Cricket
The IPL has witnessed one of its biggest business moments ever. Two major franchises, Rajasthan Royals and Royal Challengers Bengaluru, have been sold for record-breaking amounts
Rajasthan Royals were acquired for around USD 1.63 billion, while RCB fetched nearly USD 1.78 billion. Together, the deals are worth a staggering USD 3.4 billion (over ₹31,000 crore)
A consortium led by US-based entrepreneur Kal Somani acquired Rajasthan Royals. Meanwhile, RCB was bought by a group including the Aditya Birla Group, David Blitzer, and Blackstone
The Board of Control for Cricket in India (BCCI) earns from every franchise sale. A mandatory 5% transfer fee applies whenever ownership changes in the IPL
This clause is expected to bring the BCCI a massive ₹1,550–₹1,583 crore windfall from the record-breaking franchise deals
These massive valuations show the growing global power of the IPL. With IPL 2026 set to begin soon, the league continues to dominate both cricket and business