Since its launch in 2008, the Indian Premier League (“IPL”) has grown into one of the world’s most successful sporting competitions. In recent years, franchise valuations have soared, media rights deals have hit record highs, and brand partnerships have expanded across sectors, drawing global investors and sponsors. Reports suggest that owners of franchises such as Royal Challengers Bengaluru, Rajasthan Royals and Kolkata Knight Riders may seek to monetize their investments through full or partial stake sales. This note analyzes the key contracts that IPL franchises enter into, and highlights information useful to potential investors.

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This insight has been authored by Rajat Sethi, Dhruv Nath, V Sreedharan and Akshay Dhekane from S&R Associates. They can be reached at [email protected], [email protected], [email protected] and [email protected], respectively, for any questions. This insight is intended only as a general discussion of issues and is not intended for any solicitation of work. It should not be regarded as legal advice and no legal or business decision should be based on its content.