Steve Smith Becomes PSL's Costliest Player at PKR 14 Crore

• Australian batter Steve Smith was directly signed for PKR 14 crore (approx. USD 500,000) by Sialkot Stallions, making him the most expensive player in PSL history.
• Smith is expected to replace injured Mitchell Marsh in Australia’s World T20 Cup squad.
• The PSL expanded to eight teams and introduced a player auction system for the first time, replacing the previous draft format.
• Naseem Shah became the most expensive Pakistani signing at PKR 8.65 crore for Islamabad United, while Saim Ayub was the most expensive retention at PKR 12.2 crore for Peshawar Zalmi.
• The PSL will run from March 26 to May 3, clashing with the Indian Premier League; two new franchises, Sialkot and Hyderabad, were added.