The Pakistan Super League (PSL 12) announced that its player auction will take place on 23 January 2027, as the competition's preparations intensify.
Both the Pakistan Cricket Board and PSL organizers have completed the player-movement timetable for the forthcoming season, covering direct signings, retentions, trades and the auction.
The direct-signing period began on 23 October and will close on 23 November 2026. Each of the eight teams may directly sign one marquee player who did not appear in PSL 10 or PSL 11.
| Tournament window | 18 March - 2 May 2027 |
| Duration | 46 days |
| Total fixtures | 44 (40 league matches + 4 playoffs) |
| Player Auction | 23 January 2027 |
A franchise workshop is scheduled for next week to lock in deadlines for player retentions and the pre-auction trade window, as officials will also review auction rules and playing conditions.
PSL 12 will run from 18 March to 2 May 2027, featuring 44 games over 46 days at five to six venues.
PSL 12 Roadmap
| Date | Milestone |
| 23 October 2026 | Direct Signings Open for all Franchises |
| 23 November 2026 | Deadline to finalise Franchise Direct Signings |
| Next Week | PSL Cricketing Workshop |
| 23 January 2027 | PSL 12 Player Auction |
| 18 March 2027 | PSL 12 gets under way |
| 2 May 2027 | PSL 12 Final |
More information on the auction procedure and other squad-building details will be released in the coming weeks.