Overview
- Reuters reports that KKR and Blackstone are evaluating stakes in Royal Challengers Bengaluru, with KKR also reviewing Rajasthan Royals, while Partners Group is assessing at least one team.
- Diageo has begun a sale process for RCB and Rajasthan Royals is considering a majority stake sale, setting up fresh bidding, according to recent reports.
- The IPL’s business value reached $18.5 billion last year, with per‑match economics second only to the NFL, boosted by a 2022 broadcast auction exceeding $6 billion.
- Reliance and Disney control IPL TV and streaming rights through 2027 under a $6.2 billion deal, with revenues flowing through the BCCI’s pooled distribution model to franchises.
- A CVC Capital exit from Gujarat Titans at a $900 million valuation that delivered more than 350% returns, alongside rapid team revenue growth, has sharpened private equity appetite.