The title sponsorship of the Pakistan Super League has stayed reacquired by HBL for a further four-year cycle from 2022 to 2025.
HBL PSL not just surpassed the extra price in reacquiring the claims but settled it with a 55 percent leap from the last cycle.
“HBL got title aid rights after a public sensitive procedure in which seven involved parties had stored the bid files,” said a press release on the PSL website.
HBL renews commitment to Pakistan’s largest sporting platform, PSL for a further 4 years (2022-2025). This marks HBL’s 10 years of support to this national initiative. HBL wishes @TheRealPCB and cricketing fans all the success for this mega sporting event. @thePSLt20 #HBLPSL pic.twitter.com/gmH5z7kiMD
— HBL (@HBLPak) November 18, 2021
“I am happy that the HBL have more intensified their relationship and association with the Pakistan Cricket Board by giving to support the Pakistan Super League for a new four years,” said PCB chairman Ramiz Raja. “Truth is that HBL, in fact, has got been spending in the potential stars of Pakistan cricket through with PSL for which we are forever grateful.”
The 7th edition of the PSL is ready to be held in January-February of 2022. The cash-rich league is usually scheduled in February-March but with Australia set to tour Pakistan next year, the league has remained preponed.