Over the past ten years, the T20 league industry has experienced substantial growth. Since the success of Indian Premiere League, all top 10 cricket nations have started their own T20 leagues.
Clout of Indian Premiere League Team Owners
Each league puts up teams for sale, and then private business entities place their bids and purchase these teams. Although the business models of all leagues are slightly different, yet IPL team owners are interested in buying new teams in new leagues.
However, IPL owners have an upper hand when it comes to franchise business, since they have been doing it for over 15 years now. Therefore, they know that T20 cricket can be used to make big bucks. Henceforth, most of the IPL team owners also have bought teams in other franchises.
Here is a list of IPL team owners who have teams in at least 3 T20 leagues.
1. Emerging Media Group
The group bought inaugural IPL winner Rajasthan Royals, and have since then been associated with it. It also became the first group to spread its wings outside IPL when it bought a team in CPL. It hence paved way for other franchises, who soon followed suit. The Emerging Media group owns Paarl Royals in new SA20. It also owns Barbados Royals and its women team as well. However, its crown jewel remains the Rajasthan Royals.
2. The Knight riders
IPL team Kolkata Knight Riders is co-owned by Bollywood star Shahrukh Khan and Mehta Group. The group also bought Trinidad and Tobago team in CPL. Moreover, it also bought a team in UAE T20 league. The group also owns a Women’s Caribbean Premiere League. It has also showcased interest in an international tournament that is all set to take place in USA.
3. The Capitals Universe
GMR-JSW Sports owns the Delhi Capitals team, which is also considered one of the most profitable teams of the tournament. Moreover, in only less than two years the group has gone on a shopping spree, and now has teams in more than four leagues around the globe. It has a team in new league of South Africa. The group has also bought teams in Legends League Cricket and Women’s Premier League. They also own a team in a Dubai based tournament.
4. Ambani family: MI Universe
In 2008, Indian entrepreneur Mukesh Ambani purchased the Mumbai Indians (MI) franchise for the IPL. With five championships, MI has been the IPL’s most successful team thus far. Over the past two years, MI has expanded their company into many T20 leagues, similar to Delhi Capitals.They recently purchased a team in new Women’s Premiere League and SA20.