• Loading stock data...
Monday, April 14, 2025
    More
    Quick Hits

    Prominent Tech Execs Line Up to Back Cricket Growth In the U.S.

    By
    Dec 23, 2020 | 02:42 pm
    UPDATED Feb 19, 2023 | 12:26 pm
    person_playing_cricket
    Major League Cricket

    Prominent tech executives are the latest investors to signal faith in U.S. viability for the sport of cricket. 

    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 MLC 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
    Whatsapp
    Copy Link
    Link Copied
    Link Copied

    What to Read

    Teammates embrace during matchup in The Hundred cricket league
    by

    Google, Microsoft, Adobe CEOs Buy Stakes in Cricket League
    The England and Wales Cricket Board raised £520m by selling team stakes.
    Jun 13, 2018; Moscow, Russia; A general view of a beer stand inside of Luschniki Stadium one day prior to the start of the FIFA World Cup 2018.
    by

    Saudi Arabia Says No Alcohol at 2034 World Cup
    Saudi Arabia won’t allow alcohol anywhere during the 2034 World Cup.
    Sundar Pichai
    by

    Google, Microsoft CEOs Team Up in Attempt to Buy Cricket Team
    Five Silicon Valley CEOs have come together for a joint ownership bid.
    Sep 21, 2024; Columbus, Ohio, USA; Marshall Thundering Herd running back Ethan Payne (28) dives in for the touchdown during the first quarter against the Ohio State Buckeyes at Ohio Stadium. Mandatory
    by

    Portal-Depleted Marshall Bows Out of Independence Bowl
    Louisiana Tech (5–7) will take Marshall’s place.

    Featured Today

    Jul 29, 2024; Villeneuve-d'Ascq, France; France center Dominique Malonga (14) and guard Marine Johannes (23) celebrate after defeating Canada during the Paris 2024 Olympic Summer Games at Stade Pierre-Mauroy
    by

    ‘Has to Change’: The WNBA’s International Player Problem
    As more global stars arrive, the “prioritization” rule is causing tension.
    Yamine Lamal Barcelona
    April 12, 2025

    Lamine Yamal: The Pressure and Price of Barcelona’s Young Prodigy
    Lamine Yamal is a teenage superstar. Can Barcelona afford him?
    The pin flag on the second green flaps in the wind during the second round of the Masters Tournament at Augusta National Golf Club.
    April 7, 2025

    Inside The Masters: Traditions, Restrictions, and Gnomes
    How the most exclusive major employs its own strict rules and operations.
    Mar 16, 2023; Sacramento, CA, USA; Missouri Tigers guard Kobe Brown (24) reacts after scoring a basket agianst the Utah State Aggies during the second half at Golden 1 Center.
    exclusive
    April 6, 2025

    ‘It’s On Principle’: NBA Players On Filing for House Settlement Checks
    The checks are relatively small. That’s not the point, players say.

    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%.
    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.
    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.
    Sponsored

    The MVP of Clean Nutrition: Inside Bryce Harper’s Partnership with Just Ingredients
     Championing clean, effective nutrition beyond the baseball diamond—with Bryce Harper and Just Ingredients. 
    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.
    Tokyo Olympics need increased funding.
    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.