HBL Pakistan Super League or HBL PSL Pakistan Cricket Board’s Professional Twenty20 Cricket League tournament. After years of delay PCB announced to organize PSL in may 2015. Read more on http://hblpakistansuperleague.com/ , In Sep 2015 formal announcement made. Investors were called to bid to purchase franchise teams of PSL in October 2015. In Dec 2015 drafting of Players and bidding of teams were completed. 5 teams franchises were auctioned for a collective sum of USD 93 million for a period of 10 years. This is the largest investment by anybody is Pakistan’s sports sector.