The Pakistan Super League is a professional Twenty20 cricket league contested during February and March of every year by six teams representing six cities in Pakistan. The league was founded on 9 September 2015 with five teams and now comprises six teams. The final name of the sixth team for PSL 2018 season was announced on 1 June 2017; Multan Sultans.
About Pakistan Super League in brief
The Pakistan Super League is a professional Twenty20 cricket league contested during February and March of every year by six teams representing six cities in Pakistan. The league was founded on 9 September 2015 with five teams and now comprises six teams. The commercial rights to the initial franchises were sold for US$93 million for a span of 10 years in December 2015. The market value of PSL in 2017 was up to US$300 million according to Arif Habib, and has grown significantly in the years since. The possibility of adding a sixth team to the league in 2017, possibly in Azad Kashmir, was also under discussion, but was rejected by May 2016. PCB short-listed five names for sixth team; Faisalabad, FATA, Hyderabad, Dera Murad Jamali and Multan.
The final name of the sixth team for PSL 2018 season was announced on 1 June 2017; Multan Sultans; owned by Schön Properties at USD 5. 2 million annually. In May 2016, the PCB officially announced that the inaugural season of the PSL yielded profits of US$2. 6 million. The PSL is played in a double round-robin format. Every team plays each other twice and the top four advance to the Playoffs. In any play-off match in which there is no result, a super over is used to determine the winner. In the group stage, two points are awarded for a win, one for a no-result and none for a loss. The top four teams with the best record qualify for the playoffs and culminates in the championship game, PSL Cup Final.
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This page is based on the article Pakistan Super League published in Wikipedia (as of Dec. 08, 2020) and was automatically summarized using artificial intelligence.
