The eight teams
Captain (2026): Babar Azam
Defending champions — won PSL 2026, beating Hyderabad Kingsmen in the final.
Captain (2026): Ashton Turner
One of the six founding franchises — the name returns under new ownership, see the eighth-team story below.
Captain (2026): Marnus Labuschagne
Runners-up in PSL 2026, beaten by Peshawar Zalmi in the final.
Captain (2026): Rizwan
New franchise for PSL 12 — Rawalpindi’s team, the eighth franchise.
Captains shown are the 2026 captains SialTV has verified; where one is marked TBC, it is still to be confirmed here. The 2027 captains have not been announced by the PCB. Each team’s card above links to its team page, which carries the full squad once the auction on 23 January 2027 is done.
How the eighth team came about
The eighth franchise began as a Sialkot team: OZ Developers picked it up for Rs 1.85bn when it was chosen as the eighth team in January 2026. That franchise was then sold to CD Ventures, which revived the Multan Sultans name for it.
The old Multan Sultans franchise went the other way. Walee Technologies bought it, moved it to Rawalpindi and renamed it Rawalpindiz — so Rawalpindi has its own team for PSL 12, and the Multan Sultans name carries on under new owners. Walee Technologies also holds the PSL media rights until 2029.
Defending champions, and what comes next
Peshawar Zalmi are the defending champions, after beating Hyderabad Kingsmen in the PSL 2026 final — so the Kingsmen start PSL 12 chasing the team that beat them. Every team plays 10 league matches, each opponent twice, and the top four reach the playoffs. The full fixture list is on the PSL Schedule page, and the standings, once play starts, are on the PSL Points Table page.
Squads take shape at the player auction on Saturday 23 January 2027, after the retentions window ends on 13 January. SialTV will list the 2027 captains and squads here once the PCB and the franchises announce them.
Frequently asked questions
How many teams play in the PSL in 2027?
Eight teams: Islamabad United, Karachi Kings, Lahore Qalandars, Peshawar Zalmi, Quetta Gladiators, Multan Sultans, Hyderabad Kingsmen and Rawalpindiz. Each team plays 10 league matches.
Who are the defending PSL champions?
Peshawar Zalmi won PSL 2026, beating Hyderabad Kingsmen in the final, so they defend the title in PSL 12.
Who captains each team in PSL 2027?
The 2027 captains have not been announced by the PCB. The last verified captains are from 2026: Babar Azam for Peshawar Zalmi, Marnus Labuschagne for Hyderabad Kingsmen, Shadab Khan for Islamabad United, Ashton Turner for Multan Sultans, Shaheen Shah Afridi for Lahore Qalandars and Rizwan for Rawalpindiz.
Where are the full squads for each PSL team?
Each team’s page, linked from the cards above, carries its full squad after the player auction on 23 January 2027. Until then, the 2026 captains and the eighth-team story for all eight teams are listed above.
More PSL coverage
- Schedule — Key dates, and the full list once published.
- Points Table — Standings and the playoff race.
- Results — Every result, once the season starts.
- Live Scores — The next match and live updates.
- Stats — Top scorers, wicket takers and records.
- Tickets — Availability and official channels.
- Pakistan Super League — the season in full: schedule, teams, points table and where to watch.