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T20 Mumbai League | Aspect Sports gets operating rights of new Navi Mumbai franchise – Cash My Currency- Financial Updates | Business Blog Post | Financial Guest Posting Services

T20 Mumbai League | Aspect Sports gets operating rights of new Navi Mumbai franchise

T20 Mumbai League | Aspect Sports gets operating rights of new Navi Mumbai franchise

Aspect Sports has been awarded the operating rights for the Navi Mumbai franchise, the newest addition to the T20 Mumbai League, from the 2027 edition.

The franchise, which will take the league’s strength to nine teams, has been awarded for ₹106.88 crore for a six-year period, with the first season carrying a fee of ₹12.21 crore, the Mumbai Cricket Association (MCA) announced on Wednesday.

It is understood that the average annual franchise fee of ₹17.81 crore is more than 50% of the highest fee than the existing eight franchises in the league.

The addition of Navi Mumbai is expected to expand the league’s footprint beyond its traditional Mumbai base and provide cricketers from the region with a pathway into the competition.

“The expansion of the T20 Mumbai League to Navi Mumbai is a significant milestone in our vision to take the game closer to every corner of the Mumbai cricketing ecosystem,” MCA president Ajinkya Naik said.

“The addition of a ninth franchise will not only broaden the league’s reach but also create greater opportunities for emerging cricketers to showcase their talent on a competitive platform.”

Rajdip Gupta, chairman of the T20 Mumbai League Governing Council, said the ninth franchise would help the league build a “stronger and more sustainable ecosystem” while creating greater value for its stakeholders.

Aspect Sports is owned by Aspect Global Ventures. Its executive chairperson Aksha Kamboj said the organisation viewed its association with the league as a step towards establishing a long-term presence across multiple sporting disciplines.

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