Recently, a host of IPL franchises have shown their interest in buying teams in South Africa’s newest T20 league.
They are Chennai Super Kings, Mumbai Indians, Delhi Capitals and Rajasthan Royals.
January 2023 will mark the start of South Africa’s new T20 league.
It will have 30 games in the group stage and will then have playoffs.
Cricket South Africa is now trying to become the second-best in the T20 league after the IPL.
South Africa previously launched 2 T20 leagues which were Global League T20 and Mzansi Super League.
Cricket South Africa understands the profitability of T20 leagues and how it has helped BCCI.
To achieve the goal of becoming second-best, CSA has extended a contract to Sundar Raman. Raman is the former Chief Operating Officer of IPL and knows how to create successful leagues.
Raman will have a 12.5% share in the T20 league, with the majority to be with Cricket South Africa at 57.5% and broadcaster SuperSport having a share of 30%.
The board has even calculated all the costs that they will incur throughout the tournament.
Cricket South Africa has decided to do away with experimentation in this league and to make this project a viable one right from Day 1.
South Africa will also be hosting a lot of international cricketing events in the upcoming five years.
They will firstly host the Women’s Under-19 T20 World Cup in January 2023, the Women’s T20 World Cup in February and then become co-host of ICC Men’s ODI World Cup in 2027 with Namibia and Zimbabwe.