The Pakistan Cricket Board has decided to manage all six teams of the Pakistan Junior League T20 after failing to sell the team rights.
The board announced on Tuesday that the inaugural PJL would go ahead with the teams managed directly by the board from October 6-21.
The board also confirmed that Pakistan's former captain Javed Miandad would be the league mentor while all six teams would have mentors in Sir Vivian Richards, Imran Tahir, Darren Sammy, Colin Munro, Shahid Afridi and Shoaib Malik.
The board had initially announced and invited bids for the sale of the six team rights but none of the interested bidders could match the reserve price asked by the board.
"We know that since this is a first ever junior T20I league obviously sponsors and bidders are a bit skeptical about its commercial value and future but the PCB believes the league will become a successful commercial property after a few seasons," an official source in the board said.
The PCB also didn't get the required reserve prices for the broadcasting rights of the tournament which will now be shown by the PCB and national state broadcaster PTV.
The PCB also confirmed the player draft for the tournament will be held in Lahore on 6 September. Details around the draft process will be announced shortly. PCB CEO Faisal Hasnain said outside Pakistan, over 140 players.