Top 5 most expensive players in PSL history Ft. Steve Smith

Australian batting superstar Steve Smith is back in the headlines after becoming the most expensive player in Pakistan Super League (PSL) history. He has been signed by the Sialkot Stallionz for the 11th season of the PSL, and his price tag has surprised everyone.

Smith has been paid more than double the amount of Pakistan’s batting star and former captain Babar Azam, setting a new record in the league. This signing comes just days after Smith was unexpectedly left out of the T20 World Cup 2026 squad.

Interestingly, Smith went unsold in the IPL Auction for the 2026 season in December 2025. His deal with the debutant Sialkot Stallionz makes this signing even more remarkable.

The PSL has always made headlines with big-money signings. Franchises spend huge amounts to get top players, both international stars and local talents. These players not only strengthen their teams but also draw huge fan attention. Here’s a look at the most expensive players in PSL history.

Also read -Smriti Mandhana eyes legendary Australian Player record in WPL 2026 final vs Delhi Capitals

Most Expensive Players in PSL History

1. Steve Smith 

Australian batting superstar Steve Smith became the most expensive player in PSL history after being signed by the debutant franchise Sialkot Stallionz for the 11th season. The deal was remarkable because Smith had gone unsold in the 2026 IPL Auction, making this PSL signing even more dramatic. Known for his consistent batting and ability to anchor innings, Smith will be the key player for Sialkot Stallionz this season.

2. Babar Azam 

Pakistan’s top-order batter and former captain, Babar Azam, was signed by Karachi Kings in 2023 for a whopping 7 crore. His elegant stroke play and consistency make him one of the most valuable players in the league. Babar has been a mainstay for his franchise, leading from the front and often turning matches around with his batting.

3. Shaheen Afridi

Pace sensation Shaheen Afridi, signed by Lahore Qalandars for 7 crore in 2024, is one of the most lethal fast bowlers in the PSL. Known for his ability to bowl at high speed and pick crucial wickets, Shaheen has repeatedly changed the course of matches for his franchise. His consistent performances have earned him one of the top contracts in PSL history.

4. Shadab Khan

Talented leg-spinning all-rounder Shadab Khan was signed by Islamabad United in 2022 for 7 crore. Known for his wicket-taking ability and handy lower-order batting, Shadab has been an integral part of his team. His fielding and leadership qualities make him one of the most complete players in the league.

5. Abrar Ahmed 

Rising fast-bowling star Abrar Ahmed joined Multan Sultans in 2025 for a record price of 7 crore. His strong domestic and international performances had already made him a promising talent, and his PSL deal reflects his growing reputation. Abrar’s ability to bowl consistently in the death overs makes him a crucial asset for his franchise.