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Pakistan Super League (PSL, Urdu: پاکستان سوپر لیگ) is a men's professional Twenty20 cricket league, sanctioned by the Pakistan Cricket Board, that represents the sport's highest level in Pakistan. The league was founded in Lahore on 8 September 2015 and presently comprises 6 teams. Instead of operating as an association of independently owned teams, the league is a single entity in which each franchise is owned and controlled by investors. The commercial rights to the initial franchises were sold for US$93 million for a span of 10 years in December 2015. The PSL season runs between the months of February and March, with each team playing 10 matches in double round robin format; the top 4 teams with the best record qualify for the Playoffs and culminates in the championship game, the PSL Cup Final. The league's head offices are directed out of the Pakistan Cricket Board head office in Lahore. Due to security reasons, the first season was played entirely in the United Arab Emirates. The inaugural champions were Islamabad United. Peshawar Zalmi were the 2017 PSL Champions, having defeated Quetta Gladiators in Lahore on 5 March 2017.
For the first three seasons of the league, Sunset + Vine were awarded production rights as official broadcasters, and PTV Sports, Ten Sports and Geo Super were awarded broadcast rights in Pakistan. The value of the broadcasting deal was US$15 million, with the PCB selling the global television rights to Tech Front, a United Arab Emirates' group.[35]
In 2017, DSports (India) bought the broadcasting rights of PSL, becoming the first channel in India to do so.
The PSL's initial title sponsorship was awarded to HBL Pakistan for three years in December 2015.[33] Sponsorship deals associated with the league including the title sponsorship, are estimated to be worth more than $6 million
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