR 1.1Cr, is up next.

Karachi and Islamabad enter the fray immediately.

8 hours ago

Wicketkeeper-batters in the upcoming lot.

8 hours ago

Dilshan Madushanka, Base price: PKR 2.2Cr. UNSOLD.

8 hours ago

Naseem Shah SOLD to Team Rawalpindi for PKR 8.65Cr.

8 hours ago

Karachi are out now! Rawalpindi leading with an 8.65Cr bid.

8 hours ago

And after Islamabad pull out, Rawalpindi have entered the race at 8.65Cr.

8 hours ago

Karachi have further raised the bid to 8.2Cr, but Islamabad United then make an 8.35Cr bid.

8 hours ago

Karachi have now raised the golden bat to bid PKR 7.5Cr for Naseem Shah.

8 hours ago

Islamabad United have also entered the race.

8 hours ago

Karachi have raised the golden bat and made a PKR 6.5Cr bid for Naseem.

8 hours ago

Naseem Shah is the next name out of the bag. He has a base price of 4.2Cr.

8 hours ago

Rumman Raees, Base price: 1.1Cr. UNSOLD!

8 hours ago

Mohammad Hasnain, Base price: 1.1Cr. UNSOLD!

8 hours ago

We're continuing with fast bowlers after the short break.

8 hours ago

Haris Rauf to Lahore Qalandars, SOLD for PKR 7.6Cr.

8 hours ago

But Lahore Qalandars haven't backed out and the bidding is upto PKR 7.6Cr now.

8 hours ago

Rawalpindi raise the golden bat and make a bid of 7Cr for the Pakistan pacer.

8 hours ago

The bidding is upto 6.15Cr for Haris Rauf.

8 hours ago

Haris Rauf is the next name out and there's already a bidding war between Lahore and Quetta.