Rajasthan Royals Sold for $1.65 Billion – IPL’s Big Ownership Shake-Up

[{"selector":"#anim-5facfeb8-d9ea-4a60-82d2-14db50521c0f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3a7a182c-a69a-40a1-bbb5-d07ba19c3980","keyframes":{"transform":["translate3d(0px, 491.53429%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Image Credit- Google

[{"selector":"#anim-4141743a-b074-4bcf-b43c-c68f569a914e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-505229f8-ad45-4fa8-97d4-c1dabfd26d56","keyframes":{"transform":["translate3d(0px, 491.53429%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d6b10e72-fcc1-4a0b-aa32-ac7ae166634c [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-5.625000020479366%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-6034ff1e-e930-4380-a4ee-c97511f1ad3d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c8c81463-9ba5-4c3e-bdee-dcb55fafd188","keyframes":{"transform":["translate3d(0px, 538.05568%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-96077e24-8c47-4d1f-b536-97f598597745","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-40968be0-3d79-443b-a41a-259e51399c84","keyframes":{"transform":["translate3d(0px, 1387.37398%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Image Credit- Google Rajasthan Royals sold in one of IPL’s biggest deals ever $1.65 Billion Deal

[{"selector":"#anim-aaae380e-efbd-4d4b-9b40-8553045d5e48 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-eee3db66-f27e-430d-8dc2-b6787715ac6a","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8cf35b54-de26-4f49-b2ec-61969ffd5621","keyframes":{"transform":["translate3d(0px, 491.53429%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b120200a-e09f-4bdb-b87e-699484bf842a","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f45e3ad7-f5c9-4ece-b5ce-135eba9c0365","keyframes":{"transform":["translate3d(0px, 395.37025%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5d0cdabe-0e4d-4e03-a62e-f99e0684196f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-86219a64-9152-40da-840d-f2a82b8ddb76","keyframes":{"transform":["translate3d(0px, 1346.4649%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Image Credit- Google The team has been acquired by Lakshmi Mittal family along with Adar Poonawalla Who bought RR?

[{"selector":"#anim-5d9426df-8f56-414c-9f9e-30f2e0d4612e [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(10.467928843915681%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-c3a9d2f6-f60c-48b1-8a93-aa572c4f7216","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2a8da38f-7805-4ea4-8927-301ba60c6079","keyframes":{"transform":["translate3d(0px, 491.53429%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-28c9027f-5602-49ec-8c5c-005d2f9a802f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4d3ff1a9-fae0-4f43-b68c-63b972dc1bdf","keyframes":{"transform":["translate3d(0px, 288.07584%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-64098ade-8dbd-42c6-93e7-cc315b8be9ab","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-dfa280a9-3789-4daa-9064-bad4fd19e2ef","keyframes":{"transform":["translate3d(0px, 1360.10135%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Image Credit- Google The franchise is valued at around $1.65 billion (₹15,000+ crore), making it one of the most expensive IPL deals Deal value

[{"selector":"#anim-5636fa58-7008-4c62-b73b-1ff064f8c991 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-9b672370-0a47-41d3-bc55-c2882e15dee8","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cdebd73c-d43e-4b12-b9b8-48494f601864","keyframes":{"transform":["translate3d(0px, 491.53429%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bf57105a-a639-4a06-87a3-5cb2d0407037","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-88c54b55-05b3-40b2-9f93-d61d38db28db","keyframes":{"transform":["translate3d(0px, 1369.19213%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3d0b48b1-20c2-48c3-956b-6aa38f03e044","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1e883f97-4639-42c8-a6f1-58b75f83dc86","keyframes":{"transform":["translate3d(0px, 395.37025%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Image Credit- Google Ownership structure Mittal family will own ~75%, Poonawalla ~18%, while existing investors retain a small stake

[{"selector":"#anim-259ef090-e4b5-40f4-82f9-1399c6f657a3 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-b420de39-a08a-4773-9b70-3725a4cc4d7f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c92d00ed-9ad6-47fc-920d-78592b546e8f","keyframes":{"transform":["translate3d(0px, 491.53429%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-79ff5401-a659-4c16-9efa-5ce3d3eb8892","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-31c698c4-9d4d-46bd-bc1c-9336b6cdfb1a","keyframes":{"transform":["translate3d(0px, 1387.37398%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cf7f5473-d5fe-42d5-94da-4cac207eae49","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-65c35cfb-d19a-450e-ad62-e09ed53a74b0","keyframes":{"transform":["translate3d(0px, 395.37025%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Image Credit- Google What’s included? Deal also includes global teams like Paarl Royals (SA20) and Barbados Royals (CPL)

[{"selector":"#anim-e4dd5c64-083f-4a17-8237-464df3eaff33 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-3bfc4143-8868-48a0-b647-ba3400ae48b5","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d3c63a73-82f5-4e7c-b287-210e4653acc0","keyframes":{"transform":["translate3d(0px, 491.53429%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ebfd5e29-a33a-484b-9cc6-74314aed13a9","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-451a04a2-744f-4098-9893-22ca4ec4ae51","keyframes":{"transform":["translate3d(0px, 1346.4649%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-406fe2b4-a395-4642-bf9f-e4147e6416f9","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2a545637-828e-4c89-b89e-db12ecad96c5","keyframes":{"transform":["translate3d(0px, 395.37025%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Image Credit- Google Old owners role Current owner Manoj Badale will stay involved and support transition with experience

[{"selector":"#anim-50fa47e3-deba-4ce7-a1c8-69e7c6582c38 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-a83a4757-9799-49a2-80a5-155d0d99db1a","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-defdebb9-29a6-4bff-aaba-0f9f42a7e202","keyframes":{"transform":["translate3d(0px, 491.53429%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a0bad033-6797-471a-a9f6-2096377c732e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3841e1aa-a907-4371-889a-3968f0e446f1","keyframes":{"transform":["translate3d(0px, 1364.64674%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-af3d6306-7d58-4368-aaae-fc9b5f8c6bee","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c3009d11-b6f6-4f86-8555-22d50ffb0577","keyframes":{"transform":["translate3d(0px, 377.03698%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Image Credit- Google Deal not final yet Completion depends on approvals from BCCI, CCI, and IPL Governing Council

[{"selector":"#anim-9361e9c1-fde2-4404-8b8b-8494c7a1c62e [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-4d0c6865-9f91-431e-9d21-8a52011ab131","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1ce4ee0a-1382-4f0e-ae25-a1220bf6f7e0","keyframes":{"transform":["translate3d(0px, 491.53429%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-74891688-a57d-415d-9bd0-d955defd4d11","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-326e25ba-8915-4aee-9065-7d72d7de3169","keyframes":{"transform":["translate3d(0px, 1364.64674%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-89f2b5ac-c064-4f28-bdf7-19290bc4cd08","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-10a1e947-ba48-409e-b433-3a8627119ae6","keyframes":{"transform":["translate3d(0px, 387.03694%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Image Credit- Google Why this deal matters Shows rising value of IPL franchises and growing global investor interest in cricket

[{"selector":"#anim-b1a878fb-c578-44c5-8554-6f944ead84bf [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-d5a12c8c-6bb2-4839-afcb-fb3e89c0dc0e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f659ce55-05d4-40ea-ae74-a8057b476f82","keyframes":{"transform":["translate3d(0px, 491.53429%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-450f08ba-50e1-4fbc-b1bb-6a272726e69f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-50991a7c-6456-4e76-a37b-5579e9316a4c","keyframes":{"transform":["translate3d(0px, 1351.01029%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-42d9cdb3-ec94-4c7d-a41c-58d6e4591fe5","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ecc018bb-2c94-45e7-991e-c23cb1be0db6","keyframes":{"transform":["translate3d(0px, 365.37027%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Image Credit- Google Previous deal failed Earlier $1.63B deal with US investors collapsed due to funding and legal issues

[{"selector":"#anim-c6923654-62bc-4640-9b47-203cb599f61b [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-25d79838-681b-4a61-bcb4-d2082aaf45e4","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f99f8eda-410a-4dab-ba85-63b6f6b6f7d9","keyframes":{"transform":["translate3d(0px, 491.53429%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1e4e1ee7-d5bd-46fb-aa79-c38213b6e3c1","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-317451c8-41c4-4137-a181-a1d40efd3fc8","keyframes":{"transform":["translate3d(0px, 1346.4649%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b7866b30-12e3-4744-9d86-f842808fea18","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b6ef481c-116e-4951-a8a4-ce5ff917d5ea","keyframes":{"transform":["translate3d(0px, 288.07584%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Image Credit- Google Big Picture This deal highlights IPL’s massive growth, turning teams into billion-dollar sports businesses

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[{"selector":"#anim-f4aac0d3-056e-4f1f-89b5-25a4cac68503","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-891c22ab-dc69-4700-bf88-ddf9012ef2e8","keyframes":{"transform":["translate3d(0px, 88.8663%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-88d04f64-815d-46b0-9919-6c1614e8d6df","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2051dab7-cdf1-4e89-99cc-55e6d9b6ad02","keyframes":{"transform":["translate3d(0px, 180.59622%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Learn more