COVID-19  In-depth info for Indians in Atlanta/Georgia. Click here  
Home > Magazine > ChaiTime > Good Sports: Business Leaders Invest in Major League Cricket

 

Good Sports: Business Leaders Invest in Major League Cricket

Compiled/partly written by Melvin Durai Email Compiled/partly written by Melvin Durai
July 2022
Good Sports: Business Leaders Invest in Major League Cricket

Satya Nadella, CEO of Microsoft, and Shantanu Narayen, CEO of Adobe, are among a group of mostly Indian-American business leaders who have invested $44 million in Major League Cricket (MLC) during its Series A and A1 fundraising round.

MLC has secured an additional commitment of $76 million over the next 12 months, allowing MLC to spend more than $120 million as it attempts to launch America’s first-ever professional Twenty20 cricket league.

According to MLC, the $120 million will be used primarily to build cricket stadiums and training centers to develop cricket stars in America.

MLC is building a stadium in Grand Prairie, Texas, that will seat up to 20,000 people and will be the base for U.S. national cricket team. The stadium, near Dallas, is expected to be completed by spring 2023.


More of ChaiTime here:

http://www.khabar.com/magazine/chaitime/


Compiled and partly written by Indian humorist MELVIN DURAI, author of the novel Bala Takes the Plunge.


[Comments? Contributions? We would love to hear from you about Chai Time. If you have contributions, please email us at melvin@melvindurai.com. We welcome jokes, quotes, online clips, and more.]



Enjoyed reading Khabar magazine? Subscribe to Khabar and get a full digital copy of this Indian-American community magazine.


  • Add to Twitter
  • Add to Facebook
  • Add to Technorati
  • Add to Slashdot
  • Add to Stumbleupon
  • Add to Furl
  • Add to Blinklist
  • Add to Delicious
  • Add to Newsvine
  • Add to Reddit
  • Add to Digg
  • Add to Fark
blog comments powered by Disqus

Back to articles

 

10_22_Cover-Festive-Season.jpg

DIGITAL ISSUE

             

 

eKhabar

Sign up for our weekly newsletter
eKhabar

Click here         

 

NorthAmericanBancard.gif

Raj&Patel-CPA-Web-Banner.jpg

Krishnan Co WebBanner.jpg

Embassy Bank_gif.gif 

DineshMehta-CPA-Banner-0813.jpg 

 InsuranceWala-Web-Banner.gif