Naseem Shah Becomes Most Expensive Signing in the Historic PSL Auction 2026 Player List

Fast bowler Naseem Shah became the most expensive player in the PSL 2026 auction, with Rawalpindi giving him a bid of record 86.5 million rupees. In Lahore, the first-ever player auction took place in the PSL which changed the composition of teams, with Naseem Shah and Faheem Ashraf topping the bids ahead of the PSL 11 season.

Naseem Shah Leads Record Bids at PSL Auction 2026

The first-ever PSL auction 2026 concluded at the Expo Centre Lahore, marking a new era for the Pakistan Super League. Naseem Shah was the most costly player in PSL 2026 when Team Rawalpindi acquired him at 86.5 million. This historic bid narrowly surpassed Faheem Ashraf, who joined Islamabad United for Rs 85 million.

Franchises engaged in intense bidding for the PSL 2026 players list. Rawalpindi also signed New Zealand’s Daryl Mitchell for Rs 80.5 million and Mohammad Amir for Rs 54 million. These moves signal a shift in strategy as PSL teams 2026 utilize the new auction model to build competitive PSL all team squad 2026 lineups.

Major Signings and PSL Teams 2026 Updates

• Lahore Qalandars prioritized their core, spending Rs 79.5 million on Fakhar Zaman and Rs 76 million on Haris Rauf.
• Meanwhile, Karachi Kings boosted their PSL squad 2026 by acquiring Australian star David Warner for Rs 79 million. They also added Salman Ali Agha for Rs 58.5 million and Adam Zampa for Rs 45 million.

The PSL 11 auction featured 880 registered cricketers. Newly inducted franchises like Sialkot Stallions and Hyderabad Kings Men actively participated.

• Sialkot Stallions bought Sahibzada Farhan for Rs 57 million.
• Hyderabad Kings Men signed Riley Meredith for Rs 42 million.

PSL 11 Squad Composition and Unsold Players

All PSL teams must maintain squads of 16 to 21 players. A standard 16-member PSL players list requires five foreign players and two Under-23 cricketers. Despite the high spending, Bangladesh’s Shakib Al Hasan remained unsold at a base price of Rs 22 million.

The PSL 2026 start date is set for March. With eight teams now competing, the PSL schedule 2026 promises more matches. PCB Chairman Mohsin Naqvi oversaw the ceremony, distributing new kits to owners. Fans followed the PSL auction live on different platforms as PSL 2026 preparations reached their peak.