LAHORE: Karachi Kings secure David Warner for PKR 7.9 crore after an interesting bidding war with Peshawar Zalmi.
For context, each franchise has been allocated a total budget of PKR 45 crore (PKR 450 million) for squad building, along with an additional PKR 5.5 crore reserved for direct signings. All franchises, including the two new teams, Hyderabad Houston Kingsmen and Sialkot Stallionz, have already confirmed their retentions and direct signings.
Following retentions and direct signings, Islamabad United will enter the auction with a remaining purse of PKR 34.60 crore. Karachi Kings head in with PKR 32.26 crore, while Rawalpindi also retain PKR 34.60 crore going into the bidding.
Among the remaining teams, Lahore Qalandars have PKR 31.36 crore left, Peshawar Zalmi hold PKR 27.96 crore, and Quetta Gladiators have PKR 27.54 crore. Meanwhile, the two new franchises, Sialkot Stallionz and Hyderabad Houston Kingsmen, will start the auction with PKR 23.34 crore and PKR 21.94 crore, respectively.
Read also: PSL-11 Player auction: Islamabad United secure Faheem Ashraf for PKR 8.5 crore
