Rajasthan Royals Reportedly Sold for Over ₹15,000 Crore to Kal Somani Ahead of IPL 2026

March 24, 2026: In a big development in franchise cricket, the IPL team Rajasthan Royals has reportedly been sold for over ₹15,000 crore. This makes it one of the most expensive deals in IPL history.

Reports say a consortium led by US-based entrepreneur Kal Somani is the new owner. The franchise is valued at about $1.6 billion (over ₹15,000 crore). This sale shows how IPL teams are becoming big global sports assets and attracting international investors.

The Rajasthan Royals, winners of the first IPL season in 2008, are known for their innovative strategies and nurturing young talent. Their focus on data-driven approaches and building new players has made them an attractive investment. New ownership could bring fresh ideas and resources, which fans hope will improve the team’s performance in future IPL seasons.

🚨 NEW OWNERS FOR RAJASTHAN ROYALS 🚨

US Based Entrepreneur Kal Somani led Consortium has bought 100% of Rajasthan Royals for about 15,000–15,300 crore Inr. 🤯 [Shriniwas Rao] pic.twitter.com/TSrpqDe3OY

— Johns. (@CricCrazyJohns) March 24, 2026

IPL 2026 Buzz: Jaiswal Impresses in Nets

As IPL 2026 draws closer, a fun moment from the Royals’ camp caught fans’ attention. During practice, young opener Yashasvi Jaiswal hit his very first ball off Ravindra Jadeja in the nets with a confident shot. Amused, Jadeja joked, “Room mai practice karke aaya hai” (He must have practiced in his room). The clip went viral, showing the fun and competitive spirit in the team.

Jaiswal’s fearless approach and confident stroke show why he is one of the most exciting young batters in the league. Moments like these also show the positive mix of experienced stars and rising talent in the team as they prepare for a crucial IPL season.

Who is Kal Somani?

Kal Somani is a US-based tech entrepreneur and investor. He bought the Rajasthan Royals for ₹15,000 crore and now owns the team fully. He founded several tech companies, including IntraEdge, Truyo, Truyo.AI, and Academian. His work focuses on AI governance, data privacy, ed-tech, and sports technology, and he has over ten years of experience as a startup founder.

Somani is not new to the Royals. He has been an investor in the team since 2021. The consortium that bought the team is a diverse global investment group, including American businessman Rob Walton of the Walmart family and the Hamp family, which holds majority stakes in the NFL team Detroit Lions.

This historic sale highlights how IPL franchises are becoming global assets, attracting major international investors while fans eagerly wait for the upcoming season.