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IPL Media Rights | BCCI set to make over 48,000 cr

IPL Media Rights Auction

The three-day saga for IPL Media Rights ended on 14th June with BCCI walking away with 3 times more money than the previous media rights cycle. Broadcasters will pay a sum of over 48,000 cr rupees over the five years (2023 -2027) to broadcast the Indian Premier League to fans all over the world. IPL … Read more

Chennai Super Kings valuation reaches $1 billion. Becomes a Unicorn

Chennai Super Kings becomes a Unicorn

Indian Premier League franchise Chennai Super Kings becomes the first IPL team to become a unicorn. The market cap of the 4 times IPL Champions crossed the 1 billion dollar mark in the unlisted market as the shares traded in the range of 210 to 220 price bands. Notably, the market cap of Chennai Super … Read more

Two new IPL teams announced. Who are they?

2 new IPL Teams announced

BCCI on October 25 has officially announced the two new IPL teams. RPSG Group and CVC Capital have won the bids for Lucknow and Ahmedabad franchises respectively. The Governing Council of the IPL had issued the ‘Invitation to Tender’ (ITT) document for payment of non-refundable tender fees of INR 10lakhs on August 31, 2021. 22 … Read more

Prime Volleyball League – The Latest Addition to India’s Sports Realm

Prime Volleyball League Launched

The Prime Volleyball League (PVL) featuring six teams, sponsored by fantasy game leader A23 and marketed by Baseline Ventures, was formally launched with the presence of the owners of respective franchisees. Joy Bhattacharya, CEO, PVL, said the forthcoming edition for which the auction will be held in December, would be totally different and innovative given … Read more

IPL teams go crypto – Is it the way forward?

IPL Teams go Crypto

We know how teams and sporting entities have been losing out on revenue ever since the pandemic began. The sudden suspension of the IPL 2021 meant that the key stakeholders had to face a major business and monetary impact. With no matches, cash from TV rights and support deals has contracted considerably. In the meanwhile, … Read more

MS Dhoni teams up with HomeLane, enters into 3-year strategic partnership

MS Dhoni teams up with HomeLane

Home interiors brand HomeLane has entered into a three-year strategic partnership with former Indian skipper Mahendra Singh Dhoni as an equity partner and brand ambassador. As part of the partnership, Dhoni will own equity in HomeLane. He will be HomeLane’s first brand ambassador. HomeLane and MS Dhoni are also working on a brand new campaign … Read more

Brisbane – Hosts for 2032 Summer Olympics

Brisbane announced the hosts for Olympics 2032

The Australian city of Brisbane has been selected to host the 2032 summer Olympics. Venues will be spread across Brisbane and nearby towns in Queensland state, including the Gold Coast which hosted the 2018 Commonwealth Games. Brisbane’s victory looked a certainty after it was unanimously proposed as the single candidate for 2032 by the IOC’s … Read more

Top Sports Start-Ups in India

Top Sports Startups in India

It’s a billion-dollar market, the sports industry here in India. People are switching careers, colleges have started recognizing and including sports management in their programs, and other businesses have been investing heavily to be part of it. We have seen many Indian sports start-ups emerge onto the scene in the last 10 years. And as … Read more

The most expensive sports NFT of 2021 – Lebron James jump sold for 208,000$

Sports NFT expensive lebron james basketball

Sports NFT is changing the way fans interact with the sport. With concepts like SMART contact and digital tokens, it sure looks like the industry will see more fans jumping on the NFT train. NBA Top Shots is one of the most popular sports NFT platforms and they recently sold the most expensive sports NFT, … Read more