PSL Prize Money: USD 500,000 for the Winner, USD 300,000 Runner-Up and Every Award (PSL 11 List)

PSL prize money in the latest season: the winning franchise got USD 500,000, the runner-up USD 300,000, and the franchise with the best player development USD 200,000. The winning players shared a separate USD 500,000. The league announced these figures before the PSL 11 final on 3 May 2026.

That was the first time the PSL set a separate reward for franchises, the league said. We read its releases on psl-t20.com on 31 October 2026. Below are the prize amounts, a rough rupee figure, every individual award from PSL 11 and both teams of the tournament.

The PSL has not published prize money for PSL 12, which runs from 18 March to 2 May 2027. The figures here are the latest official ones.

The PSL 11 winners' prize was USD 500,000 for the franchise

The winning franchise received USD 500,000, the runners-up USD 300,000 and the best player-development franchise USD 200,000. The tournament prize for the winning players was another USD 500,000. In all, that is USD 1.5 million across the four prizes.

The rupee column is our rough conversion at Rs 277.11 to the dollar, the State Bank average used on OGRA's 17 October 2026 price sheet. The league pays in dollars and gives no rupee figure, so treat it as a guide only.

The USD 200,000 development award is scored by a committee and fans

The third franchise prize goes to the side that does most to develop players. The league published its scoring on 18 September 2026: a committee gives 80% of the marks and a fan vote 20%. We did not find a published winner on the league site.

The HBL PSL Cricket Development Excellence Award has its own published criteria. It rewards things like giving young Pakistani players match time, which ties in with the rule that every playing XI must include one emerging player.

Peshawar Zalmi won PSL 11 by five wickets

Peshawar Zalmi beat Hyderabad Kingsmen by five wickets in the final at the Gaddafi Stadium, Lahore, on 3 May 2026. Kingsmen made 129 all out in 18 overs, and Zalmi reached 130 for 5 in 15.2 overs. It was Zalmi's second title, after 2017.

Aaron Hardie was player of the final with 4 for 27 and 56 not out. Babar Azam captained the champions. The crowd of 32,461 was the largest in PSL history, the league said. Zalmi lost only one match all season.

Every PSL 11 individual award, with the winner

Sufyan Moqim of Peshawar Zalmi was player of the tournament and best bowler with 22 wickets. Babar Azam was best batter with 588 runs. The other awards went to Kusal Mendis, Shadab Khan, Hunain Shah and Farhan Yousuf, plus a team award.

Babar's 588 runs equalled the record for one PSL season, set by Fakhar Zaman in 2022, the league said. He also scored two hundreds in four games. Farhan Yousuf, the best fielder, now leads the Pakistan U19 Asia Cup squad as captain.

Babar Azam captains the PSL 11 team of the tournament

A five-member panel from the commentary team picked the PSL 11 team of the tournament, with Babar Azam as captain. For the first time it also picked an emerging team of young Pakistani players, headed by Sameer Minhas of Islamabad United.

1. Team of the tournament: Babar Azam (captain), Fakhar Zaman, Kusal Mendis (wicketkeeper), Shan Masood, Usman Khan, Shadab Khan, Hassan Khan, Shaheen Shah Afridi, Hunain Shah, Sufyan Moqim, Richard Gleeson. 12th player: Hasan Nawaz.
2. Emerging team: Sameer Minhas, Shamyl Hussain, Maaz Sadaqat, Saad Baig (wicketkeeper), Farhan Yousuf, Saad Masood, Hunain Shah, Ali Raza, Mohammad Ismail, Ubaid Shah, Momin Qamar. 12th player: Mohammad Farooq.

Several emerging names are already in Pakistan sides. Maaz Sadaqat and Saad Baig both played for Pakistan against Sri Lanka in October 2026. With PSL 12 direct signings open until 23 November, these players are the ones franchises will chase.

Common questions

How much prize money does the PSL winner get?

In PSL 11, the winning franchise got USD 500,000 and its players shared another USD 500,000.

How much does the PSL runner-up get?

USD 300,000 for the runner-up franchise in PSL 11.

Who won PSL 11 in 2026?

Peshawar Zalmi, who beat Hyderabad Kingsmen by five wickets in Lahore on 3 May 2026.

What are the Hanif Mohammad Cap and Fazal Mahmood Cap?

The awards for the season's leading run-scorer and leading wicket-taker. Babar Azam and Sufyan Moqim won them in PSL 11.

What is the prize money for PSL 12?

The league had not announced it when we checked on 31 October 2026.

How we verified this

What we checked, where we read it, and what we could not confirm.

We read the league releases Kingsmen eye glory in maiden HBL PSL season (prize money, 2 May 2026), the final report of 3 May 2026 and Babar Azam to lead the HBL PSL 11 Team of the Tournament (4 May 2026) on 31 October 2026. The rupee values are our conversion, and the development award's winner was not on the PSL site.