After 4 long years, the Super League of Pakistan (PSL) started making franchises. This is mainly attributed to the Pakistani league which saw full houses in almost all 8 games.
It is said that not all franchises will reap the rewards, as it is likely that Lahore and Multan Sultans will regain losses after a disappointing exit in the recently closed PSL 4.
Most of PSL Franchises Became Profitable After 4th Edition
The $ 2.5 million central group derives from the title sponsorship and the transmission agreements, as well as the access fee, will be divided under the franchise. The title sponsorship agreement was signed for $ 14.3 million, while the transfer agreement for $ 36 million for a three-year period.
On the other hand, the gains or losses of Karachi Kings have not yet been decided. You can earn income this year, depending on your sponsorship agreements.
According to the agreement, the franchises get 80% of the revenue from the transfer rights, while the remaining amount goes to the PCB. On the other hand, the title of sponsorship of the title is split 50-50 between PCB and franchises.
Quetta Gladiators will receive the highest revenue this year, thanks to the $ 500,000 prize, as well as greater participation in the transmission and sponsorship agreements.
Lahore Qalandars expenditure is below the highest, especially due to its player development program and high sums in the franchise fee. The franchise will also incur losses this season. Multan Sultans will also incur high franchise fee losses.
An example of 2017:-
For example, Quetta Gladiators suffered a loss of Rs 63,518,476 due to expenses despite a total sum of Rs 201,764,445.
The owners paid $ 1.1 million as franchise fees, while earning Rs 95,647,001 from sponsorships and Rs 105,617,444 from the central fund.