On 4 January 2025, the Pakistan Cricket Board opened the registration window for foreign players and the trade window.[3]
Retained players
On 04 January 2025, the retained player's list was announced.[4] The franchises were allowed to retain a maximum of eight players from the previous season. All the franchises fully utilized their quota of player retentions apart from Karachi Kings, Multan Sultans and Peshawar Zalmi.
^ abcWild Card: The player's category was changed through their franchise's Wild Card.
^ abRight To Match card (RTM): Player was picked by another franchise in the draft but their franchise from the previous season used their Right To Match card to bring them back in their squad.