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Multan Sultans are the sixth team to join the league. 2018 was their inaugural season. After the league was started in 2016, this was the first expansion of the league. Tom Moody serves as their coach. Prior to the start of the fourth season, Schon Properties failed to pay the $5.2 million annual fee, and Pakistan Cricket Board had cancelled their franchise. After the cancellation, the PCB took responsibility of all player and coach contracts while the public tender process took place to grant the repackaged rights of the team. The PCB asked interested bidders to collect the bidding documents from its offices by 14 December 2018. The financial proposal of the technically qualified bidders is due to be opened on 18 December 2018. On 20 December 2018, PSL announced that Ali Tareen-led Multan consortium had won the franchise rights for the sixth team for a seven-year period, by exceeding the PCB's reserve price set at $5.21 million per year. Tareen's bid was for $6.35 million per year, making this the most expensive franchise.
