Younis appeared on Geo Super channel while the ceremony was being held in Lahore to claim he was upset at the treatment meted out to him by the Pakistan Cricket Board.
"I was not invited for the ceremony. They ignored my accomplishments for Pakistan and my achievements in T20 cricket," Younis complained.
"But in a way it is good because they have sent me a clear message that where I stand as far as the PSL is concerned and if I will be a part of it or not," he said.
The PSL launch ceremony went ahead without greats like Younis, Javed Miandad or even Imran Khan.
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An official of the PCB, however, claimed that Younis was invited for the ceremony.
"Invitation cards were sent out," he said.
But Pakistan's former captain Rashid Latif said it was an insult to greats like Younis and Miandad that no one from the Board tried to convince them to attend the ceremony nor were any air tickets sent to them.
Younis minced no words in criticising the Board and said he was disappointed at the way he was treated.
Younis' is the only Pakistan captain to have led the national team to its only World T20 title in 2009 in England before he retired from the format.
To add to the embarrassment for the PCB even former heads of the Board, based in Lahore, including Ijaz Butt, Khalid Mehmood, Tauqir Zia and Zaka Ashraf were all conspicuous by their absence.
But Younis didn't take kindly to the advice from Wasim.
"I respect him a lot he is a legend of Pakistan cricket. But I think he should not bother or worry about me. Because after 15 years of international cricket I don't think I need to take anyone's advice to decide what to do about my career," Younis said.