• Loading stock data...
Monday December 23, 2024
    More
    Quick Hits

    Tech Execs All In on Cricket

    By
    Dec 23, 2020 | 02:42 pm
    person_playing_cricket
    Major League Cricket

    Prominent tech executives are the latest investors to signal faith in cricket’s U.S. viability. 

    More than 20 investors, including a Bollywood superstar, have now bought into American Cricket Enterprise, parent company to America’s first professional cricket league: Major League Cricket. 

    The latest investors in Major League Cricket include:

    • Satya Nadella, Microsoft CEO
    • Shantanu Narayen, Adobe CEO
    • Amit Singhal, head of Google Search
    • Soma Somasegar, Madrona Venture Group managing partner
    • Neeraj Arora, former chief business officer at Whatsapp
    • Aditya Agarwal, former Facebook CTO

    USA Cricket, cricket’s governing body in the U.S., invested $1 billion in the upstart league last year through a larger partnership with ACE.

    Last month, MLC announced a strategic investment from actor Shah Rukh Khan and his Knight Riders Group, which already owns one of the most popular cricket teams in the world. The league also announced plans for its first stadium.

    Linkedin
    Copy Link
    Link Copied
    Link Copied

    What to Read

    cricket
    by

    Indian National Cricket Teams to Equalize Pay for Men and Women
    India will equalize pay for the men’s and women’s cricket teams.
    by

    U.K. Sports Leagues Postpone Matches After Queen’s Death
    The nation’s soccer leagues have postponed their matches through the weekend.
    Disney-Star
    by

    Disney Star Adds More Cricket Media Rights with ICC Deal
    Disney Star acquired media rights to global events ran by the ICC.
    Indian-Premier-League
    by

    IPL Owners Reportedly Buying Every Team in New Cricket League
    Owners from the Indian Premier League will reportedly purchase all six teams in the incoming South Africa-based cricket league.
    podcast thumbnail
    podcast thumbnail mobile
    Front Office Sports Today

    Are Legacy Games Hurting NFL Thanksgiving?

    0:00
    0:00

    Featured Today
    by

    Commanders Sale Could Hit $7B, Durant Wants In
    A Washington Commanders sale could be wrapped up by the spring.
    November 6, 2022

    How the Astros Won the World Series Without Breaking the Bank
    The Astros won the World Series with underpriced talent.
    November 5, 2022

    ESPN College GameDay Means More to Schools Than a Saturday Morning Spotlight
    Schools reap ‘immeasurable’ benefits when the ESPN bus rolls into town.
    kyrie-irving-nike
    November 4, 2022

    Nike Suspends Relationship With Kyrie Irving Over Antisemitism
    After several days of silence, the brand has dropped Irving.

    Careers

    Powered By

    Careers in Sports

    Looking for a new job? Check out these featured listings and search for openings all over the world with Jobbio.
    Sr. Account Manager
    Miami Heat
    Miami, FL
    Apply Now
    Director of Ads
    Nike
    Portland, OR – Hybrid
    Apply Now
    Sports Journalist
    CBS Sports
    New York City, NY
    Apply Now

    More in Quick Hits
    patrick_mahomes
    by

    Super Bowl TV Viewership Sinks 8%
    CBS Sports’ telecast of the Tampa Bay Buccaneers’ 31-9 victory over the Kansas City Chiefs averaged 91.629 million viewers, down 8%.
    man_riding_stationary_bike
    December 28, 2020

    Connected Fitness Company Echelon Lands $65 Million Investment
    The funding came from Goldman Sachs and North Castle Partners, who now own controlling interests in the company.
    woman_holding_hockey_stick
    December 23, 2020

    NBC to Air NWHL Finals, Adds to Banner Year for Women’s Sports
    It will be the first time professional women’s hockey games are shown live on a major national cable network in the U.S.
    antetokounmpo_dribbling_basketball
    December 23, 2020

    ‘Giannis Effect’ Felt by Bucks Following Record-Breaking Extension
    Since he was drafted in 2013, the Bucks’ valuation has jumped from No. 30 in the league at $312 million to No. 19 at $1.58 billion.
    December 22, 2020

    Adam Silver Says NBA Expansion is ‘Manifest Destiny of the League’
    “It’s sort of the manifest destiny of the league that you expand at some point,” NBA Commissioner Adam Silver said Monday.
    December 22, 2020

    Adidas Partners With Jerry Lorenzo, Fear of God Brand
    Lorenzo will lead creative and business strategy for Adidas basketball globally, and launch a Fear of God athletics sub-brand.
    December 22, 2020

    Tokyo Olympics Budget Increases to $15.4B
    The $2.8 billion difference stems from costs of the one-year delay like renegotiating contracts and implementing COVID-19 safety measures.
    person_holding_nike_bags
    December 21, 2020

    Nike Continues Digital Push, Growth in China
    Nike has looked to increase its foothold in China, where it is seeing the most growth globally. Revenue in the region was up 24% to $2.3 billion.