India, March 27 -- The Board of Control for Cricket in India (BCCI) are in for a big payday after the sale of two Indian Premier League (IPL) franchises, Rajasthan Royals and Royal Challengers Bengaluru (RCB). Earlier this week, the two franchises were sold, and the new ownership would come into effect after the conclusion of the IPL 2026 season. Rajasthan Royals were acquired by a consortium led by US-based entrepreneur Kal Somani. At the same time, the Aditya Birla Group, US sports investor David Blitzer, and private equity firm Blackstone bought the 2025 champions RCB.

RR was bought for USD 1.63 billion, while RCB went for USD 1.78 billion, making the total two-team price USD 3.4 billion (roughly 31,000 crore). Rajasthan Royals and RC...