PSL Team Owners Push PCB to Cut Player Salary Budget
Pakistan Super League (PSL) franchise owners have asked the Pakistan Cricket Board (PCB) to reduce the base player salary purse, calling the current amount too high.
Pakistan Super League (PSL) franchise owners have asked the Pakistan Cricket Board (PCB) to reduce the base player salary purse, calling the current amount too high.
Article outline
- What happened
- The key numbers
- The details
- The bottom line
Key points
- Under the current structure, top-tier players can earn up to $150, 000, second-tier $80, 000, third-tier $40, 000, and fourth-tier $21, 500.
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- The demand was raised at the latest PSL Council session held in London last week, chaired by PCB Chairman Mohsin Naqvi.
- After the league's first 10 editions, the PCB had raised the base salary purse to $1.6 million per franchise (around Rs.
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For context, the demand was raised at the latest PSL Council session held in London last week, chaired by PCB Chairman Mohsin Naqvi. This person did not respond to the request during the session. PCB Not Required to Reveal Salaries and Perks of Players: IHC.
After the league's first 10 editions, the PCB had raised the base salary purse to $1.6 million per franchise (around Rs. 450 million) under the auction system, extendable to $1.8 million to sign one eligible foreign player who missed the previous season.
Notably, the call for a cut follows this year's sale of three franchises, new entrants Hyderabad (Rs. 1.75 billion) and Rawalpindi (Rs. 1.85 billion), and existing side Multan Sultans (Rs. 1.08 billion). PCB Considers Two Feasible Scheduling Windows for PSL 12.
Notably, the remaining five owners reacquired their teams at much lower rates, leaving new owners struggling more with costs. The PCB is additionally facing outstanding payment matters from some league stakeholders. Stay Connected with ProPakistani.
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Taken together, the developments around PSL Team Owners Push PCB to Cut Player Salary Budget point to a situation that is still moving, and the coming days should bring more clarity.
