On Wednesday, English cricket witnessed a significant transformation with the completion of franchise sales for The Hundred, following the acquisition of Southern Brave by GMR Group. This completed the list of eight franchises that were sold, bolstered by investments from notable figures, including Chelsea owner Todd Boehly. The overall valuation of these teams is now expected to approach 1 billion, a landmark development reflecting a shift in the financial dynamics of cricket, positioning it closer to models seen in major leagues like the IPL.
English cricket has seen a remarkable transformation with the sale of franchises in The Hundred, including significant investments from high-profile groups like GMR and Cain International.
With the completion of The Hundred franchise sales, the overall valuation of the eight teams is projected to be close to 1 billion, marking a significant milestone.
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