Forbes

It’s a jaw-dropping, game-changing announcement. A “watershed moment”, USA Cricket Board Chairman Paraag Marathe aptly said.

USA Cricket on Thursday revealed it had selected American Cricket Enterprises (ACE) as its strategic partner for the development of a professional T20 tournament in the U.S. ACE is backed by the founders of Willow TV and Satyan Gajwani and Vineet Jain, the principals of The Times of India Group.

The Times of India Group is the largest media conglomerate in the second-most populous country in the world, while Willow TV has more than four million subscribers and is the main U.S. broadcaster for major international cricket.