The Economics Times
USA Cricket has selected American Cricket Enterprises (Major League Cricket or MLC), an entity backed by The Times of India’s Satyan Gajwani and Vineet Jain and Willow TV founders Sameer Mehta and Vijay Srinivasan, as its strategic partner for the development of a world class professional T20 cricket league.
The selection of ACE as the strategic partner furthers USA Cricket’s vision to bring professional cricket to the world’s largest sports market, concluding a multi-stage evaluation process that began in November 2018 with a public invitation for proposals for building a US-based T20 professional league. USA Cricket’s long-term agreement with ACE marks the most ambitious and transformational venture ever undertaken in the American cricket landscape, that will result in over $1 billion invested into the development of cricket domestically. The $1 billion investment will happen over a 10-year period, according to people familiar with the matter.