The eighth edition of the Pakistan Super League (PSL) has achieved remarkable financial success, generating an incredible revenue of over PKR five billion.To distribute the profit, the Pakistan Cricket Board (PCB) has adopted a model where they receive five percent of the revenue, and the franchises receive the remaining 95 percent.
The revenue comes from various sources, such as broadcasting rights, title sponsorship, ticket sales, and other associated rights during PSL 8. According to unaudited figures, the total revenue from the tournament reached Rs. 5.62 billion in the last edition.
Out of this total, the PCB’s share is Rs. 582,534,480, while the franchises collectively receive Rs. 5,046,776,989. The television broadcasting deal has been the primary contributor, generating an impressive Rs. 2,175,393,394, with additional earnings of Rs. 402,824,378 from broadcasting rights in other countries.
Despite covering production costs and franchise fees, most franchises are expected to make a profit this year, except for Multan Sultans, who have a higher franchise fee. It was also reported that the PCB paid Rs. 2 billion in taxes to the government earlier this year.
The financial success of PSL 8 demonstrates the popularity and commercial viability of the tournament, further establishing it as a top cricket league in Pakistan.
