Press Release Overview
New Delhi, 27 October 2026 – Fanwizz Private Limited issued a press release outlining its plan to launch the Masters Pro T20 cricket league in January 2027. The league will commence with six founding franchises, each valued at approximately ₹45‑50 crore, giving an aggregate franchise valuation of ₹270‑300 crore.
Valuation Targets
Fanwizz estimates the league’s current indicative valuation at ₹300‑350 crore and projects that it could reach a valuation between ₹1,200 crore and ₹1,500 crore within the first three to four seasons.
Innovative Competition Format
Masters Pro T20 will feature a novel four‑innings structure where each team bats two separate innings of ten overs each. The team with the higher aggregate score after both innings wins. An optional “Super Sub” allows each side to permanently replace one player from the original XI after both teams have completed their first innings, adding a tactical dimension.
Commercial and Revenue Model
Under the proposed commercial framework, 80 % of the league’s central revenue pool – comprising central sponsorship, broadcast and media rights, and gate receipts – will be distributed equally among the six founding franchises. Each franchise is also slated to receive a 6 % equity stake in the league‑operating company at the pre‑IPO stage, subject to definitive agreements and regulatory approvals.
Public Listing Roadmap
Fanwizz plans to list the league‑operating subsidiary on a stock exchange after Season 3 and before Season 4, targeting an indicative market valuation of ₹1,000‑1,200 crore at the time of the IPO. Eighty percent of the IPO proceeds are intended to be shared equally among the six founding franchises, again subject to final transaction structure, approvals, and applicable legal requirements.
Global Media Reach
The league aims for worldwide distribution across linear television, digital platforms, OTT services, and YouTube, projecting a combined reach of roughly one billion viewers. The company notes that this figure is a target and not a guaranteed audience.
Executive Comments
Avishek Mazumdar, Founding Partner of Fanwizz Private Limited, said the venture is a long‑term investment in the business of sport, emphasizing sustainable commercial revenues, meaningful franchise participation, and multi‑season value creation. Salman Khan, Co‑Founder, added that the central revenue‑sharing model, proposed equity participation, and potential public listing are designed to align franchise owners with the overall growth of the property.
About Fanwizz
Fanwizz Private Limited describes itself as an emerging sports venture focused on developing innovative sporting properties, enhancing fan engagement, and creating opportunities across the sports ecosystem. Its philosophy, “Curating Fanatics. Empowering Grassroots,” reflects a blend of sport, technology, entertainment, and commercial innovation aimed at building sustainable sports platforms.
Disclaimer: The press release is provided under an arrangement with NRDPL. PTI takes no editorial responsibility for the content.