The PSL 2024 draft had players being selected into six categories. They were platinum, diamond, gold, silver, emerging and supplementary. Teams had to fill three spots each in the platinum, diamond and gold categories. They then had to fill five in the silver and emerging categories, followed by two in the supplementary. A total of 485 overseas players had initially signed up to take part in the draft as the six PSL teams filled the gaps to complete their 18-player squads.

Full squads:

Lahore Qalandars - Shaheen Shah Afridi, Fakhar Zaman, Rassie van der Dussen (South Africa) (all Platinum), Haris Rauf (Brand Ambassador), David Wiese (Namibia) and Sahibzada Farhan (Wildcard) (all Diamond), Sikandar Raza (Zimbabwe), Abdullah Shafique, Zaman Khan (all Gold), Mirza Tahir Baig (Successful relegation request), Rashid Khan (Afghanistan), Mohammad Imran, Ahsan Bhatti, Dan Lawrence (England) (all Silver), Jahandad Khan, Syed Faridoun Mahmood (both Emerging), Shai Hope (West Indies) and Kamran Ghulam (both Supplementary)

Islamabad United - Shadab Khan, Naseem Shah, Jordan Cox (Wildcard) (England) (all Platinum), Imad Wasim (Mentor), Azam Khan, Tymal Mills (England) (all Diamond), Faheem Ashraf (Brand Ambassador), Alex Hales (England), Colin Munro (New Zealand) (all Gold), Rumman Raees (Successful relegation request), Matthew Forde (West Indies), Salman Ali Agha, Qasim Akram, Shahab Khan (Silver), Hunain Shah, Ubaid Shah (both Emerging), Shamyl Hussain and Tom Curran (England) (both Supplementary).

Multan Sultans - Mohammad Rizwan, Iftikhar Ahmed, David Willey (England) (all Platinum), Khushdil Shah, Usama Mir, Dawid Malan (England) (all Diamond), Abbas Afridi, Reeza Hendricks (South Africa), Reece Topley (England) (all Gold), Ihsanullah (Brand Ambassador), Tayyab Tahir, Shahnawaz Dahani, Mohammad Ali, Usman Khan (UAE) (all Silver), Faisal Akram, Yasir Khan (both Emerging), Chris Jordan (England) and Aftab Ibrahim (both Supplementary).

Karachi Kings - Kieron Pollard (West Indies), Daniel Sams (Australia), Mohammad Nawaz (all Platinum), James Vince (England), Hasan Ali, Tim Seifert (New Zealand) (all Diamond), Shan Masood (Brand Ambassador), Shoaib Malik (Mentor), Tabraiz Shamsi (South Africa) (all Gold), Mir Hamza (Successful relegation request), Muhammad Akhlaq, Mohammad Amir Khan, Anwar Ali and Arafat Minhas (all Silver), Muhammad Irfan Khan, Sirajuddin (both Emerging), Saad Baig and Jamie Overton (England) (both Supplementary).

Quetta Gladiators - Rilee Rossouw (South Africa), Sherfane Rutherford (West Indies), Mohammad Amir (Platinum), Mohammad Wasim Jnr, Jason Roy (England), Wanindu Hasaranga (Sri Lanka) (all Diamond), Sarfaraz Ahmed (Brand Ambassador) Abrar Ahmed, Mohammad Hasnain (all Gold), Will Smeed (England), Saud Shakeel, Sajjad Ali Jnr, Usman Qadir, Omair Bin Yousuf (all Silver), Adil Naz, Khawaja Nafay (both Emerging), Akeal Hosein (West Indies) and Sohail Khan (both Supplementary).

Peshawar Zalmi - Babar Azam, Rovman Powell (West Indies), Noor Ahmad (Afghanistan) (all Platinum), Saim Ayub, Tom Kohler-Cadmore (England), Asif Ali (all Diamond), Mohammad Haris (Brand Ambassador), Aamir Jamal, Naveen-ul-Haq (Afghanistan) (all Gold), Khurram Shahzad, Salman Irshad, Arif Yaqoob, Umair Afridi, Daniel Mousley (England) (Silver), Haseebullah, Mohammad Zeeshan (both Emerging), Lungi Ngidi (South Africa) and Mehran Mumtaz (both Supplementary).