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
Chris Jordan, Base price: 4.2Cr, UNSOLD.
Mohammad Ali, SOLD to Hyderabad Kingmen, 2.15Cr.
Rawalpindi have stepped out of the bidding
Mohammad Ali SOLD to Rawalp... NO! There's some drama as Hyderabad have now entered the race.
Rawalpindi and Peshawar are still involved in intense bidding for Mohammad Ali
Mohammad Ali, Base price: 1.1Cr up next.
Rawalpindi open the bidding for him and Peshawar have entered the fray as well.
Ihsanullah, Base price: 1.1Cr. UNSOLD.
Fast bowlers up next.
Saud Shakeel, Base price: 2.2Cr. UNSOLD.
Jahanzaib Sultan to Sialkot Stallionz for 60L. SOLD!
Jahanzaib Sultan, Base price: 60L up next
Rilee Rossouw goes to Quetta Gladiators for 5.55Cr, SOLD!
Quetta Gladiators have entered the bidding war, and are going head to head with Team Rawalpindi, for Rossouw.
Rilee Rossouw, Base price 4.2Cr up next
David Warner SOLD to Karachi Kings for 7.9Cr.
The golden bat allows teams to move away from the minimum bidding increment and name a fixed price for the player.
Intense bidding between Karachi and Peshawar for David Warner.
Bidding upto PKR 7Cr now.
Karachi again take out the golden bat to name a fixed price of 6Cr.
Peshawar Zalmi have entered the bidding.
Karachi Kings take out the golden bat to name a fixed price, and they've come up with a 5Cr bid.
David Warner out next, and he's found suitors.
George Munsey, base price 60L, UNSOLD.
Kamran Ghulam, Base price 1.1Cr, UNSOLD.
Omair Bin Yousuf, Base price 60L, UNSOLD.
Muhammad Riazullah, Base price 60L, UNSOLD.
Colin Munro, UNSOLD.
Kyle Mayers at a base price of PKR 1.1Cr out next. And he also goes UNSOLD.
That's the end of the all-rounders lot, now on to the batters.
Mohammad Zeeshan goes UNSOLD.
Danish Aziz also goes UNSOLD.
Asif Afridi next up, and he goes UNSOLD.
Hussain Talat out next, and he goes UNSOLD as well.
Mehidy Hasan Miraz next name out at base price of PKR 1.1Cr. And he goes UNSOLD!
Mohammad Junaid next name, and he goes UNSOLD as well.
Imad Wasim next name out of the lot and he goes UNSOLD!
Faheem Ashraf - Islamabad United (PKR 8.5 Cr)
Lahore Qalandars, Karachi Kings, Islamabad United and Quetta Gladiators are all in for Faheem Ashraf.
Faheem Ashraf first name out of the lot.
Fresh off a match-winning knock in the T20 World Cup against the Netherlands.
All-rounders first up.
Here we go now!
Great time to revisit this quickly, as the bidding is about to start.
PSL CEO Salman Naseer is making opening remarks before we get onto the bidding.
The first-ever PSL auction is set to start!
Host and auctioneer Zainab Abbas gets things underway.
Remaining purse for every team ahead of PSL auction
Franchise | Remaining Purse (PKR) |
Hyderabad Houston Kingsmen | 21.94 Crore |
Rawalpindi (Multan) | 34.6 Crore |
Sialkot Stallionz | 23.34 Crore |
Islamabad United | 34.6 Crore |
Karachi Kings | 32.26 Crore |
Lahore Qalandars | 31.36 Crore |
Peshawar Zalmi | 27.96 Crore |
Quetta Gladiators | 27.54 Crore |
...and we're on!
The broadcast of the auction has now begun, with former Pakistan captain Urooj Mumtaz analysing the retentions.
While we wait for the auction to start, here's why Peshawar Zalmi's direct overseas signing, Rahmanullah Gurbaz, pulled out of PSL 2026.
Slight delay in the start of the auction
The PSL 2026 auction was set to start at 11.30am local time, but proceedings are yet to begin almost 15 minutes on from the scheduled start.
Here’s the full list of players who have registered for the PSL 2026 auction.
Retention list for each team ahead of PSL 2026 auction
Lahore Qalandars: Shaheen Shah Afridi, Abdullah Shafique, Sikandar Raza, Mohammad Naeem.
Quetta Gladiators: Abrar Ahmed, Usman Tariq, Hasan Nawaz, Shamyl Hussain.
Islamabad United: Shadab Khan, Salman Irshad, Andries Gous.
Peshawar Zalmi: Babar Azam, Sufyan Moqim, Abdul Samad, Ali Raza.
Karachi Kings: Hasan Ali, Mohammad Abbas Afridi, Khushdil Shah, Saad Baig.
Sialkot Stallionz: Mohammad Nawaz, Salman Mirza, Ahmed Daniyal, Saad Masood.
Hyderabad Houston Kingsmen: Saim Ayub, Usman Khan, Maaz Sadaqat, Akif Javed.
Direct overseas signings ahead of PSL 2026 auction
Islamabad United: Devon Conway
Karachi Kings: Moeen Ali
Lahore Qalandars: Mustafizur Rahman
Quetta Gladiators: Spencer Johnson
Sialkot Stallionz: Steve Smith
Hyderabad Houston Kingsmen: Marnus Labuschagne
