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Sialkot Stallionz Land Steve Smith in Record PSL Deal as Auction Nears

A new one-off foreign signing slot under PSL expansion turbocharged salaries before the league’s first auction.

Overview

  • New franchise Sialkot Stallionz used the direct-signing window to secure Steve Smith for a reported fee exceeding $500,000, or more than Rs140 million.
  • The reported package would make Smith the highest-paid player in league history at roughly double Babar Azam’s Rs7 crore salary.
  • The PCB’s expansion rules allow each team one direct overseas signing from outside last season’s PSL and reduce retentions from eight players to four.
  • The direct-signing period was reported to close on February 6 ahead of the first-ever PSL auction on February 11, with the season slated to begin on March 26.
  • Lahore Qalandars announced a direct deal for Mustafizur Rahman at about Rs6.44 crore, as reports also suggest some contracts exceed officially declared figures.