IPL Franchises, Tech Giants Compete for The Hundred Team Ownership

Four Indian Premier League (IPL) franchises, including Mumbai Indians, Sunrisers Hyderabad, Lucknow Super Giants, and Delhi Capitals, are competing against a consortium of major tech companies such as Google and Microsoft for ownership of The Hundred teams in England. The England and Wales Cricket Board (ECB) has finalized the shortlist of bidders, with a binding final bid required to determine ownership. The IPL teams are particularly interested in the London-based franchises: Oval Invincibles and London Spirit, while the Manchester Originals have also attracted significant interest. Investors must ensure their bids exceed a specified floor valuation price, and the winners will take control of the teams in 2026. This bidding process showcases the growing intersection of sports and technology investment, as high-profile tech executives are involved in the bids. The final outcomes are anticipated to shape the competitive landscape of The Hundred in the coming years.