Pakistan Super League: Draft pick order decided, logo launched

Published: December 15, 2015
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PHOTO COURTESY: PSL/TWITTER

PHOTO COURTESY: PSL/TWITTER

Islamabad won the first pick on Tuesday in the Pakistan Super League (PSL) players’ draft followed by Karachi, Peshawar, Quetta and Lahore.

The five team owners gathered for the second day of the workshop to be briefed about the details of the lucrative league which will be played in the UAE from February 4 till 23.

Meanwhile, PSL’s logo launch ceremony also took place on Tuesday. The logo has now incorporated the title sponsor Habib Bank Limited (HBL) insignia in it.

https://twitter.com/thePSLt20/status/676709052928434176

Speaking on the occasion, HBL Chief Marketing Officer Naveed Asghar said that this is the opportunity to make a mark in the world and as a country we ought to benefit from this league.

PSL chief Najam Sethi said it was an honour to partner with HBL as sponsors for the league.

PSL brand ambassador Ramiz Raja was also present in the ceremony. He said that the league provides the country with an opportunity to showcase sporting and management talent.

PSL franchises unhappy with govt’s tax-tics

PSL franchise owners expressed their unhappiness at the 26% tax levied on their final bids, conveying their reservations to the PSL governing council.

All franchises who have accounts in Pakistan will have to pay 10% income tax along with a 16% goods and services tax to the Punjab government due to the Pakistan Cricket Board (PCB) headquarters being in Lahore; inflating expenses further for these new clubs.

While a loophole allows the franchise owners to receive exemption from these taxes if they register a company in the UAE, the respective companies have asked the PSL governing council and the PCB to take up the issue on their behalf and see if any exemption can be received.

“PSL officials contacted Finance Minister Ishaq Dar regarding an exemption for the first five years due to the project being in its infancy but the proposal was turned down,” a PSL official told The Express Tribune. “We hope they revisit the decision because it could have serious consequences on the PSL.”

Icon players revealed

Pakistan all-rounders Shahid Afridi and Shoaib Malik, along with West Indies opener Chris Gayle, England middle-order batsman Kevin Pietersen and Australian all-rounder Shane Watson have been selected as the five icon players.

The teams will buy one icon player each, who will be fetching $200,000.

The five icons will be followed by 25 players in the Platinum category, who will be receiving $140,000.

The other categories are Diamond ($70,000), Gold ($50,000), Silver ($25,000) and Emerging ($10,000).

PSL worryingly behind schedule

The players who are not selected in their current categories will be demoted a step down, so any Platinum player left will automatically become a Diamond player and will then cost $70,000.

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Reader Comments (8)

  • Nil
    Dec 15, 2015 - 6:56PM

    Poor nation’s poor cricketing board. Very sad to see 5 “Iconic” players will receive respectively 200000 USD each.I.e. Approx 2.25 Cr. Pakistani rupees per one icon. Further 25 players under “platinum” will be received 140000 USD each i.e. Almost equal to 1.50 Cr. Pakistani rupees. It would be very much better not to discuss remunerations about ” Gold ” and ” Silver”. What kind of Super League is this? We should call it “Paisa Saving League”. Look at Indian Premium League 2013 IPL season star Indian Icon “Yuvraj Singh”costs to 46 Cr. Indian rupees ( 80 Cr.Pakistani rupees) alone for “Sahara India Group”. I suggest PCB that do not just copy the format and concept of IPL as it is in Pakistan just to embrace India you will have huge flow of money.Recommend

  • Revenge
    Dec 16, 2015 - 9:45AM

    The playoffs format is a copy of IPL.Recommend

  • Waseem Sarwar
    Dec 16, 2015 - 11:08AM

    @Nil:
    We Pakistanis, aren’t really worried and neither do we want to compare our league with Indian. IPL generates more money because India is a bigger country with bigger population. What’s next in your self made comparison? There are more Suzuki cars sold in India than Pakistan? PSL is a great opportunity for our local lads playing with and against Gayles, Watsons and Afridis. What I know from internet is that thrice of Pakistan’s population lives below poverty line in India. :p go and care about them. Recommend

  • Saim
    Dec 16, 2015 - 8:55PM

    Hmm yeah ur ryt its nt equal of ipl and ipl had 7 seas0n dn and psl 1st xo dfrnce is there and slow n gratualy is g0ing btr n btr and bty did u knws ipl is d copy of sm dfrnt s0ccer [email protected]: Recommend

  • EAGLE STRIKE
    Dec 17, 2015 - 5:51AM

    @Nil:
    You indians are very very funny people and ignorant of the fact that IPL started in 2007 with base price of players at $50,000-60,000 dolllars. But base price is $140,000 in very first league of PSL.

    You have just mentioned yuvraj singh sold out as the most expensive cricketer in the IPL season 8, yuvraj singh purchased for a record Rs 16 crore ($2.57 million approx). So he was selected in IPL 8 not IPL 1 after bidding not base price.

    In IPL 1, the base price of players was $50,000-60,000 but here in PSL 1 it is $140,000. Why don’t you just wait for bidding and more seasons of PSL.

    Hope you know few thngs before you people even decide to comment.Recommend

  • Mirza Hadi
    Dec 21, 2015 - 7:55PM

    @Revenge:
    You realy are illetrate .The starting fee of ipl was much less then this .The money is increased with the passage and time and futher more teams are added as they found new investors Recommend

  • Dec 22, 2015 - 10:45AM

    yessssssssssssssssssssssssssssssssssssssssssssssssssssssRecommend

  • Dec 22, 2015 - 10:46AM

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