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Fanwizz Targets Masters Pro T20 Franchise Expansion by 2030–31 with Innovative Legends Cricket Model

news Oct 21, 2026

New Delhi, Oct 21: Fanwizz Private Limited is positioning Masters Pro T20 as a long-term sports investment platform, combining franchise ownership, central revenue participation, global media distribution and a proposed public listing roadmap. The inaugural season shall take place in January 2027.

The six founding franchises are being valued at approximately₹45–50 crore each, implying an aggregate franchise valuation of ₹270–300 crore. The League’s indicative valuation is estimated at₹300–350 crorewith a potential to be valued between₹1200-1500 crorein the first three to four seasons.

Avishek Mazumdar, Founding Partner, Fanwizz Private Limited, said

“We see Masters Pro T20 as a long-term investment in the business of sport. The opportunity is to build a valuable sporting property with sustainable commercial revenues, meaningful franchise participation and the potential to create value over multiple seasons. Cricket is the platform, but the investment thesis is about building an enduring sports business.”

Under the proposed commercial structure,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 founding franchise is also proposed to receive a6% equity stake in the League-operating company at the pre-IPO stage, subject to definitive agreements and applicable approvals.

Masters Pro T20 will operate through a subsidiary of Fanwizz Private Limited. Fanwizz is targeting a public listing after Season 3 and before Season 4, at an indicative valuation of₹1,000–1,200 crore. Under the proposed framework,80% of IPO proceeds are intended to be distributed equally among the six founding franchises, subject to the final transaction structure, approvals and applicable legal and regulatory requirements. These are proposed targets, not assured outcomes.

“Our vision is to build a scalable sports business with a strong commercial framework and a long-term perspective. Through central revenue sharing, proposed equity participation and a potential public listing, we aim to align franchise owners with the growth of the overall property,” added Salman Khan, Co-Founder, Fanwizz Private Limited.

Masters Pro T20 is targeting worldwide distribution across linear television and digital platforms, including OTT services and YouTube. The combined reach across television, digital and social media is projected at approximatelyone billion, creating potential opportunities for sponsors and commercial partners across markets. Through Masters Pro T20, Fanwizz aims to build a distinctive sporting property offering franchise owners and commercial partners opportunities to participate in the long-term development of legends cricket.

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