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HBL Sponsorship Deal PSL

Cricket

HBL Sponsorship Deal with PSL Extended Until 2025

HBL Sponsorship Deal PSL

Pakistan cricket may have face huge backlash, after New Zealand team walkout minutes before the match due to security concerns. PCB made couple of changes to their domestic cricket and super league before 2022. The teams ratio increased from 6 to 7 this year a new adjusted for the upcoming. Rising popularity of the Pakistan Super League, among foreign players, bring more sponsors to the league. The key sponsor holders HBL signed long-term deal which will end in 2025. According to cricket sources, HBL sponsorship deal with PSL extend to 2025.

HBL Sponsorship Deal with PSL Until 2025

Sponsors

Event

Deal Worth

Contract

HBL

Pakistan Super League

$22 million

2022-25

Currently no official details released by PCB but as far as new sources confirmed, that $22.2 million will be paid to hold the sponsorship rights for next years. The first edition take place in 2016, the reports suggest that $5.2 million has funded to get sponsorship rights until 2018. HBL signed three years deal again in 2019-2021 worth of $14.5 million. This four years deal make it one of the most expensive tournaments take place in Pakistan with ($22.5 million) rights.

HBL earned title sponsorship rights following a public tender process in which seven interested parties had collected the bid documents. PCB, chairman (Rameez Raja) said “I am happy that HBL extended their sponsorship rights, to strengthen relationship with PSL”. He further included that the purpose to get more unique cricket stars for Pakistan in the upcoming years.

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