Wasim Khan reveals why players prefer the IPL to the PSL

Wasim Khan, the Chief Executive of the Pakistan Cricket Board (PCB), has revealed why foreign players prefer the Indian Premier League (IPL) to the Pakistan Super League (PSL).

The main difference between the two leagues, according to Wasim, is the payment made to the cricketers. However, he believes that as soon as the PSL can match the IPL in monetary rewards, top international players will come to the tournament.

He stated that though the PSL does not yet have the proper financial muscle, the management is working hard to turn the premier T20 event into one of the richest in the world. He explained that PSL is now in the development stage and that the current ecosystem must be profitable for money to be spent on top international players.

Wasim said that the IPL pays top-level cricketers between $2 and $3 million per player, which the PSL cannot pay at this point in the cycle. However, before taking such steps, he stated that franchises must first earn money and begin reporting profits.

“If you look at the model that was established under previous regimes, the franchises were never financially sustainable for the first ten years. We're working with franchisees on various methods to ensure that they make more revenue. The franchises have yet to achieve profit after six years, which is why Wasim says his first aim is to make the model more profitable.

There are no plans to add more teams to the tournament in the immediate future, according to the 50-year-old. He stated that no more franchises will be introduced until the league is more financially viable for the present franchises.

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