Peshawar Zalmi have drafted Bangladesh batsman Tamim Iqbal.
Supplementary players: Angelo Mathews, Mitchell McClenaghan and Gulraiz Sadaf.
The 2018 edition of PSL will see Shoaib Malik, Sarfraz Ahmed, Misbah-ul-Haq, Brendon McCullum, Darren Sammy and Imad Wasim lead their respective teams.
Lahore Qalandars picked Bangladesh's Mustafizur Rehman in the diamond category while Islamabad United selected New Zealand's Luke Ronchi.
Emerging Players Round 2: Lahore Qalandars retain Ghulam Mudassar, Islamabad United retain Hussain Talat, Karachi Kings - Hasan Mohsin, Quetta Gladiators - Hassan Khan, Peshawar Zalmi - Ibtisam Sheikh, Multan Sultans - Saif Badar.
In today's draft, Lahore Qalandars will be allowed the first pick because according to the rules the team that finished last in the previous season gets the first pick.
Peshawar Zalmi have picked all-rounder Hammad Azam. This will be followed by Islamabad United, Karachi Kings, Quetta Gladiators, Peshawar Zalmi and Multan Sultans.
Quetta Gladiators have drafted all-rounder Saud Shakeel and retained spin bowler Hasan Khan.
Quetta Gladiators have picked pacer Rahat Ali.
Supplementary players: Colin Munro, Eoin Morgan and Saifullah Bangash.
Supplementary players: Alex Hales, David Willey, Mohammad Hasan and Mohammad Hasnain.
Quetta chose Jason Roy, Rashid Khan, Azam Khan and Faraz Ahmed Khan.
Multan Sultans picked Hardus Viljoen, Umar Gul, Umar Sadique and Ross Whiteley.
The ceremony is being held at a local hotel where Pakistan Cricket Board Chairman Najam Sethi, Franchise owners, coaches and other staff is present.
The PCB chief also said that they are trying their best that PSL matches are also held in Karachi this year, along with Lahore and the UAE. "And the way he has represented the franchise over the past two years made him the ideal candidate for this role", United owner Ali Naqvi said in Lahore. "A detailed plan will be chalked out in consultation with all franchise representatives to further improve the process of scouting new talent", said the PCB.