HBL PSL Season 12 Preparations Finalized as Franchises Agree on Key Retention Rules and Squad Structures; Player Retention Deadline Set for January 13, 2027
LAHORE: The operations workshop at the Gaddafi Stadium was a great success, bringing together stakeholders to make important decisions ahead of the upcoming HBL Pakistan Super League (PSL) Season 12.
The Pakistan Cricket Board (PCB) stated that all the PSL franchise sides have agreed on the player retention policies, the auction format and player rosters. The last date for player retention is declared by official guidelines, which is 13 Jan 2027.
Retention Limits and Conditions of PSL 12 Operational Workshop: Franchise will be allowed to keep a max of 7 players.
But a team that chooses to keep all seven of their players on the roster will have to trade away their top player from the last season.Salary Cap and Spending limits: Every franchise will have a standard salary cap of Rs 450 million (approx $1.6 million).
For franchises that have signed their players directly, the salary cap has been raised to Rs 505 million and there is a minimum spending requirement of Rs 365 million for the player auction. Direct Signing Protocol: The direct sign window is open and will end on November 23, 2026.
The direct signs will be available to players who haven’t been picked or played in the last two PSL seasons.PSL Chief Executive Officer Salman Naseer welcomed the “consensus” that was reached by the PSL committee members at the workshop, where they discussed every detail of the auction principles and the team-building process to make sure the teams are competitive.