IPL 2022: NBA star Chris Paul Paul and NFL duo invest in Rajasthan Royals

Phoenix Suns guard Chris Paul and NFL duo Larry Fitzgerald and Calvin Beacham have invested in Rajasthan Royals, the Indian Premier League franchise said on Sunday, underlining the growing global appeal of the IPL.

The popular Twenty20 league, which counts Bollywood actors and industrialists among franchise owners and attracts cricket’s biggest stars, is a 10-team tournament with Gujarat and Ahmedabad paying $1.7 billion this season. has been made.

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The 2008 champions will have three US minority investors in Rajasthan, the franchise said in a statement without sharing the details of their investments.

Manoj Badale, Principal Owner, Rajasthan said, “We are delighted to have Chris, Larry and Calvin join us as investors who have pioneered the vision of Royals as a truly global brand.”

“I am excited to be one of the first American athletes to see the value and growth potential in the IPL,” said NBA star Paul.

“With various components, including stadium experience and fan engagement, still left to complete their course, I see myself contributing world-class experience through this strategic investment.”

The two-time Olympic gold medalist also has a stake in the minor league baseball team Winston-Salem Dash.

The owners of Rajasthan acquired a majority stake in Caribbean Premier League team Barbados Tridents last year.

“I am well aware of the popularity of cricket internationally and am thrilled to be joining the Rajasthan Royals franchise as an investor,” said Arizona Cardinals’ offensive tackle Beecham.

“I respect the global reach of the IPL and am committed to supporting the Royals.”

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