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

2025/08/31 15:19
4분 읽기
이 콘텐츠에 대한 의견이나 우려 사항이 있으시면 crypto.news@mexc.com으로 연락주시기 바랍니다

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/

시장 기회
SIX 로고
SIX 가격(SIX)
$0.00904
$0.00904$0.00904
-0.87%
USD
SIX (SIX) 실시간 가격 차트
면책 조항: 본 사이트에 재게시된 글들은 공개 플랫폼에서 가져온 것으로 정보 제공 목적으로만 제공됩니다. 이는 반드시 MEXC의 견해를 반영하는 것은 아닙니다. 모든 권리는 원저자에게 있습니다. 제3자의 권리를 침해하는 콘텐츠가 있다고 판단될 경우, crypto.news@mexc.com으로 연락하여 삭제 요청을 해주시기 바랍니다. MEXC는 콘텐츠의 정확성, 완전성 또는 시의적절성에 대해 어떠한 보증도 하지 않으며, 제공된 정보에 기반하여 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다. 본 콘텐츠는 금융, 법률 또는 기타 전문적인 조언을 구성하지 않으며, MEXC의 추천이나 보증으로 간주되어서는 안 됩니다.

$30,000 in PRL + 15,000 USDT

$30,000 in PRL + 15,000 USDT$30,000 in PRL + 15,000 USDT

Deposit & trade PRL to boost your rewards!