IPL franchise owners buy all six teams in South Africa’s new T20 league

The global footprint of the IPL is expanding swiftly with its franchise owners set to buy all six teams in South Africa’s new T20 league, the inaugural edition of which is scheduled for January 2023.

ESPNcricinfo has learned that Mumbai Indians, Chennai Super Kings, Lucknow Super Giants, Sunrisers Hyderabad, Rajasthan Royals and one of the owners of Delhi Capitals have successfully bid for the franchises. The league will be run by Cricket South Africa in partnership with television broadcaster SuperSport.

It is understood that CSK, through parent company Chennai Super Kings Sports Limited, made the highest bid at an informal auction to buy the Johannesburg franchise. Mumbai Indians, owned by Reliance Industries, bought the Cape Town franchise, while the Sun TV Group, which owns Sunrisers, bought the Port Elizabeth franchise.

The RP Sanjeev Goenka group, which paid a record sum of INR 7090 crore to buy the Lucknow IPL franchise late last year, picked up the Durban team, while Rajasthan…

Exit mobile version