NFL legend Larry Fitzgerald, NBA star Chris Paul invest in IPL franchise Rajasthan Royals

The duo, along with another NFL star Kelvin Beachum, are now minority investors in the IPL franchise which is owned by Emerging Media Ventures, an entity that is fully controlled by Manoj Badale.

“I love the idea of building a professional franchise with a clear social purpose and look forward to working with this team to challenge the realms of possibility by expanding to new horizons as a franchise. India has a passionate sports culture and I’m excited to invest in one of the most sought-after teams in the country,” said Fitzgerald.

“I am excited to have become one of the first US athletes to see the value and scope for growth in the IPL.” – Chris Paul

More on this new beginning: https://t.co/OFRKy7x1Zg

— Rajasthan Royals (@rajasthanroyals) May 1, 2022

Paul, a former president of NBA players association, echoed his sentiment.

“I am excited to have become one of the first US athletes to see the value and scope for growth in the IPL.

“With a variety of components, including stadium experience and fan engagement still left to fulfil their course, I see myself contributing world-class experience through this strategic investment,” said Paul, who served as the former president of the National Basketball Players Association.

In addition, as part of the recent transaction for the Royals to acquire the Barbados Tridents, CMG Companies, has joined the Royals ownership group.

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