The PSL started in 2016 with 5 teams and later in 2018 the sixth team was introduced. A lot of money is at stake with the the very exciting PSL. It is very intriguing to know how much were the PSL franchises sold for and who are their owners. The Planet Today has come up with the list of the PSL franchises owners and their bid price.
Also Check out : PSL 2019 Teams and Categories
Islamabad United
The team which has won two PSL trophies (2016 & 2018) and has the greatest number of players that have made it to the Pakistan playing 11 side. It not only has featured some strong international players in the first 3 seasons like Andre Russell, Alex Hales, Sam Billings and JP Duminy but has also seen some great national talent like Shadab Khan and Asif Ali. Owner: Leonine Global Sports (Ali Naqvi and Amna Naqvi) Bid Price: $15 Million, bought by Leonine Global Sports for a tenure of 10 years ($1.5 million per year). Leonine Global Sports is an entity made by Pakistani investors for the sole purpose of acquiring a PSL franchise. Head Coach: Dean Jones (Australia)Also Have a look at: PSL 2019 Points Table
Peshawar Zalmi
Next on the list is the very exciting and highly capable team of Peshawar Zalmi led by Darren Sammy. The team has won the 2017 PSL trophy and was the runner up of PSL 2018. The Zalmis have some of the most important names of cricket like Kieron Pollard, Chris Jordan, Andre Fletcher and Darren Sammy. Their key fast bowlers, Wahab Riaz and Hassan Ali make the bowling attack strong as well. Owner: Haier Pakistan (Javed Afridi, CEO) Bid Price: $16 Million (10-year tenure, $1.6 million per year) Head Coach: Mohammad Akram (Pakistan)Also Have a look at: PSL 2019 Schedule
Quetta Gladiators
One of the strongest team in the PSL. The Quetta Gladiators are known for their calmness all through the tournament. They have qualified for the play offs all 3 times and have been runner ups in the 2016 and 2017 edition of PSL. These statistics show how consistent the Quetta Gladiators team is with Sarfraz Ahmed as their captain who is also currently the captain of the Pakistan team. Some prominent players of the Quetta Gladiators are Shane Watson, Riley Rossouw, Sunil Narine and Dwayne Bravo. Local players include talent like Umar Akmal and Sohail Tanvir. Owner: Omar Associates (Nadeem Omar, Director) Bid Price: $11 Million (10-year tenure, $1.1 million per year) Head Coach: Moin Khan (Pakistan)Lahore Qalandars
Perhaps the team with the greatest number of high rated players but Lahore Qalandars have always been under the pump and people have called it bad luck. The team has shown inconsistency in all 3 PSL seasons as their star players have not fired. The team performed so badly that they ended up at the bottom of the table in all 3 PSL seasons. Some of the featured players in the side are Ab De Villiers, Corey Anderson, Carlos Brathwaite, Fakhar Zaman and Mohammad Hafeez. Previously led by Brendon McCullum Owner: Qatar Lubricants (Fawad Rana, MD) Bid Price: Sold out for $25 million for a 10-year tenure ($2.5 million per year), Lahore Qalandars are the second most expensive team in the PSL. Head Coach: Aaqib JavedKarachi Kings
Regarded as one of the most expensive teams of the PSL. The franchise is known to pick up key players every year like Babar Azam, Colin Munro, Shahid Afridi and Mohammad Amir. Despite their strong team, the team has been unable to win a PSL trophy so far, however they have managed to make it to the play offs all three times. Owner: ARY Group (Salman Iqbal, CEO) Bid Price: Sold out for $26 Million for a 10-year period ($2.6 million per year), Karachi Kings is the most expensive franchise in PSL. The ARY Group had to out bid giant companies like Mobilink and Arif Habib Group in order to acquire the Karachi Kings franchise. Head Coach: Mickey ArthurRefresh the PSL 2018 moments with : PSL 2018 Points table and Play off Results