Consortium led by US-based Kal Somani picks up Rajasthan Royals for $1.63 billion
Rajasthan Royals has been sold to a consortium led by US entrepreneur Kal Somani for $1.63 billion, marking a significant 24-fold jump in dollar valuation since its 2008 acquisition. The deal, which includes NFL franchise owners Rob Walton and the Hamp family, reflects strong confidence in the IPL's future growth. This acquisition is set to take effect after IPL-2026.
Rajasthan Royals has been sold to a consortium led by US entrepreneur Kal Somani for $1.63 billion, marking a significant 24-fold jump in dollar valuation since its 2008 acquisition. The deal, which includes NFL franchise owners Rob Walton and the Hamp family, reflects strong confidence in the IPL's future growth. This acquisition is set to take effect after IPL-2026.
