Daijiworld Media Network - Mumbai
Mumbai, Mar 25: Late Australian spin legend Shane Warne’s visionary contract clause with Rajasthan Royals is set to deliver a massive financial windfall to his family, nearly two decades after the inaugural Indian Premier League season in 2008.
When Warne joined the Royals as captain in 2008, he reportedly negotiated a unique clause that granted him a 0.75 per cent ownership stake in the franchise for every year he played. Over four seasons, including the title-winning debut campaign, his stake grew to 3 per cent.
The clause has now come into effect following the franchise’s reported sale to a US-based consortium led by Kal Somani for USD 1.63 billion (around Rs 15,290 crore). Warne’s 3 per cent stake is estimated to be worth Rs 450–460 crore.
Warne, who also oversaw cricketing operations during his stint, had earlier described his role as a “one-stop shop” where he captained, coached, and managed the team.
The stake will now benefit his family, who are eligible to sell it after the conclusion of the 2026 IPL season, subject to approval from the Board of Control for Cricket in India.
The Royals were originally bought for just USD 67 million in 2008 by Emerging Media, led by Manoj Badale, marking a staggering rise in valuation over the years.
Warne passed away in 2022, but his foresight continues to leave a lasting legacy—both on and off the field.