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PSL Unveils Expansion, Stadium Push and Media Overhaul at Lord’s Roadshow

The Lord’s event set a concrete course for growth through confirmed team expansion and a formal commercial reboot.

Wasim Akram speaks at the PSL event
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Overview

  • Bids are open for two new franchises, taking the 11th edition to eight teams for the league’s first expansion in seven years.
  • PCB will build international-standard stadiums in Islamabad and Muzaffarabad and has committed to staging PSL matches in Muzaffarabad.
  • The board launched the PCB Live OTT platform and issued a new international media-rights tender to widen global reach.
  • PSL will be converted into a limited company with a planned IPO, and prize money for PSL 11 is set at $500,000 for the champion, $300,000 for the runner-up, and $200,000 for a development award.
  • A New York roadshow is planned next, while current and former players praised PSL’s talent pipeline as Wasim Akram’s remarks contrasting the IPL’s length drew attention.