[1][2][3] Before the draft teams were allowed to retain a maximum of eight players and make transfers.
[4][5] Ramiz Raja had hinted that the draft would be replaced by an auction, but the format was retained.
Each team had a right-to-match card which allowed franchises to buy back a maximum of one player they had released by paying a set fee in each category:[8] Babar Azam and a supplementary round pick were traded from Karachi Kings to Peshawar Zalmi in return for Shoaib Malik and Haider Ali.
[9][10] For the emerging category, players should be under 23 years of age as of 1 January 2023 and could have either played less than 10 PSL matches in previous seasons or not have been selected in the national squad.
Islamabad, Multan, Peshawar and Quetta reserved picks in the replacement draft.