PCB Makes Major Decision on Player Salaries Ahead of PSL 12

The Pakistan Cricket Board (PCB) has decided against reducing salaries for Pakistani players in the Pakistan Super League (PSL), following a virtual meeting with franchise owners. During the meeting, concerns were raised about excessive player pay, but the PCB chose not to endorse the proposal. The board emphasized its commitment to resolving outstanding financial obligations by October 31.

One defaulting company assured the PCB that it would fulfill its financial responsibilities by submitting a bank guarantee secured against its land. Discussions on the auction for PSL Season 12 – tentatively scheduled for January 23 – ensued, with one franchise owner suggesting an alternative location in China. The PCB set January 13 as a deadline for player retentions, although another franchise owner proposed shifting the process to December.

The official team schedule for PSL 12 is set to commence on March 18, culminating in the final match on May 2 at Lahore’s Gaddafi Stadium. The South Asian Games (SAG) are slated to occur in Islamabad, Lahore, and Peshawar from April 4 to 11, thereby precluding PSL matches in those cities during that timeframe. The PCB is focused on nurturing young talent from school cricket, with a commitment to identify promising players and aid franchises in developing their skills within team frameworks. The franchise owners welcomed the proposal for player development.