With the Introduction of the Sixth Team in 2018 which sold for around US$41.6 Million, Qalandars became the third most expensive Franchise of the Pakistan Super League.

[8][9][11] In 2016, under Players Development Program (PDP), the Lahore Qalandars franchise organised "Jazz Rising Stars" trials across eight Pakistani cities, to identify upcoming youth talent.

Shortlisted players would travel to Australia and train with Sydney Thunder, while the top two performers would get the opportunity to play for the Qalandars.

[21] In their opening game of the 2017 season, Lahore Qalandars lost a closely fought match to the Quetta Gladiators.

A partnership of 71 runs between Jason Roy and Umar Akmal set up the Qalandar's chase of 159 before a quick cameo of 26(12) by Sunil Narine finished the game.

[23] However, in the following game, against Peshawar Zalmi, the Qalandars collapsed to 59 all-out inside 11 overs - the second shortest innings in T20 cricket history.

[27] However, following this loss, the Qalandars managed to win against Islamabad United by 1-wicket in a tense contest that saw them chase 146 runs in 19.3 overs.

Umar Akmal anchored his team's innings by scoring 66 off 42 balls before Grant Elliott finished the chase with a six over midwicket.

After putting up a respectable target of 156 on board, the team leaked 14-runs from the final over - including sixes on the last two balls to end up on the losing side.

[30] These two loses meant that the Qalandars finished at the bottom of the table after the league stage and were, in return, knocked out from the play-off proceedings for the second consecutive year.

[31] The Qalandars lost the first three games of the season, against Multan Sultans, Quetta Gladiators and, arch-rivals,[32][33] Karachi Kings respectively - suffering major batting collapses in each.

[36] As the league stage shifted to Sharjah, the team's fortunes did not change and they lost a closely fought match to Islamabad United.

In pursuit of a below-par target of 122 runs, the Qalandars were on course for an easy win at 77–2 in the 12th over, before losing wickets in quick succession to end up at 115–9.

Batting first in the one-over eliminator, the Qalandars set a target of 16 runs, which the United achieved via a last-ball six.

This loss effectively ended Lahore's chances for a playoff berth, making them the first team to be eliminated from the second stage of the tournament.

[38] In July 2018, they were one of the six teams invited to play in the first edition of the Abu Dhabi T20 Trophy, scheduled to start in October 2018.

[39] Team management picked twelve new players, during the 2019 PSL draft, including the International stars like AB De Villiers, Mohammad Hafeez, Corey Anderson, David Wiese, Sandeep Lamichhane, Haris Sohail, Brendon Taylor and Carlos Brathwaite.

[40][41] Originally the Qalandars were to be captained by Mohammad Hafeez, but due to an injury during team's second fixture, he had to withdraw his name from the squad.

Like, all previous seasons, they finished at the bottom of the points table this time as well, after winning only three of their ten matches, and as a result, were eliminated in the group stage.

This match introduced two new players of the Lahore Qalandars’ squad: James Faulkner as a fast bowler, and Tim David as Batsmen/ Wicket Keeper.

Lahore lost their next matches against Quetta, Karachi Kings and then where Qalandars could have reached the finals against Multan Sultans.

The anthem of the team in 2016 season was "Dama Dam Mast" released in two versions; one by Asrar and other by Nabeel Shaukat Ali.

[48] The official song for 2017 season "Dama Dam Mast Lahore Qalandars" was sung by Shafqat Amanat Ali.

[51] Alkaram, a textile mill situated in Karachi, was announced as another sponsor[51] and the media partner of the team is Geo TV.