
The 23-year-old all-rounder, who delivered an impressive performance for Lahore Qalandars in the previous season, sparked a bidding war between Karachi and Rawalpindi Express after his former franchise decided not to retain or bid for him.
The auction, which began at 12:30 PM Bangladesh time, featured 903 registered cricketers, including 53 from Bangladesh. While all-rounder Mehidy Hasan Miraz was the first Bangladeshi name to be called, he failed to attract a buyer.
Rishad was picked from the category of players with a base price of PKR 1.1 crore—a list that included 22 Bangladeshi cricketers. His price eventually escalated to PKR 3 crore during the bidding process.
Three Bangladeshi veterans—Shakib Al Hasan, Mushfiqur Rahim, and Zakir Hasan—were listed in the highest base price category of PKR 2.2 crore, reports UNB.