MLC 2023Who is the Owner of MI New York?

Who is the Owner of MI New York?

Ambani family from India is the owner of MI New York franchise. These franchise companies are overseen by Mukesh Ambani, Akash Ambani, and Nita Ambani, members of their notable family.

In the third continent, fourth nation, and fifth worldwide t20 league, MI New York is their fifth cricket franchise. Major League Cricket is the professional American T20 league that will start in the summer of 2023. Cricket is a growing sport in the United States and MI New York will play a big role in growing MLC’s reputation in the cricket world.

Franchises Owned by MI and Ambani Family

They own all these cricket franchises through Indiawin Sports Private Limited which is a subsidiary company of Reliance Industries.

The purchase of MI New York is an important milestone in the development of Mumbai Indians on the world stage. 

Mrs. Nita Ambani said, “I am thrilled to welcome our New York franchise to the growing MI Family! With our entry into the first T20 franchise cricket league in the US, I hope we are able to establish Mumbai Indians as a global brand of fearless and entertaining cricket! This is another new beginning for MI and I look forward to the exciting journey ahead.”

Mrs. Nita and Akash Ambani participated in the launching event of MINYC franchise. Both were really optimistic to make MI New York a global cricket brand.

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Overall Brand Value of MI Empire

Mumbai Indians cricket brand is the fastest growing brand in World with a strong fan following and digital presence. 

Almost 50 million digital fans are an integral part of the Mumbai Indians family. Since 2008, Mumbai’s overall brand value has increased from nothing to 99 percent which is a tremendous growth as a sport brand in the world. 

The most costly IPL franchise is the Mumbai Indians. Brand Finance, a company that assesses brands around the globe, estimated MI at an incredible $1.3 billion in 2022. According to Forbes, this makes Mumbai Indians worth greater than six MLB teams, 27 NHL teams, and every MLS team combined.

Mumbai India’s overall revenues are estimated to be in the $33 million range. Mumbai Indians just bought a Women’s team in the IPL, showing their expected future growth in the cricket industry.

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MI Newyork in MLC

The fact that Mumbai Indians will use its IPL players in other leagues is one of the franchise’s distinct characteristics. As we all know that Indian players are hardly allowed to play in other T20 leagues of the world. But in the case of these franchises moving to a global scale provides an opportunity to play abroad to connect with the global audience of cricket. Kieron Pollard, Trent Bout, and Nicholas Pooran who are consistent members of MI in IPL will also take part in the first season of Major League Cricket 2023.

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