PSL 2026 Auction: Shocking Unsold Players, Mega Buys & Full Squads! (2026)

The PSL 2026 auction is here, and the cricketing world is buzzing! Get ready for a whirlwind of player acquisitions, strategic bids, and the formation of brand-new Pakistan Super League squads. This year marks a significant milestone as the PSL introduces its first-ever player auction, expanding from six to eight teams with the exciting additions of Hyderabad and Sialkot. The action kicks off on February 11th, with the tournament itself scheduled for the last week of March.

But here's where it gets interesting... Before the auction dust settles, teams had the chance to retain up to four players. This led to some major shake-ups, with fan favorites Mohammad Rizwan (formerly Multan Sultans) and Haris Rauf (Lahore Qalandars) being surprisingly released. On the flip side, stalwarts like Babar Azam, Shadab Khan, and Shaheen Afridi remain with their existing franchises. A massive pre-auction coup saw Australian legend Steve Smith sign with the new Sialkot franchise, creating a huge buzz.

Understanding the Auction Purse: A Crucial Element

Each of the eight franchises started with an auction purse of PKR 45 crore. However, this figure could be boosted to PKR 50.5 crore if a team decided to directly sign an overseas player who wasn't part of the PSL in the previous season. This strategic option can significantly influence a team's bidding power.

And this is the part most people miss... Ahead of the auction, the newly formed Hyderabad and Rawalpindi (which has taken over from Multan) teams boasted the largest auction purses at PKR 50.5 crore. In contrast, the Quetta Gladiators had a more modest purse of PKR 33.14 crore, meaning they'd have to be particularly shrewd with their spending.

Where can you catch all the live action?

For fans around the globe, the entire auction can be streamed live on the official YouTube channel of the PCB. Within Pakistan, additional live streaming options are available on Tapmadm Tamasha and Myco.

Live Auction Updates - Key Moments & Big Buys:

  • Mohammad Amir attracted a bid from Rawalpindi, with his base price set at 4.2 crore PKR.
  • Khurram Shahzad was acquired by Peshawar Zalmi for 2.7 crore PKR.
  • Alzarri Joseph, a prominent West Indian fast bowler, went unsold despite a base price of 4.2 crore PKR.
  • England's Tymal Mills also failed to find a buyer, remaining unsold with a base price of 2.2 crore PKR.
  • Bangladesh's promising quick, Nahid Rana, was another player who went unsold.
  • Max Bryant was secured by Islamabad United for 1.95 crore PKR after a bidding war with Peshawar Zalmi.
  • New Zealand batter Daryl Mitchell fetched a hefty 8.05 crore PKR from Rawalpindi.
  • Fakhar Zaman was a hot commodity, ultimately going to Lahore Qalandars for 7.95 crore PKR after an intense bidding war with Islamabad United.
  • Pakistan's T20I captain, Salman Ali Agha, was a significant signing, acquired by Karachi Kings for 5.85 crore PKR.
  • Jahandad Khan found a home with Quetta Gladiators for 2.5 crore PKR.
  • Usama Mir was involved in a fierce bidding battle between Lahore Qalandars and Karachi Kings, eventually sold to Lahore for 3.5 crore PKR.
  • Aamir Jamal was snapped up by Peshawar Zalmi for 1.9 crore PKR.
  • Shakib Al Hasan, the renowned Bangladesh all-rounder, surprisingly went UNSOLD.
  • Faisal Akram was secured by Quetta Gladiators for 1.25 crore PKR.
  • Mehran Mumtaz was acquired by Islamabad United for 1.2 crore PKR.

A Point of Contention: The release of key players like Rizwan and Rauf, while retaining others, raises questions about team strategies. Is it always best to hold onto established stars, or is there a strategic advantage in refreshing the squad through the auction? What are your thoughts on these retention decisions? Let us know in the comments below!

PSL 2026 Auction: Shocking Unsold Players, Mega Buys & Full Squads! (2026)
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