Rs. 40 Per Dollar, Rs. 400 Crore Teams: IPL’s Origin Story Feels Unreal Now
Two billion-dollar deals, one day, one league. For the first time in Indian Premier League history, a franchise crossed the $1bn mark as a consortium backed by Kal Somani and Rob Walton agreed to buy the Rajasthan Royals for $1.63bn. The record barely lasted hours. Another consortium featuring David Blitzer, Bolt Ventures and Blackstone snapped…
