
Jaipur, March 25: Australian spin legend Shane Warne wasn’t just a magician with the ball in his hand but also a visionary who knew when and how to place the right bets. When he became captain of the Rajasthan Royals in the inaugural season of the Indian Premier League (IPL) in 2008, he reportedly inserted a clause in his contract that is set to earn his family a bumper reward nearly two decades later. The clause was triggered when Rajasthan Royals were sold to a US-based consortium led by Kal Somani for a staggering sum of USD 1.63 billion (approximately INR 15,290 crore).
hen the Royals signed Warne ahead of the 2008 season, he wasn’t only given the role of skipper but also complete control over cricketing operations at the franchise. As part of the deal, the late Australian icon was granted a 0.75% ownership stake for every year he played for the team.
“Part of my deal… they asked me to be the captain, coach, and run a cricket team the way I wanted… I was the one-stop shop,” Warne had revealed in an interview with The Herald Sun.
Warne went on to spend four seasons with the franchise, famously winning the title in the maiden season in 2008. His total share in the franchise’s ownership thus grew to 3%. With the team now sold for USD 1.63 billion, Warne’s stake translates to a whopping Rs 450 to 460 crore.
His family will be eligible to sell the share and take the cash home after the conclusion of the 2026 edition of the IPL, though the deal must be approved by the Board of Control for Cricket in India (BCCI). The franchise was originally purchased for just USD 67 million in 2008 by Emerging Media, led by Manoj Badale. Sadly, Warne is no longer here to witness this moment, having passed away in 2022. Yet, his foresight ensures that his family will benefit immensely from the deal he signed 18 years ago.
Share this:
- Click to share on WhatsApp (Opens in new window) WhatsApp
- Click to share on Facebook (Opens in new window) Facebook
- Click to share on X (Opens in new window) X
- Click to share on LinkedIn (Opens in new window) LinkedIn
- Click to share on Telegram (Opens in new window) Telegram
- Click to print (Opens in new window) Print
- Click to share on Tumblr (Opens in new window) Tumblr

Latest Posts
- KTR Slams Centre Over NEET-UG Cancellation due to Paper Leak
- Paddy and Maize Crisis: CM Revanth Holds Review, Warns Collectors Over Delays
- Bandi Sanjay’s Son Moves Telangana High Court for Anticipatory Bail After Being Declared Absconding
- How Delhi Capitals Can Advance Into Playoffs After Win Against Punjab Kings?
- Iran Warns Of 90% Uranium Enrichment If Attacked Again
- Apple And Google Bring End-To-End Encryption To Cross-Platform RCS Messaging
- Himanta Biswa Sarma Takes Oath As Assam CM For Second Consecutive Term
- Actor Vishal Reacts To Vijay’s ‘Liquor Ban’ In Tamil Nadu: “What A Move”
- New Tamil Nadu Chief Minister, New ‘Liquor Ban’: Vijay Shuts 717 Shops
- AIADMK’s CV Shanmugam Faction Announces Support To TVK
Telangana Updates
-

Telangana
/ 3 days agoKTR Slams Centre Over NEET-UG Cancellation due to Paper Leak
Hyderabad: Following the dramatic cancellation of the National Eligibility cum Entrance Test Undergraduate (NEET-UG)...
-

Telangana
/ 3 days agoPaddy and Maize Crisis: CM Revanth Holds Review, Warns Collectors Over Delays
Hyderabad: Amid mounting pressure from the opposition and growing distress among the farming community,...
-

Telangana
/ 3 days agoBandi Sanjay’s Son Moves Telangana High Court for Anticipatory Bail After Being Declared Absconding
Hyderabad: Bandi Bhageerath, the 23-year-old son of Union Minister of State for Home Affairs...
-

Telangana
/ 5 days agoMidnight Crash on Mahabubnagar Bypass Claims 5 Lives
Mahabubnagar: In a tragic and devastating road accident, five people—including an 18-month-old toddler and...











