The eighth edition of the Pakistan Super League (PSL) has achieved remarkable financial success, generating a staggering revenue of over PKR five billion. The Pakistan Cricket Board (PCB) has implemented a profit-sharing formula of 5-95, with the PCB receiving five percent and the franchises receiving 95 percent of the revenue. The revenue has been generated through various sources, including broadcasting rights, title sponsorship, gate money, and other associated rights during PSL 8. The unaudited figures of the central pool reveal that the total revenue from the tournament reached Rs. 5.62 billion in the last edition.
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Out of the total amount, the PCB’s share amounts to Rs. 582,534,480, while the franchises collectively will receive Rs. 5,046,776,989.
The television broadcasting deal has been the primary contributor to the tournament’s revenue, encompassing both domestic and international markets. TV broadcasting rights generated an impressive Rs. 2,175,393,394, with an additional Rs. 402,824,378 earned from other countries through TV broadcasting rights.
Despite covering production costs and franchise fees, most franchises are expected to record a profit this year, except for Multan Sultans due to a higher franchise fee.
Earlier this year, the National Assembly Standing Committee on Inter-Provincial Coordination (IPC) revealed that the PCB paid Rs. 2 billion in taxes to the government.
The eighth edition of the Pakistan Super League has set a new revenue record, surpassing PKR five billion. The significant contributions from various sources, especially television broadcasting rights, have played a vital role in this financial success. With the PCB implementing a profit-sharing formula, the franchises are set to benefit substantially from the revenue generated. The success of PSL 8 not only highlights the popularity of cricket in Pakistan but also strengthens the financial prospects of the league and its stakeholders.
