The owners of Quetta Gladiators , Karachi Kings and Islamabad United have all confirmed they will renew their ownership for ten further years. The announcements follow previous public statements from Lahore Qalandars and Peshawar Zalmi also officially confirming their renewed ownership .

It means the five franchises the PSL began with have signed deals to continue with the same owners. Shortly after United went public, Multan Sultans owner Ali Tareen announced he would not be extending his ownership of the franchise .

Each franchise was widely expected to renew. Kings, who were initially the most valuable franchise in 2016, officially saw the smallest percentage growth in their annual franchise fee, representing what were perceived as particularly beneficial terms. They were va

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