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20 Feb 2018

Poker Sports League opens bids for Kolkata Royals team

PSL

Adda52 and Amit Burman promoted Poker Sports League (PSL) has šŸ§”announced that the Kolkata Royals team is up for sale and bids/proposals are open for the same.

According to Pranav Bagai, the CEO of PSL, the Kolkata Royals team has been finalised twicšŸŒ„e in the last one month; but the proposal could not be finalised due to some conflict of interesšŸ¦¹t between the league and the potential team owner.

Bagai added that the team is now open for sale and thešŸ’ franchisee fees for the first year for the team is Rs. 57.50 lakhs while tšŸŒ±he player fee (for season 2) is estimated to be around Rs. 14 lakhs. The team owners have to sign a contract for the next 8 years.

He added that after a , the league is set to have a bigger and better edition in May this year, which could be hosted on a venue in Kolkata or Mumbai. Bagai also noted that 1šŸŒŗ00% of the revenues earned by the franchisees through sponsorship and advertising deals can be retained by them. Besides this, 50% of the total revenues earned by PSL are also distributed among all teams.

ā€œPSL season 2 has already gained a lot of popularity and is being reckoned as a property that will change the mind sports landscape in India,ā™›ā€ Amit BšŸøurman.

He added, ā€œBy owning Kolkata Royals, the team owner gets a chance to be a part of this incrąµ©edible journey, alongside othįƒ¦er visionaries, and make history in this space.ā€

The player ceremony for Season 2 of ą¶£PSL, which will have a total prize pool of Rs. 3.60 crores, will be held on 15th April in New Delhi.

The grand finale, which is slated to be held in May this year will be broadā™ˆcast on Discovery GršŸ¦‹oupā€™s . Chess grandmaster and Padma Vibhushan awardee Viswanthan Anand will be and will be present at the final event of PSL.

The other team owners of PSL include, Bengaluru Warriors Ajoy Khandheria, Anurag Malhotra, Rajiv Ahuja, Amitabh Nagpal and Shalini Arora Kochhar; Delhi Panthers ā€” Rishi Kajaria, Ruchirans Jaipuria, Abhishek Jain and Gaurav Goel; Goan Nuts ā€” Gaurav Mohan, Ravi Goel, Jaskirat Singh, Sagar Gogia and Gaurav Verma; Gujarat Falcons ā€” Veenit Raval, Akash Singhania, Jaydeep Dawer and Shubhra Bhardwaj; Haryana Hirollers ā€” Divij Talwar and Adnš’an Kidwai; Punjab Bluffers ā€” Vedant Thadani; Mumbai Anchors ā€” Mehul Shah; Pune Sharks ā€” Rishabh Jhunjhunwala, Shamit Khemka, Chetan Kajaria, Sachin Goel and Saloni Gupta; Rajasthan Tilters ā€” Purrshottam Bhaggeria; Andhra Bullets ā€” Sam Reddy; Chennai Thalaivas ā€” Ujjwal Minocha and Vivek Agarwal.

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