Top names such as Chris Lynn, JP Duminy, Imran Tahir, Carlos Brathwaite, Shane Watson, Dwayne Bravo, Jimmy Neesham, Angelo Mathews, Mustafizur Rahman, Mitchell McClenaghan, Mitchell Johnson, Colin Munro, Luke Ronchi, Adil Rashid, Wayne Parnell, Thisara Perera and Colin Ingram were up for selection at the Draft.
The six PSL teams - which already have nine-player squads - will be able to pick up to 11 players each to complete their 20-member squad using a $1.2 million purse.
He also announced that the semi finals of the league will be played in Lahore, but that there is "a commitment to try our best to host the PSL 3 final in Karachi".
The Supplementary players are those who are not available for the entire season because of global commitments.
Islamabad United have picked batsman Faheem Ashraf.
Lahore Qalandars will be allowed the first pick.
Speaking at the occasion, Ali Naqvi, owner of Islamabad United, expressed his happiness at the occasion and promised to pick a "good team".
Talking about the latest appointments, head coach Dean Jones said: "We believe that Rumman is a future leader for our franchise, and more importantly, a future leader for Pakistan. But even if he was available we would not have picked him because he is no more the Gayle force he once was", a franchise owner was quoted as saying by Wisden India.
"Saeed is a great presence in the dressing room, and we wanted to make sure that he continued to be a part of it". It includes both the retained and new players picked in the draft.
The Lahore Qalandars, Quetta Gladiators, Karachi Kings, Islamabad United, Peshawar Zalmi and first-time entrant, Multan Sultans, will select their players today (Sunday). The cricketers were segregated into six different categories such as Platinum, Diamond, Gold, Silver, Emerging and Supplementary. "Silver" category players have a minimum price of $22,000 while "emerging" get at least $10,000.