After the conclusion of the tenth season in 2025, the initial ten-year franchise agreements for the six original teams expired. The Pakistan Cricket Board (PCB) engaged Ernst & Young to conduct a valuation of the league's assets to set new terms for the next decade (2026–2035). In October 2025, HBL Pakistan renewed its title sponsorship for PSL for the next two years. In November 2025, five of the then-existing six franchises successfully renewed their contracts under the new financial model except Multan Sultans. As part of the PCB's plan to expand the league from six to eight teams, an auction for two new franchises was held on 8 January 2026. Six cities were shortlisted for consideration: Faisalabad, Gilgit, Hyderabad, Muzaffarabad, Rawalpindi and Sialkot. Following the auction, Hyderabad Kingsmen and Sialkot were selected as the seventh and eighth teams, with ownership rights acquired by FKS Group and OZ Developers respectively. Ali Tareen, previous owner of Multan Sultans franchise, announced that he would not renew his agreement with the PCB, and cited financial losses and disagreements regarding the league's management. Thus, PCB decided to resell the franchise through an auction on 9 February 2026, where Walee Technologies acquired it and rebranded the identity to Rawalpindiz after relocating. Later, Sialkot owners sold the franchise to CD Ventures, who rebranded and brought back the Multan Sultans.
The trophy for the season was named "Infinity". Designed by Hanif Jewellers, it was handcrafted by 18 artisans. It featured a circular base with eight emerald-cut jewels representing eight teams. It had two golden curved arms rising to hold a crescent and a star along with hundreds of small crystals. It was revealed on 11 March at National Bank Stadium, Karachi, and toured across the country.
The champions received US$500,000, while the runner-up team received US$300,000. Moreover, a US$200,000 reward was awarded to the "best franchise contributing towards cricket development".
The player auction for the eleventh season was held on 11 February 2026 in Lahore, Pakistan. It was the first time in PSL history that players were selected through an auction system, replacing the draft method that had been used since the league began in 2016. Team purse was capped at Rs. 45 crore and was allowed to be extended to Rs. 50.5 crore to allow direct signing of one foreign player who had not featured in a previous season. Franchises were allowed to retain up to four players, one in each category before the auction; new franchises were allowed to sign four players to match the retentions of the other six franchises. 888 players, including local and foreign, registered for the auction at 4 different base prices. Rawalpindiz signed Pakistani pacer Naseem Shah for Rs. 8.65 crore, making him the most expensive player in the auction. Additionally, they secured New Zealand all-rounder Daryl Mitchell for Rs. 8 crore, the most expensive overseas signing. Player transfer window was opened from 12 March to 18 March, allowing franchises to trade players. Multan Sultans' salary cap was increased by Rs. 1.2 crore to allow two additional signings, making the full squad of 22 players. On 26 March, the PCB introduced a new rule that each captain could submit two sets of first XI to the referee before beginning the match.
The PCB revealed the venue details on 10 March 2026. Lahore hosted the opening match as well as the final. Initially the tournament was scheduled to be held across six cities, but due to the economic impact of the 2026 Iran war, the Government of Pakistan (GoP) and Pakistan Cricket Board (PCB) announced on 22 March that the tournament would be played in only two cities, Lahore and Karachi, temporarily behind closed doors to reduce movement to save fuel. The opening ceremony was also cancelled. Later, on the request of franchise owners, Prime Minister Shehbaz Sharif allowed the fans to attend the playoffs and the final. Gaddafi Stadium, Lahore , National Bank Stadium, Karachi
On 23 March 2026, the PCB announced the list of fifteen umpires and eight match referees for the league stage. They included four members of the Elite Panel of ICC Umpires and nine of the PCB domestic umpires. Roshan Mahanama returned to extend his record of 71 matches as a match referee in the PSL. Richie Richardson, Allahudien Paleker, and Sharfuddoula made their first appearances as match officials in PSL. Alex Wharf and Ahsan Raza were named as on-field umpires for the opening match with Asif Yaqoob as television umpire and Tariq Rasheed as fourth umpire.
Richie Richardson , Roshan Mahanama , Ali Naqvi , Kamran Chaudhary , Bilal Khilji , Aleem Moosa , Iftikhar Ahmed , Sohail Idrees
Ahsan Raza , Chris Gaffaney , Sharfuddoula Saikat , Allahudien Paleker , Alex Wharf , Chris Brown , Asif Yaqoob , Rashid Riaz , Faisal Afridi , Zulfiqar Jan , Nasir Hussain , Abdul Muqeet , Alay Haider , Tariq Rasheed , Imran Javed
The season's logo variant was revealed on 4 March, with an official nomenclature, HBL PSL 11, and the official anthem was released on 24 March, titled "Khelenge Beat Pe".
In February 2026, PCB held three bids for broadcasting rights; however, the rights for India were withheld. Walee Technologies, who were also the owners of the Rawalpindiz franchise, won all bids, including the international rights, with a 149 percent increase in value as compared to the previous rights cycle, although the official financial figures were not disclosed. Also, the local broadcasting and streaming rights were sold for Rs. 2,611 crore for a four-year period. The names for the commentary panel and presenters were revealed on 23 March. Notably, Shoaib Malik made his debut in Urdu commentary after retiring from the game, as he had played in the previous ten seasons. Due to no on-field spectators, this edition was a watch-from-home event, having a dedicated Urdu feed along with a match analysis talk show which was introduced for the first time.
Due to the expansion to eight teams, this edition was played under a revised format with a total of 44 matches, replacing the double round-robin format used in previous editions. The teams were divided into two virtual groups of four; each team played twice against the other teams in its group and once against each team in the opposite group, resulting in a total of ten league-stage matches per team. The top four teams in the overall standings qualified for the playoffs, which were played under the page playoff system to determine the champion.
C = Champions; , R = Runners-up; , (x) = Position at the end of the tournament;
| Pos | Teamv, t, e | Pld | W | L | NR | Pts | NRR | Qualification |
| 1 | Peshawar Zalmi (C) | 10 | 8 | 1 | 1 | 17 | 2.324 | Advanced to the Qualifier |
| 2 | Islamabad United (3rd) | 10 | 6 | 3 | 1 | 13 | 1.667 | |
| 3 | Multan Sultans (4th) | 10 | 6 | 4 | 0 | 12 | 0.326 | Advanced to the Eliminator 1 |
| 4 | Hyderabad Kingsmen (R) | 10 | 5 | 5 | 0 | 10 | −0.361 | |
| 5 | Lahore Qalandars | 10 | 5 | 5 | 0 | 10 | −0.482 | Eliminated |
| 6 | Karachi Kings | 10 | 5 | 5 | 0 | 10 | −0.869 | |
| 7 | Quetta Gladiators | 10 | 3 | 7 | 0 | 6 | −0.410 | |
| 8 | Rawalpindiz | 10 | 1 | 9 | 0 | 2 | −1.760 |
Note: The total points at the end of each group match are listed., Note: Click on the points (group matches) or W/L (playoffs) to see the match summary.
| Team | Group matches | Playoffs | |||||||||||
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | E1/Q | E2 | F | |
| Hyderabad Kingsmen | 0 | 0 | 0 | 0 | 2 | 4 | 6 | 8 | 8 | 10 | W | W | L |
| Islamabad United | 0 | 1 | 3 | 5 | 7 | 7 | 9 | 9 | 11 | 13 | L | L | |
| Karachi Kings | 2 | 4 | 6 | 6 | 6 | 6 | 6 | 6 | 8 | 10 | |||
| Lahore Qalandars | 2 | 2 | 4 | 4 | 4 | 4 | 6 | 8 | 8 | 10 | |||
| Multan Sultans | 2 | 4 | 4 | 6 | 8 | 8 | 10 | 12 | 12 | 12 | L | ||
| Peshawar Zalmi | 2 | 3 | 5 | 7 | 9 | 11 | 13 | 15 | 17 | 17 | W | W | |
| Quetta Gladiators | 0 | 2 | 2 | 2 | 4 | 4 | 6 | 6 | 6 | 6 | |||
| Rawalpindiz | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 2 |
| Win | Loss | No result |
Note: Results listed are according to the home (horizontal) and visitor (vertical) teams., Note: Click on a result to see a summary of the match.
| Visitor team → | HK | IU | KK | LQ | MS | PZ | QG | RP |
| Home team ↓ | ||||||||
| Hyderabad Kingsmen | Hyderabad6 wickets | Hyderabad4 wickets | Peshawar4 wickets | Hyderabad5 wickets | ||||
| Islamabad United | Islamabad8 wickets | Islamabad4 wickets | Matchabandoned | Pindiz6 wickets | ||||
| Karachi Kings | Hyderabad4 wickets | Islamabad8 wickets | Karachi5 wickets | Multan11 runs | Peshawar159 runs | Karachi14 runs | ||
| Lahore Qalandars | Lahore69 runs | Islamabad9 wickets | Karachi4 wickets | Lahore6 wickets | Quetta6 wickets | |||
| Multan Sultans | Multan6 wickets | Multan5 wickets | Lahore20 runs | Multan7 wickets | ||||
| Peshawar Zalmi | Peshawar7 wickets | Peshawar76 runs | Peshawar24 runs | Peshawar8 wickets | Peshawar5 wickets | |||
| Quetta Gladiators | Quetta40 runs | Islamabad8 wickets | Karachi9 wickets | Lahore9 runs | Multan6 wickets | Peshawar118 runs | ||
| Rawalpindiz | Hyderabad108 runs | Islamabad7 wickets | Karachi5 wickets | Lahore32 runs | Multan6 wickets | Quetta61 runs |
| Home team won | Visitor team won |
The schedule was planned following the completion of the 2026 Men's T20 World Cup, which was held during February and March, and the league also coincided with the 2026 Indian Premier League. The PCB announced a revised schedule on 22 March 2026. Lahore Qalandars won the toss and elected to bat. Quetta Gladiators won the toss and elected to field. Rawalpindiz won the toss and elected to bat. Multan Sultans won the toss and elected to field. Quetta Gladiators won the toss and elected to bat. Lahore Qalandars won the toss and elected to bat. , Karachi Kings were awarded 5 penalty runs for Lahore Qalandars' ball tampering. No toss. , No play was possible due to rain. Hyderabad Kingsmen won the toss and elected to bat. Quetta Gladiators won the toss and elected to bat. Karachi Kings won the toss and elected to field. Multan Sultans won the toss and elected to field. , The match was reduced to 13 overs per side due to rain. Islamabad United won the toss and elected to field. , Mohammad Faiq (Islamabad United) made his debut in PSL. Multan Sultans won the toss and elected to field. Multan Sultans won the toss and elected to field. Peshawar Zalmi won the toss and elected to field. Islamabad United won the toss and elected to field. Karachi Kings won the toss and elected to field. , Babar Azam (Peshawar Zalmi) became the fastest batter to score 12,000 runs in T20s. , Kusal Mendis (Peshawar Zalmi) scored his maiden century in Pakistan Super League and became the first player from Sri Lanka to score a century in Pakistan Super League. , The 191-run partnership between Kusal Mendis and Babar Azam (Peshawar Zalmi) became the highest partnership for any wicket in the Pakistan Super League. , Peshawar Zalmi scored their highest total in Pakistan Super League. , Karachi Kings scored their lowest total in Pakistan Super League. , Peshawar Zalmi recorded the largest win by runs in Pakistan Super League. Rawalpindiz won the toss and elected to field. Lahore Qalandars won the toss and elected to field. , Dunith Wellalage (Islamabad United) made his debut in PSL. , Babar Azam (Peshawar Zalmi) scored his 4,000th run in Pakistan Super League. Hyderabad Kingsmen won the toss and elected to field. , Hyderabad Kingsmen recorded their first win in Pakistan Super League. Hyderabad Kingsmen won the toss and elected to field. Multan Sultans won the toss and elected to field. Peshawar Zalmi won the toss and elected to field. , Mohammad Basit (Peshawar Zalmi) made his debut in PSL. , Rilee Rossouw (Quetta Gladiators) became the first overseas player to play 100 matches in the PSL. , Babar Azam (Peshawar Zalmi) scored his 100th half-century in T20s. Hyderabad Kingsmen won the toss and elected to field. , Glenn Maxwell (Hyderabad Kingsmen) took his 200th wicket in T20s. Islamabad United won the toss and elected to field. , Dipendra Singh Airee (Islamabad United) made his debut in PSL as a substitute player. Lahore Qalandars won the toss and elected to bat. , Charith Asalanka (Lahore Qalandars) made his debut in PSL. , Peshawar Zalmi qualified for the play-offs as a result of this match. Lahore Qalandars won the toss and elected to bat. , Rawalpindiz eliminated as a result of this match. Karachi Kings won the toss and elected to field. Quetta Gladiators won the toss and elected to field. , Peshawar Zalmi scored their highest total in Pakistan Super League, surpassing 246/3 which scored earlier in this season.[citation needed] Lahore Qalandars won the toss and elected to bat. Rawalpindiz won the toss and elected to bat. Karachi Kings won the toss and elected to bat. , Kusal Mendis (Peshawar Zalmi) scored his 6,000th run in T20s. , Kusal Mendis (Peshawar Zalmi) surpassed Rilee Rossouw for the record of most runs by an overseas batsman in a single PSL edition, reaching a total of 493 runs. Hyderabad Kingsmen won the toss and elected to field. , Steve Smith (Multan Sultans) scored his maiden century in Pakistan Super League. , Usman Khan (Hyderabad Kingsmen) scored his fourth century in Pakistan Super League, the most by any batter. Rawalpindiz won the toss and elected to field. , Rawalpindiz recorded their first win in Pakistan Super League. Karachi Kings won the toss and elected to field. Islamabad United won the toss and elected to field. , Islamabad United and Multan Sultan qualified for the play-offs as a result of this match. Karachi Kings won the toss and elected to field. , Quetta Gladiators were eliminated as a result of this match. Lahore Qalandars won the toss and elected to field. , Karachi Kings were eliminated as a result of this match. , Lahore Qalandars broke Peshawar Zalmi's record of 8-match win streak in Pakistan Super League. Rawalpindiz won the toss and elected to field. , Hyderabad Kingsmen qualified for the play-offs while Lahore Qalandars were eliminated as a result of this match. Islamabad United won the toss and elected to field.
| Match 1 26 March 2026 (2026-03-26) 19:00 (N) Scorecard |
| Lahore Qalandars199/6 (20 overs) | v | Hyderabad Kingsmen130 (20 overs) |
| Fakhar Zaman 53 (39) Hassan Khan 2/30 (4 overs) | Marnus Labuschagne 26 (22) Haris Rauf 2/22 (4 overs) |
| Lahore Qalandars won by 69 runs Gaddafi Stadium, Lahore Umpires: Ahsan Raza (Pak) and Alex Wharf (Eng) Player of the match: Fakhar Zaman (Lahore Qalandars) |
| Match 2 27 March 2026 (2026-03-27) 19:00 (N) Scorecard |
| Karachi Kings181/7 (20 overs) | v | Quetta Gladiators167/7 (20 overs) |
| Moeen Ali 48* (29) Ahmed Daniyal 3/36 (4 overs) | Shamyl Hussain 52 (24) Hassan Ali 4/27 (4 overs) |
| Karachi Kings won by 14 runs. Gaddafi Stadium, Lahore Umpires: Sharfuddoula (Ban) and Tariq Rasheed (Pak) Player of the match: Moeen Ali (Karachi Kings) |
| Match 3 28 March 2026 (2026-03-28) 14:30 Scorecard |
| Rawalpindiz214/4 (20 overs) | v | Peshawar Zalmi218/5 (19.1 overs) |
| Yasir Khan 83 (46) Ali Raza 2/42 (3 overs) | Mohammad Haris 47 (28) Amad Butt 2/45 (4 overs) |
| Peshawar Zalmi won by 5 wickets. Gaddafi Stadium, Lahore Umpires: Alex Wharf (Eng) and Faisal Afridi (Pak) Player of the match: Michael Bracewell (Peshawar Zalmi) |
| Match 4 28 March 2026 (2026-03-28) 19:00 (N) Scorecard |
| Islamabad United171/8 (20 overs) | v | Multan Sultans175/5 (18.4 overs) |
| Mark Chapman 40 (21) Momin Qamar 3/24 (3 overs) | Josh Philippe 55 (35) Salman Irshad 2/28 (4 overs) |
| Multan Sultans won by 5 wickets. Gaddafi Stadium, Lahore Umpires: Sharfuddoula (Ban) and Ahsan Raza (Pak) Player of the match: Momin Qamar (Multan Sultans) |
| Match 5 29 March 2026 (2026-03-29) 14:30 Scorecard |
| Quetta Gladiators174/8 (20 overs) | v | Hyderabad Kingsmen134/8 (20 overs) |
| Shamyl Hussain 54 (41) Riley Meredith 3/38 (4 overs) | Irfan Khan Niazi 33 (25) Abrar Ahmed 3/23 (4 overs) |
| Quetta Gladiators won by 40 runs. Gaddafi Stadium, Lahore Umpires: Ahsan Raza (Pak) and Alex Wharf (Eng) Player of the match: Shamyl Hussain (Quetta Gladiators) |
| Match 6 29 March 2026 (2026-03-29) 19:00 (N) Scorecard |
| Lahore Qalandars128/9 (20 overs) | v | Karachi Kings131/6 (19.3 overs) |
| Abdullah Shafique 33 (24) Adam Zampa 2/11 (4 overs) | Muhammad Waseem 38 (37) Shaheen Afridi 4/18 (4 overs) |
| Karachi Kings won by 4 wickets. Gaddafi Stadium, Lahore Umpires: Faisal Afridi (Pak) and Sharfuddoula (Ban) Player of the match: Adam Zampa (Karachi Kings) |
| Match 7 31 March 2026 (2026-03-31) 19:00 (N) Scorecard |
Islamabad United won the toss and elected to field.
Hyderabad Kingsmen won the toss and elected to field.
Islamabad United won the toss and elected to field.
Peshawar Zalmi won the toss and elected to field.
Maryam Nawaz, the Chief Minister of Punjab and niece of Prime Minister Shehbaz Sharif, attended the opening match along with several political figures, despite the PCB having restricted the general public at the stadiums. A controversy emerged with a tweet from the official X account of Rawalpindiz's fast bowler Naseem Shah, criticizing Nawaz's reception. Although the tweet was later deleted and Shah issued a clarification claiming his account had been compromised, the PCB issued him a show-cause notice, asserting that the incident breached the terms of his central contract and the board's media regulations regarding public criticism of officials. Shah was fined Rs. 2 crore and his social media manager was blacklisted from managing any player under a PCB contract.
Punjab Police wrote a formal letter to the PSL CEO, stating that on 28 March, Lahore Qalandars' captain Shaheen Shah Afridi and teammate Sikandar Raza breached a security protocol at the team hotel by bringing four visitors to a hotel room, despite the permission request by Qalandars team owner Sameen Rana being denied by PSL officials. Police requested a review of the incident and demanded necessary action to prevent future violations. Raza later stated he was unaware of the updated protocols, noting that meeting family members at the hotel had been allowed in previous seasons. Lahore Qalandars fined Afridi Rs. 10 lakh after an inquiry, and the PCB issued new, stricter regulations regarding team accommodation.
On 29 March, on-field umpires found that Lahore Qalandars had violated Law 41.3.2, which deals with ball tampering. As a result, they were penalized five runs, which were awarded to Karachi Kings during the match. The match referee conducted an investigation immediately after the match, where Lahore Qalandars player Fakhar Zaman denied the allegations of tampering. A second investigation held on 31 March 2026 resulted in Zaman receiving a two-match ban.
On 29 March, the PCB fined Hasan Ali of Karachi Kings 10% of his match fee for violating Law 2.5, which deals with inappropriate language or gestures against a dismissed batsman. He was found to have made such a gesture toward Haseebullah Khan of Lahore Qalandars.
Source: Wikipedia