PSL 11 is unlike any other season before it. PSL 11 Squad 2026 revealed! Check full team squads, player lists, and latest updates for all PSL teams in Pakistan Super League 2026
If you want one place that tells you exactly who is playing for which team in PSL 2026, and what each player cost, this is it. No fluff, no guessing — just the full picture.
What Makes PSL 11 Different from Previous Seasons
Before we get into the squads, here’s what changed and why it matters.
The auction system is brand new. From 2016 to 2025, PSL used a draft where players were slotted into fixed price categories — Platinum, Gold, Silver, and Emerging. Teams picked in set orders. There was no bidding war. That all ended in PSL 11.
On February 11, 2026, at Lahore Expo Centre, all eight franchises sat down and bid openly for players for the very first time. A total of 888 players registered, and 103 were sold across the auction.
Two new teams joined the league. PSL expanded from six to eight franchises, adding:
- Hyderabad Kingsmen (owned by FKS Consortium)
- Rawalpindiz / Pindiz (owned by Walee Technologies, who bought the former Multan Sultans franchise)
Also, the previous Multan Sultans franchise did not continue under that name. Walee Technologies rebranded and relocated the team to Rawalpindi.
Each team’s auction purse was capped at PKR 45 crore, extendable to PKR 50.5 crore if they directly signed one foreign player who hadn’t played PSL before. Teams could also retain up to four players before the auction started.
The Most Expensive Players in PSL 2026
Before diving team by team, here are the top buys from the entire auction:
| Player | Team | Price (PKR) |
|---|---|---|
| Naseem Shah | Rawalpindiz | 8.65 crore |
| Faheem Ashraf | Islamabad United | 8.50 crore |
| Daryl Mitchell | Rawalpindiz | 8.05 crore |
| Fakhar Zaman | Lahore Qalandars | 7.95 crore |
| David Warner | Karachi Kings | 7.90 crore |
| Haris Rauf | Lahore Qalandars | 7.60 crore |
| Khawaja Nafay | Quetta Gladiators | 6.50 crore |
| Mark Chapman | Islamabad United | 7.00 crore |
| Sahibzada Farhan | Sialkot Stallionz | 5.70 crore |
| Steve Smith | Sialkot Stallionz | 14 crore (Direct Signing) |
Note: Steve Smith’s 14 crore direct signing by Sialkot is outside the main auction purse. Direct signings of unregistered overseas players were capped at PKR 5.5 crore from the auction purse but could go higher as a pre-auction direct deal.
PSL 2026 Full Squad — All 8 Teams With Player Prices
For the complete team-by-team breakdown with squad combination analysis, visit PSL 2026 All Teams Squads — PSL Update Hub.
1. Lahore Qalandars — PSL 11 Squad 2026
Lahore came in aggressive. They locked in their pace attack early — Shaheen and Haris Rauf together form one of the most dangerous bowling combinations in the tournament. Fakhar Zaman returning gives them a feared opener.
Retentions & Direct Signings:
| Player | Price (PKR) |
|---|---|
| Shaheen Shah Afridi | 7.00 crore |
| Abdullah Shafique | 2.20 crore |
| Sikandar Raza | 2.80 crore |
| Mohammad Naeem | 70 lakh |
| Mustafizur Rahman | 6.44 crore |
Bought at Auction:
| Player | Price (PKR) |
|---|---|
| Fakhar Zaman | 7.95 crore |
| Haris Rauf | 7.60 crore |
| Usama Mir | 3.50 crore |
| Ubaid Shah | 2.70 crore |
| Haseebullah Khan | 1.10 crore |
| Gudakesh Motie | 1.10 crore |
| Dasun Shanaka | 75 lakh |
| Tayyab Tahir | 60 lakh |
| Parvez Hossain Emon | 60 lakh |
| Asif Ali | 60 lakh |
| Mohammad Farooq | 60 lakh |
Team Strength: Deadly pace-spin combo. Batting depth with Fakhar, Abdullah Shafique, and Tayyab Tahir. Lahore are genuine title contenders.
2. Karachi Kings — PSL 11 Squad 2026
Karachi went star-hunting. Signing David Warner as their marquee overseas bat was the headline move. Moeen Ali as a direct signing adds class and balance in the middle order.
Retentions & Direct Signings:
| Player | Price (PKR) |
|---|---|
| Hasan Ali | 4.76 crore |
| Abbas Afridi | 3.08 crore |
| Khushdil Shah | 3.36 crore |
| Saad Baig | 60 lakh |
| Moeen Ali | 6.44 crore |
Bought at Auction:
| Player | Price (PKR) |
|---|---|
| David Warner | 7.90 crore |
| Salman Ali Agha | 5.85 crore |
| Adam Zampa | 4.50 crore |
| Azam Khan | 3.25 crore |
| Johnson Charles | 2.00 crore |
| Mir Hamza | 2.40 crore |
| Muhammad Waseem | 1.10 crore |
| Ihsanullah | 1.05 crore |
| Shahid Aziz | 92.5 lakh |
| Khuzaima Bin Tanveer | 90 lakh |
| Mohammad Hamza Sohail | 62.5 lakh |
| Aqib Ilyas | 60 lakh |
| Rizwanullah | 60 lakh |
Team Strength: Explosive top order with Warner and Azam Khan. Moeen provides spin and lower-order hitting. Adam Zampa is a game-changer in T20 conditions.
3. Islamabad United — PSL 11 Squad 2026
Three-time champions and always dangerous. Islamabad kicked off the auction with the first big bid of the day — Faheem Ashraf at Rs 8.5 crore. They kept Shadab Khan and brought in Devon Conway as a direct signing alongside Mark Chapman.
Retentions & Direct Signings:
| Player | Price (PKR) |
|---|---|
| Shadab Khan | 7.00 crore |
| Devon Conway | 6.30 crore |
| Salman Irshad | 1.20 crore |
| Andries Gous | 1.40 crore |
Bought at Auction:
| Player | Price (PKR) |
|---|---|
| Faheem Ashraf | 8.50 crore |
| Mark Chapman | 7.00 crore |
| Mohammad Wasim Jr | 4.10 crore |
| Imad Wasim | 2.20 crore |
| Khurram Shahzad | 2.70 crore |
| Max Bryant | 1.95 crore |
| Sameer Minhas | 1.90 crore |
| Haider Ali | 1.50 crore |
| Shamar Joseph | 1.10 crore |
| Richard Gleeson | 1.10 crore |
| Mehran Mumtaz | 1.20 crore |
| Mir Hamza Sajjad | 70 lakh |
| Mohammad Hasnain | 77.5 lakh |
| Sameen Gul | 60 lakh |
| Dipendra Singh Airee | 60 lakh |
Team Strength: Deep squad. Faheem Ashraf is a genuine all-round weapon. Conway and Chapman at the top gives them serious T20 pedigree.
4. Peshawar Zalmi — PSL 11 Squad 2026
The headline story here is Babar Azam — the former Pakistan captain is now a Zalmi player after being snapped up as a retention. That alone makes Peshawar must-watch. Aaron Hardie came in as a direct signing to round out their overseas depth.
Retentions & Direct Signings:
| Player | Price (PKR) |
|---|---|
| Babar Azam | 7.00 crore |
| Sufiyan Muqeem | 4.48 crore |
| Abdul Samad | 2.80 crore |
| Ali Raza | 1.96 crore |
| Aaron Hardie | Direct Signing |
Bought at Auction:
| Player | Price (PKR) |
|---|---|
| Michael Bracewell | 4.20 crore |
| Kusal Mendis | 4.20 crore |
| James Vince | 3.00 crore |
| Rishad Hossain | 3.00 crore |
| Mohammad Haris | 2.20 crore |
| Iftikhar Ahmed | 1.80 crore |
| Aamir Jamal | 1.90 crore |
| Khurram Shahzad | 2.70 crore |
| Khalid Usman | 60 lakh |
| Nahid Rana | 60 lakh |
| Mirza Tahir Baig | 60 lakh |
| Abdul Subhan | 62.5 lakh |
Team Strength: Babar anchors the batting. Bracewell and Kusal Mendis add overseas quality. Sufiyan Muqeem is a clever spin option in home conditions.
5. Quetta Gladiators — PSL 11 Squad 2026
Quetta had the smallest available purse at PKR 33.14 crore heading into the auction, but they spent smartly. Retaining Abrar Ahmed — one of the most exciting mystery spinners in Pakistan cricket — was key. Rilee Rossouw gives them a big-hitting overseas finisher.
Retentions & Direct Signings:
| Player | Price (PKR) |
|---|---|
| Abrar Ahmed | 7.00 crore |
| Usman Tariq | 5.60 crore |
| Hasan Nawaz | 3.92 crore |
| Shamyl Hussain | 84 lakh |
| Spencer Johnson | Direct Signing |
Bought at Auction:
| Player | Price (PKR) |
|---|---|
| Khawaja Nafay | 6.50 crore |
| Rilee Rossouw | 5.55 crore |
| Tom Curran | 4.20 crore |
| Jahandad Khan | 2.50 crore |
| Faisal Akram | 1.25 crore |
| Ben McDermott | 1.10 crore |
| Arafat Minhas | 1.10 crore |
| Saud Shakeel | 65 lakh |
| Sam Harper | 60 lakh |
| Wasim Akram Jnr | 77.5 lakh |
| Bevon Jacobs | 60 lakh |
| Khan Zaib | 60 lakh |
| Bismillah Khan | 60 lakh |
| Saqib Khan | 60 lakh |
| Brett Hampton | 60 lakh |
Team Strength: Abrar Ahmed is a genuine PSL star. Rossouw and Curran give them proven T20 quality. Quetta look balanced despite the tighter budget.
6. Rawalpindiz (Pindiz) — PSL 11 Squad 2026
The biggest spenders in the auction. Rawalpindiz — formerly Multan Sultans under new ownership — came with PKR 50.5 crore and used most of it. Naseem Shah and Daryl Mitchell are the two crown jewels. Captain Mohammad Rizwan leads a squad packed with experience.
Retentions & Direct Signings:
| Player | Price (PKR) |
|---|---|
| Mohammad Rizwan | 5.60 crore |
| Sam Billings | 3.08 crore |
| Zaman Khan | 1.12 crore |
| Yasir Khan | 60 lakh |
Bought at Auction:
| Player | Price (PKR) |
|---|---|
| Naseem Shah | 8.65 crore |
| Daryl Mitchell | 8.05 crore |
| Mohammad Amir | 5.40 crore |
| Rishad Hossain | 3.00 crore |
| Asif Afridi | 2.40 crore |
| Laurie Evans | 1.10 crore |
| Amad Butt | 80 lakh |
| Abdullah Fazal | 67.5 lakh |
| Kamran Ghulam | 65 lakh |
| Fawad Ali | 60 lakh |
| Dian Forrester | 60 lakh |
| Mohammad Amir Khan | 60 lakh |
| Shahzaib Khan | 60 lakh |
Team Strength: Rizwan-Mitchell is a scary opening combo. Naseem Shah gives them elite pace. Mohammad Amir brings experience and craft. A genuine dark horse for the title.
7. Hyderabad Kingsmen — PSL 11 Squad 2026
Brand new franchise. Big ambitions. Hyderabad Kingsmen signed Marnus Labuschagne as their direct overseas player and splashed big on Saim Ayub — the most exciting young batter in Pakistan cricket — for a jaw-dropping PKR 12.60 crore, making him the most expensive domestic player in the auction.
Jason Gillespie, the former Australian fast bowler and Pakistan Test coach, is their head coach.
Retentions & Direct Signings:
| Player | Price (PKR) |
|---|---|
| Marnus Labuschagne | 5.88 crore (Direct Signing) |
Bought at Auction:
| Player | Price (PKR) |
|---|---|
| Saim Ayub | 12.60 crore |
| Usman Khan | 4.62 crore |
| Maaz Sadaqat | 3.50 crore |
| Kusal Perera | 3.10 crore |
| Irfan Khan Niazi | 2.90 crore |
| Mohammad Ali | 2.15 crore |
| Akif Javed | 1.96 crore |
| Hassan Khan | 1.85 crore |
| Ottneil Baartman | 1.10 crore |
| Shayan Jahangir | 60 lakh |
| Hammad Azam | 60 lakh |
Team Strength: Saim Ayub is box office. Labuschagne brings solidity and technique. Kingsmen look exciting on paper and could surprise everyone in their debut season.
8. Sialkot Stallionz — PSL 11 Squad 2026
The other new franchise. Sialkot Stallionz made the biggest statement in the entire PSL 2026 setup by signing Steve Smith as a direct overseas player for PKR 14 crore — the largest single player deal in the tournament. Sahibzada Farhan, one of Pakistan’s most dangerous openers, was their headline auction buy at PKR 5.70 crore.
Retentions & Direct Signings:
| Player | Price (PKR) |
|---|---|
| Mohammad Nawaz | 6.16 crore |
| Mohammad Salman Mirza | 3.92 crore |
| Ahmed Daniyal | 2.24 crore |
| Saad Masood | 84 lakh |
| Steve Smith | 14 crore (Direct Signing) |
Bought at Auction:
| Player | Price (PKR) |
|---|---|
| Sahibzada Farhan | 5.70 crore |
| Ashton Turner | 4.20 crore |
| Peter Siddle | 2.50 crore |
| Josh Philippe | 2.30 crore |
| Tabraiz Shamsi | 2.20 crore |
| Shan Masood | 65 lakh |
| Momin Qamar | 60 lakh |
| Delano Potgieter | 60 lakh |
| Lachlan Shaw | 60 lakh |
| Jahanzaib Sultan | 60 lakh |
Team Strength: Steve Smith anchors the batting alongside Sahibzada Farhan. Mohammad Nawaz is a match-winner with both bat and ball. Tabraiz Shamsi adds a dangerous left-arm wrist spin option.
How the PSL 2026 Auction System Worked
This is something most articles skip over. Here’s a quick breakdown for fans who want to understand the process:
- Team purse: Each franchise received PKR 45 crore to spend at auction.
- Extended purse: Teams that directly signed a foreign player not in the previous PSL got PKR 50.5 crore.
- Retentions: Teams could keep up to 4 players before the auction. New franchises (Hyderabad and Sialkot) were allowed matching signings to compensate.
- Base prices: Players registered at 4 different base price tiers.
- Direct signings: Teams could sign one overseas player outside the main auction, at up to PKR 5.5 crore from the purse. Pre-auction deals (like Steve Smith’s) were negotiated separately.
- Total sold: 103 players were sold on auction day.
PSL 11 Quick Facts
- Tournament dates: March 26 to May 3, 2026
- Number of teams: 8 (first time)
- Total matches: 44
- Format: Group stage (two groups of four) + playoffs
- Venues: Lahore and Karachi (matches moved to two cities due to security considerations)
- Title sponsor: HBL (HBL PSL 11)
- Most expensive player: Naseem Shah — PKR 8.65 crore (auction), Steve Smith — PKR 14 crore (direct signing)
- New franchises: Hyderabad Kingsmen, Rawalpindiz
- First match: Lahore Qalandars vs Hyderabad Kingsmen (Lahore won by 69 runs)
Which Team Has the Strongest Squad?
Every fan has a take, but here’s a fair read:
Lahore Qalandars — On paper, one of the strongest. Shaheen, Haris Rauf, Fakhar Zaman, and Mustafizur Rahman is elite quality across all three departments.
Rawalpindiz — Naseem Shah, Daryl Mitchell, and Rizwan as captain makes them formidable. Deep purse, smart spending.
Islamabad United — Experience and title-winning DNA. Faheem Ashraf at 8.5 crore is a statement. Shadab Khan as captain keeps them organized.
Hyderabad Kingsmen — Saim Ayub alone could win matches. A lot rides on the new franchise settling quickly.
Sialkot Stallionz — Steve Smith and Sahibzada Farhan at the top is scary. But new franchises always have coordination questions in their first season.
Frequently Asked Questions
Q: How many teams are playing in PSL 11? Eight teams — Lahore Qalandars, Karachi Kings, Islamabad United, Peshawar Zalmi, Quetta Gladiators, Rawalpindiz, Hyderabad Kingsmen, and Sialkot Stallionz.
Q: Who is the most expensive player in PSL 2026? In the live auction, Naseem Shah was bought by Rawalpindiz for PKR 8.65 crore. Steve Smith’s direct signing by Sialkot Stallionz at PKR 14 crore is the largest overall deal.
Q: When was the PSL 2026 auction held? The first-ever PSL player auction took place on February 11, 2026, at the Lahore Expo Centre.
Q: Is this the first PSL auction ever? Yes. PSL used a draft system from 2016 to 2025. PSL 11 is the first season to use an open bidding auction.
Q: Where is Multan Sultans in PSL 2026? Multan Sultans did not continue after its owners changed. Walee Technologies bought the franchise and rebranded it as Rawalpindiz, based in Rawalpindi.
Q: Who are the new teams in PSL 11? Hyderabad Kingsmen and Rawalpindiz (formerly Multan Sultans under new ownership).
Q: Where can I find the full updated squads for all PSL 2026 teams? You can find the complete and regularly updated PSL 2026 squad pages at PSL Update Hub — PSL 2026 All Teams Squads.
Sources
- Wisden — PSL 2026 Squads: Complete Team Lists After First-Ever Auction
- CREX — PSL Auction 2026 Players List, All Team Squad, Price List
- Wikipedia — 2026 Pakistan Super League
- Wikipedia — 2026 PSL Personnel Signings and Auction
- GeoSuper — PSL 11: Complete squads of all eight teams after historic players auction
- Tapmad — Full Team Lists for PSL 11 Following Landmark Auction
- PSL Update Hub — PSL 2026 All Teams Squads (Recommended reading for up-to-date squad changes and replacements)