The post Major League Cricket Owners Eying Potential Big Bash League Privatization appeared on BitcoinEthereumNews.com. Hobart Hurricanes are the reigning BBL champions (Photo by Albert Perez – CA/Cricket Australia via Getty Images) Cricket Australia via Getty Images The potential privatization of Australia’s Big Bash League continues to be closely monitored by American investors with another Major League Cricket franchise signalling interest. An independent report from Boston Consulting Group has recommended Cricket Australia sell minority stakes in the eight BBL clubs. The BBL, which started in 2011 and enjoys immense popularity in the heart of Australia’s cricket season in December and January, is an outlier among cricket’s T20 franchise leagues, with CA and the state associations having ownership control. The developments have sparked major interest around the world, with IPL franchises and American tech entrepreneurs among those watching on closely. On the back of Washington Freedom co-owner Sanjay Govil expressing interest, the powerbrokers of Seattle Orcas are also closely monitoring the BBL situation. ForbesPotential Big Bash League Privatization Sparks Major Interest In The U.S.By Tristan Lavalette Orcas are the only small market team in the six-team MLC, having beaten out Chicago and Atlanta in the inaugural list of teams. But the Pacific Northwest franchise has a high-profile ownership consortium that includes Microsoft chief executive Satya Nadella and ties with GMR Group, the co-owner of the Indian Premier League’s Delhi Capital. GMR Group, an Indian multinational conglomerate, recently secured a 49 per cent stake in Southern Brave after the recent sale of the Hundred franchises in the England competition. “We’ll definitely evaluate it if it happens,” Orcas co-owner Soma Somasegar told me. “I think the best players and the best cricket comes out of India, Australia and the U.K. Being part of an Australian league would interest many people.” There is an Australian footprint in the well-heeled and fledgling MLC, with Freedom having a strategic partnership with… The post Major League Cricket Owners Eying Potential Big Bash League Privatization appeared on BitcoinEthereumNews.com. Hobart Hurricanes are the reigning BBL champions (Photo by Albert Perez – CA/Cricket Australia via Getty Images) Cricket Australia via Getty Images The potential privatization of Australia’s Big Bash League continues to be closely monitored by American investors with another Major League Cricket franchise signalling interest. An independent report from Boston Consulting Group has recommended Cricket Australia sell minority stakes in the eight BBL clubs. The BBL, which started in 2011 and enjoys immense popularity in the heart of Australia’s cricket season in December and January, is an outlier among cricket’s T20 franchise leagues, with CA and the state associations having ownership control. The developments have sparked major interest around the world, with IPL franchises and American tech entrepreneurs among those watching on closely. On the back of Washington Freedom co-owner Sanjay Govil expressing interest, the powerbrokers of Seattle Orcas are also closely monitoring the BBL situation. ForbesPotential Big Bash League Privatization Sparks Major Interest In The U.S.By Tristan Lavalette Orcas are the only small market team in the six-team MLC, having beaten out Chicago and Atlanta in the inaugural list of teams. But the Pacific Northwest franchise has a high-profile ownership consortium that includes Microsoft chief executive Satya Nadella and ties with GMR Group, the co-owner of the Indian Premier League’s Delhi Capital. GMR Group, an Indian multinational conglomerate, recently secured a 49 per cent stake in Southern Brave after the recent sale of the Hundred franchises in the England competition. “We’ll definitely evaluate it if it happens,” Orcas co-owner Soma Somasegar told me. “I think the best players and the best cricket comes out of India, Australia and the U.K. Being part of an Australian league would interest many people.” There is an Australian footprint in the well-heeled and fledgling MLC, with Freedom having a strategic partnership with…

Major League Cricket Owners Eying Potential Big Bash League Privatization

Hobart Hurricanes are the reigning BBL champions (Photo by Albert Perez – CA/Cricket Australia via Getty Images)

Cricket Australia via Getty Images

The potential privatization of Australia’s Big Bash League continues to be closely monitored by American investors with another Major League Cricket franchise signalling interest.

An independent report from Boston Consulting Group has recommended Cricket Australia sell minority stakes in the eight BBL clubs.

The BBL, which started in 2011 and enjoys immense popularity in the heart of Australia’s cricket season in December and January, is an outlier among cricket’s T20 franchise leagues, with CA and the state associations having ownership control.

The developments have sparked major interest around the world, with IPL franchises and American tech entrepreneurs among those watching on closely.

On the back of Washington Freedom co-owner Sanjay Govil expressing interest, the powerbrokers of Seattle Orcas are also closely monitoring the BBL situation.

ForbesPotential Big Bash League Privatization Sparks Major Interest In The U.S.

Orcas are the only small market team in the six-team MLC, having beaten out Chicago and Atlanta in the inaugural list of teams.

But the Pacific Northwest franchise has a high-profile ownership consortium that includes Microsoft chief executive Satya Nadella and ties with GMR Group, the co-owner of the Indian Premier League’s Delhi Capital.

GMR Group, an Indian multinational conglomerate, recently secured a 49 per cent stake in Southern Brave after the recent sale of the Hundred franchises in the England competition.

“We’ll definitely evaluate it if it happens,” Orcas co-owner Soma Somasegar told me. “I think the best players and the best cricket comes out of India, Australia and the U.K. Being part of an Australian league would interest many people.”

There is an Australian footprint in the well-heeled and fledgling MLC, with Freedom having a strategic partnership with New South Wales Cricket and San Francisco Unicorns enjoying a similar arrangement with Victoria. A slew of top Australian players have been part of the MLC’s first three seasons.

Australian star Steve Smit plays for Washington Freedom (Photo by Brendon Thorne/Getty Images)

Getty Images

With BBL privatization still likely some way off, Orcas are contemplating following the lead of Freedom and Unicorns.

“We’ve been monitoring the partnerships of those franchises and contemplating whether we should partner with an Australian team,” said India-born Somasegar, who made his fortune in the U.S. having spent 27 years working at Microsoft.

“We are very interested in seeing what type of partnership we can find.”

ForbesSeattle Orcas Thinking Big On Legacy-Defining Cricket Ground

Another headliner of the report was for the BBL to consider expansion. New Zealand and Singapore have been floated as possible overseas locations, while it is learned that Malaysia has also expressed interest.

It comes as MLC is set to expand into Canada, with Toronto likely to be one of the two new franchises to come into the competition in 2027.

“I think it’s an interesting concept,” Somasegar said. “An expanded BBL is no different than what we are thinking about with Canada in the MLC.

“If you look at most American sports leagues, there is expansion into other countries and a lot of good can come out of it.”

Seattle Orcas are the smallest market franchise in the MLC (Photo by Shaun Roy / Sportzpics for MLC)

Sportzpics / MLC

Somasegar, who these days is a venture capitalist at Madrona Venture Group, is also part of the ownership group of the Seattle Sounders in Major League Soccer. He has seen close up soccer’s big rise in the U.S. and believes there are parallels with cricket.

“If you go back to the 1980s, soccer was not well understood in this country,” he said. “But there has been a big rise for soccer since and I think you will see that with cricket development in the U.S.”

Source: https://www.forbes.com/sites/tristanlavalette/2025/08/31/major-league-cricket-owners-eying-potential-big-bash-league-privatization/

Market Opportunity
Sidekick Logo
Sidekick Price(K)
$0.005701
$0.005701$0.005701
+36.68%
USD
Sidekick (K) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Pump.fun CEO to Call Low-Cap Gem to Test New ‘Callouts’ Feature — Is a 100x Incoming?

Pump.fun CEO to Call Low-Cap Gem to Test New ‘Callouts’ Feature — Is a 100x Incoming?

Pump.fun has rolled out a new social feature that is already stirring debate across Solana’s meme coin scene, after founder Alon Cohen said he would personally
Share
CryptoNews2026/01/16 06:26
ABC Also Pulled Jimmy Kimmel’s Predecessor After Controversial Comments

ABC Also Pulled Jimmy Kimmel’s Predecessor After Controversial Comments

The post ABC Also Pulled Jimmy Kimmel’s Predecessor After Controversial Comments appeared on BitcoinEthereumNews.com. Jimmy Kimmel (Photo by Media Access Awards Presented By Easterseals/Getty Images for Easterseals) Getty Images for Easterseals The shock decision by ABC to pull Jimmy Kimmel Live! “indefinitely” after the late-night host’s remarks about the killing of Charlie Kirk has created a rare moment in modern TV media: A major show abruptly taken off the air, with its network forced into crisis-management mode. Rare, that is, but not unprecedented. What might go unnoticed by many people reacting to the news about Kimmel and his potential cancellation is that this is not the first time ABC has made such a move. In fact, a version of the same thing happened to Kimmel’s predecessor program — Bill Maher’s Politically Incorrect, which once had Kimmel’s slot and which ABC cancelled in the wake of a firestorm around comments Maher made in the immediate aftermath of the September 11 terrorist attacks. (Notice, by the way, that I said cancelled “in the wake of” and not “because of.” More on that in a moment.) Here’s what happened: Less than a week after 9/11, Maher and a panel were talking about then-President George W. Bush’s use of the word “cowards” to describe the hijackers. “We have been the cowards,” Maher interjected, referencing the practice of “lobbing cruise missiles from 2,000 miles away. That’s cowardly.” But Maher then went even farther over the line: Actually staying in an airplane as it hits a building? “Not cowardly.” You can read more about the ensuing uproar in this ABC news story from 2001, which includes a statement that Maher issued through his publicist: “In no way was I intending to say, nor have I ever thought, that the men and women who defend our nation in uniform are anything but courageous and valiant, and I offer my apologies to…
Share
BitcoinEthereumNews2025/09/18 11:02
Ethereum’da Büyük Güncelleme Tarihi Değişti, Öne Çekildi! İşte Yeni Tarih

Ethereum’da Büyük Güncelleme Tarihi Değişti, Öne Çekildi! İşte Yeni Tarih

Ethereum (ETH) geliştiricileri, uzun süredir beklenen Fusaka güncellemesi için mainnet aktivasyon tarihini 3 Aralık 2025 olarak belirledi. Daha önce 2026’ya sarkması öngörülen güncelleme takvimi böylece öne çekilmiş oldu. Karar, Fusaka Devnet-5 üzerindeki testlerin ardından alındı. Ethereum araştırmacısı Christine Kim’in özetine göre, testler sırasında bazı yazılım hataları ve kurulum problemleri ortaya çıktı, bu da veri kapasitesinin […] Kaynak: Bitcoinsistemi.com
Share
Coinstats2025/09/20 03:28