PSL 11 Trade Window Opens for One Week

The PSL trade window for the Pakistan Super League 11 has officially opened and will remain active until March 18, just a week before the eight-team tournament begins.

During the PSL trade window, the eight participating franchises are allowed to conduct player trades in accordance with the tournament regulations and salary cap rules.

Teams can complete deals through three different mechanisms: Player for Player trades, Player for Money trades, and Player for Player and Money trades.

Types of trades allowed in PSL 11

Under the Player for Player trade system, two franchises can exchange players with each other provided their salary categories are similar.

In a Player for Money trade, a franchise can transfer a player to another team in exchange for an agreed financial amount.

Meanwhile, the Player for Player and Money trade allows teams to exchange players while one of the players involved in the deal also carries an agreed financial compensation.

All trades must be completed within each franchise’s salary cap. Any deal will only be finalised once it receives approval from the Pakistan Cricket Board.

Multan Sultans receive special salary cap exemption

The Pakistan Super League also announced a special exemption for Multan Sultans following their recent ownership change.

The franchise has been granted an additional PKR 1.2 crore increase in their salary cap. Multan Sultans have also been allowed to increase their squad size to 22 players by making two additional signings.

However, despite the expanded squad limit, their matchday squad will remain restricted to 20 players, the same as the other PSL teams.

According to the PSL statement, the decision was made with the approval of the other participating franchises due to the exceptional circumstances surrounding the acquisition of the team.

Due to the exceptional circumstances under which Multan Sultans were acquired, the franchise with the approval of the other teams has been granted an incremental PKR 1.2 crore increase in their salary cap, along with permission to make two additional signings, taking their maximum squad size to 22 players, although they will, like other teams be limited to a matchday squad size of 20 players.

Ownership twist before PSL 11

For context, the 2021 champions Multan Sultans were initially expected to miss the upcoming 11th edition of the Pakistan Super League after the franchise was rebranded to Pindiz following its acquisition by Walee Technologies during the player auction held last month.

However, a late development saw Gohar Shah’s CD Ventures enter the picture. The company had been Walee Technologies’ closest competitor in the auction for Multan Sultans.

CD Ventures then acquired majority shares of Sialkot Stallionz, one of the two new PSL franchises that had been auctioned in January this year.

After purchasing the franchise for Rs200 million last week, CD Ventures rebranded the team as Multan Sultans, ensuring the side’s participation in PSL 11.

Also check out: Multan Sultans Sign Two Pakistani Pacers for PSL 11

Source: https://psl-t20.com/