The franchise was owned by Gemcon Sports and was founded in 2016 as a replacement for the Khulna Royal Bengals who had participated in the first two seasons of the BPL.

[2] The Khulna Royal Bengals team was originally formed by Orion Group and participated in the first two seasons of the Bangladesh Premier League in 2012 and 2013.

Khulna Royal Bengals forged a strong side with the likes of Shakib Al Hasan as captain and some other well known players such as Sanath Jayasuriya, Shivnarine Chanderpaul, Dwayne Smith and Herschelle Gibbs.

After a complete change in the franchise ownership and management Khulna Titans were established in advance of the 2016–17 Bangladesh Premier League.

They had a stable team with the likes of sume talented Bangladeshi players such as Mahmudullah (icon), Shafiul Islam, Ariful Haque, Mosharraf Hossain.

They added 9 overseas to their roster such as Riki Wessels, Junaid Khan, Lendl Simmons, Nicholas Pooran and Andre Fletcher.

They finished with being known as 'the team with the best bowling attack' as two of their seamers (Junaid and Shafiul) were in the top 10 most wickets list for the tournament and had a rather disappointing Batting lineup as most batter failed to show their potential other than Ariful and their icon.

They re-signed Mahmudullah Riyad as their icon while they also made contracts with South African cricketers Rilee Rossouw, Kyle Abbott, Aussie star Chris Lynn (missed that BPL due to injury), Windies' 2016 ICC World T20 hero Carlos Brathwaite and his national teammate Chadwick Walton.

Pakistani Wicket-keeper batsman Sarfraz Ahmed, leg spinner Shadab Khan and Junaid will be unavailable for selection on a temporary basis due to domestic commitments.

Khulna Titans retained Mahmudullah Riyad, Nazmul Hossain Shanto, Ariful Haque and Carlos Brathwaite.

Their overseas signings in the draft included veteran seamer Lasith Malinga, leg-spinner Yasir Shah, wicket-keeper batsman Brendan Taylor and more.

Khulna Tigers won only 3 of their 12 league stage games and finished the season at number 5. International players were Alex Hales, Wayne Parnell, Dasun Shanaka, Evin Lewis, Shai Hope and Mohammad Nawaz and so on .