The Rajasthan Royals franchise scored a $1.6 billion valuation in a sale to entrepreneur Kal Somani, supported by Rob Walton of Walmart and the Hamp family of Ford, both of whom own franchises in the National Football League (NFL) in the US. This marks the entry of global sports franchise owners entering Indian cricket.The valuation for The acquirers of RCB will get the men’s team as well as the franchise’s team in the Women’s Premier League. For the selling party, United Spirits Limited (USL), a subsidiar ...