Sunrisers Hyderabad: The Ownership Story and Key Figures
The Indian Premier League (IPL) has seen numerous ownership changes over the years, but Sunrisers Hyderabad (SRH) stands out for its unique ownership structure. This article delves into the history and details surrounding the current owners and key personalities of SRH.
Owner and Key Figures
The Owner of SRH is Kalanithi Maran, the Chairman and CEO of the SUN Group, a major Indian media conglomerate. The SUN Group, headquartered in Chennai, India, owns a plethora of media outlets, including television channels, radio stations, newspapers, and magazines. Kalanithi Maran acquired the SRH franchise in 2012, well before the first IPL season, thereby cementing his position as the owner of this esteemed franchise.
Background of Kalanithi Maran
Kalanithi Maran is the son of the former Indian union minister Murasoli Maran and a grand nephew of the late Tamil Nadu chief minister M Karunanidhi. His family legacy in the Indian media and entertainment sector is significant, making the ownership of SRH a natural progression of his career goals and family ties.
Kalanithi Maran's Net Worth is estimated at around 1.6 billion, a testament to his success in the media industry. The Forbes magazine’s wealth rankings reflect his influence and financial standing in India.
Family Involvement
While Kalanithi Maran is the primary owner, his daughter Kavya Maran is also deeply involved with the franchise. Kavya Maran became a household name during the IPL 2020 auction, showcasing her influence and connection to the team. Her participation sometimes leads to confusion about the actual ownership, but it is important to note that Kalanithi Maran remains the sole owner of SRH.
SRH in the Indian Premier League
Sunrisers Hyderabad (SRH) is a franchise cricket team based in Hyderabad, Telangana, India. Founded in 2012 after the termination of the Deccan Chargers, SRH has since become a dominant force in the IPL. The team is currently captained by Kane Williamson and coached by Trevor Bayliss. The orthos main home ground is the Rajiv Gandhi International Cricket Stadium in Hyderabad, which has a seating capacity of 55,500.
Brand Value
According to an estimation, the brand value of Sunrisers Hyderabad was 483 crore (US$70 million) in 2019. The overall brand value of the IPL was estimated at 47,000 crore (US$6.8 billion) in 2019, making SRH a significant contributor to the league's success and popularity.
Conclusion
The ownership of Sunrisers Hyderabad is firmly in the hands of Kalanithi Maran, the Chairman and CEO of the SUN Group. While involving influential family members like Kavya Maran, the ultimate decision-making and financial control ultimately rest with Kalanithi Maran. The connection of this ownership to the broader media landscape of India adds a unique dimension to the team's history and culture.