In another major trade, player of the National T20 Iftikhar Ahmed has joined Quetta after being part of Islamabad United for the 2021 season.
The PCB has now offered COVID-19 relief for PSL 5 and 6 to all the franchises along with an increased share from the CPR for PSL 7-20.
Umar, 30, was last year suspended by the Pakistan Cricket Board (PCB) for not reporting spot-fixing approaches made to him before the start of the PSL matches.
PCB Chairman Ehsan Mani congratulated the event staff, six franchises and all PSL commercial partners, on the successful completion of the tournament.
Peshawar Zalmi cricketers Haider Ali and Umaid Asif have been suspended from the PSL final against Multan Sultans.
Islamabad United will have another opportunity to make the final when it takes on Peshawar Zalmi on Tuesday.
PSL: Abrar Ahmed, Hazratullah Zazai, Wahab Riaz shine as Peshawar Zalmi beat Karachi Kings by six wickets
Abrar Ahmed and Wahab Riaz and belligerent batting from Hazratullah Zazai guided Peshawar Zalmi to a comfortable win over Karachi Kings.
Pakistan Super League: Islamabad United pacer Hasan Ali opts to stay back in UAE and finish playing league
Islamabad United pacer Hasan Ali has decided to stay back in the UAE and continue to play in the Pakistan Super League.
This is killing me: Faf du Plessis' wife Imari Visser after husband's collision in Pakistan Super League match
Faf du Plessis' wife Imari Visser expressed concern for her husband after the South African batsman ended up injuring himself on the field.
Islamabad United pacer Hasan Ali will miss the remainder of the Pakistan Super League season six due to family concerns.
In order to finish the tournament before Paksitan's tour of England, there will be six double-headers.
The PSL was earlier scheduled to end on June 20 and the national team was due to leave for England on June 23 to play three ODIs and three Twenty20s.
The Pakistan Cricket Board has been facing logistical issues, including getting visas and permissions to land charter flights from Mumbai and Johannesburg, ahead of the PSL.
Afridi represented Multan Sultans in four of its five league games at Karachi, scoring just three runs in two innings and picking up two wickets from 15 overs.
The PCB will now hold an online meeting with the six franchise owners later in the day to update them about the progress made as well as to finalise all details, which will be shared in due course.