Warne could earn up to USD 12 million with minor stake at Rajasthan Royals

back icon
safari
08 Dec 2019 | 12:12 PM
authorPTI

Warne could earn up to USD 12 million with minor stake at Rajasthan Royals

The former Australian bowler was paid USD 657,000 and given an ownership of 0.75 percent for every year he played after coming out of retirement in 2008.

heart

Share

 Shane Warne was given a minuscule stake in IPL franchise Rajasthan Royals during the league's inaugural edition in 2008, a deal that could potentially find the legendary spinner laughing his way to the bank in the coming days. According to the 'Herald Sun', Warne was paid USD 657,000 and given an ownership of 0.75 percent for every year he played after coming out of retirement in 2008.

"Part of my deal (was) because I had retired from international cricket and I came out (of retirement), they asked me to be the captain, coach and run a cricket team the way I wanted to run it; I was the one-stop shop," Warne was quoted as saying by the Australian paper 'Herald Sun'.

Warne, who has also been a coach-cum-mentor and then Brand Ambassador of the Royals, led an unheralded bunch of players to an unlikely triumph during the inaugural edition of IPL back in 2008. In fact, current India star Ravindra Jadeja was a talented uncapped player back then, whom Warne had backed to the hilt terming him a "rockstar".

"We were the underdogs, we were the least favoured, no one gave us a chance to win. It was the first ever year of the IPL of franchise cricket where owners bought players and players went into auctions. Rajasthan Royals franchise is currently worth USD 200 million and Warne according to the report, believes that the valuation will be doubled in next couple of years.

"Three per cent of USD 400 million is all right,' said Warne, which effectively means that he could earn up to USD 12 million.

heart
shareGray Share
Tags
Rajasthan Royals

Related Articles

safari
NEWS
If Sanju is consistent, he will play all formats for India: Warne
The legendary Australian has been sold by Samson's maturity and his evolution as a batsman
userPTI
30 Sep 2020
safari
NEWS
Shane Warne to mentor Rajasthan Royals' youngsters
As a 'Team Mentor', Warne will work alongside head coach Andrew McDonald
userPTI
13 Sep 2020
safari
ONTHISDAY
When Shane Warne picked up his 600th Test wicket
The former Australian legspinner reached the landmark in his 126th Test
userHardik Worah
11 Aug 2020
safari
NEWS
93 cricketers including Plunkett, Southee listed for Lanka Premier League
Mohammad Hafeez and Dwayne Smith too are expected to play a part
userPTI
09 Aug 2020
safari
OPINION
Shane Warne delivers the ‘ball of the century’
On this day, in 1993 Warne bowled Mike Gatting with a peach of a delivery, one that would be spoken about for years to come
userAshish Pant
04 Jun 2020
safari
NEWS
Kohli only Indian again in Forbes' list of highest-paid athletes
The 31-year-old is also the only cricketer in the top-100 list
userPTI
30 May 2020
safari
IPL HALL OF FAME
Cricket.com IPL Hall of Fame – Shane Warne
Marking the 12th anniversary of the decorated league, we celebrate and honour the legends of the IPL
userShubh Aggarwal
19 Apr 2020
safari
OPINION
Foreign captain in an Indian league
57% of the completed IPL matches have featured at least one foreign captain. Leading a franchise in a foreign league throws a lot of hurdles that are somewhat easier to manage for captains from India
userSomesh Agarwal
09 Apr 2020
safari
FEATURE
IPL: Six cricketers who served both as a player and a coach
A look at some top cricketers who served as a player and as a coach in IPL
userCricket.com Staff
04 Apr 2020
safari
NEWS
Shane Warne to coach London team in The Hundred
The legend has previous coaching experience with Rajasthan Royals in the Indian Premier League
userAFP
09 Aug 2019
logo
Cricket like never before
Follow us on
FacebookTwitterLinkedin
@ 2020 cricket.com | All rights reserved