The Pakistan Super League (PSL) franchise, previously known as Multan Sultans, has been sold to Walee Technologies for a record-breaking Rs2.45 billion, making it the most expensive deal in PSL history. This transaction was finalized during an auction held at the Expo Centre in Lahore on February 9, 2026, as reported by several sources including Pakistan Today and The Nation Sports. The auction, which began with a base price of Rs1.82 billion, saw intense competition from other bidders such as CD Ventures and Particle Igniter, but Walee Technologies emerged victorious with their decisive bid. Fakhr-i-Alam, the host of the event, noted that the winning bid would cover the annual ownership fee for the next decade, ensuring long-term control under the league's financial model.