Prize money for PSL 8 announced

The Pakistan Super League 2023 is a highly-anticipated T20 cricket tournament that takes place annually in Pakistan. The league features some of the world’s best players and provides a platform for local talent to showcase their skills. The tournament has grown in popularity over the years and is now one of the most-watched T20 leagues in the world. One of the biggest draws of the PSL is the attractive prize money that is on offer for the teams and players.

The winner will not only hoist the Supernova Trophy but will also receive a check for Rs 120 crore while the runners-up will receive a check for Rs 48 crore.

The PSL 8 opening ceremony will be held in Multan on February 13 ahead of the tournament opener between the 2021 winners Multan Sultans and defending champions Lahore Qalandars; meanwhile, the closing ceremony and final will be played on March 19 in Lahore, which will also host the play-offs.

Lahore Qalandars will try to become the first team to win back-to-back titles; meanwhile, Islamabad United will try to become the most successful team by lifting the trophy three times.

All six franchises have won the PSL title at least once, which shows the quality of the teams and the highest level of competition in the tournament.

Islamabad United won the title in 2016 and 2018. Peshawar Zalmi won the 2017 edition. Quetta Gladiators, runners-up in the first two editions, won the 2019 competition. Karachi Kings were the first team to win to lift the trophy on their home ground when they bested Lahore Qalandars in Karachi in 2020. Multan Sultans clinched their first title in 2021. Last year, Lahore Qalandars lifted the PSL trophy in Lahore.

The PSL 8 will be held in two legs with Multan Cricket Stadium and National Bank Cricket Arena splitting matches from February 13-26 before the action shifts to the Gaddafi Stadium and Pindi Cricket Stadium where the matches will be played from February 26 to March 19. This includes the Qualifier, two Eliminators and the final at the home of Pakistan cricket from March 15-19.

Rawalpindi will stage 11 fixtures, Karachi and Lahore will host nine matches each, whereas Multan will have five home games.

Afternoon matches will start at 2 pm local time, meanwhile, evening matches in Karachi, Lahore and Rawalpindi will start at 7pm. Evening matches in Multan will begin at 6pm except for the tournament opener, which will commence at 8pm. 

The soft launch of the Pakistan Women’s League will also take place during the PSL 8 when three exhibition matches will be played in the lead up to the men’s matches in Rawalpindi on March 8, 10 and 11. The two women’s sides are expected to comprise leading local and foreign players, details of which will be announced in due course.


In conclusion, the PSL is a highly-anticipated T20 cricket tournament that offers a combination of exciting cricket, high-quality players, and attractive prize money. Whether you are a fan of the sport or just enjoy watching high-stakes competition, the PSL is a tournament that you won’t want to miss. So grab your popcorn, sit back, and enjoy the action as the best players in the world compete for the title and the prize money that comes with it.

Read Also: PSL Live Score 2023, Live PSL Match Score Updates [ All PSL Matches]

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