Rajasthan Royals: Even before the start of the 19th season of the Indian Premier League, Rajasthan Royals has got a new owner.
Rajasthan Royals: Even before the start of the 19th season of the Indian Premier League, Rajasthan Royals has got a new owner. Let us tell you, American businessman Kaal Somani has bought Rajasthan Royals for 1.63 billion US dollars (about Rs 13,600 crore). With this deal, Rajasthan Royals has become the most expensive franchise in the world. In such a situation, let us know who is Kaal Somani, who has bought RR by spending such a huge amount.
Who is Kaal Somani?
Talking about Kal Somani, the new owner of IPL franchise Rajasthan Royals, he is a well-known name in the world of technology and investment. He has built many global companies in areas like ed-tech, data privacy, AI governance and sports tech. The special thing is that Somani has already been associated with Rajasthan Royals, about five years ago he had joined the team as an investor. At that time he had said that there is immense investment potential in IPL and its future looks very bright in the times to come.
Rajasthan Royals has become the most expensive team in the world. 🔥
American entrepreneur Kal Somani has individually purchased the Rajasthan Royals for a record $1.63 billion, which is more than ₹15,000 crore. 😳
Following this deal, the team’s value has skyrocketed, making… pic.twitter.com/HpLZtlBCSg
— Cricket Central (@CricketCentrl) March 24, 2026
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Tremendous value of big team in 18 years
Let us tell you, in 2008, IPL franchise Rajasthan Royals was bought for only 67 million dollars (about ₹ 260-270 crore), making it the cheapest franchise of the league at that time. As of today, this amount comes to around ₹628 crore. But after 18 years, the value of the team has increased tremendously to $ 1.63 billion (about ₹ 15,289 crore). That means there has been a jump of about 24 times as compared to 2008, which shows the increasing popularity and brand value of IPL. Let us tell you that before this deal, Manoj Badale had the largest stake in the team.
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