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Deal includes men's and women's teams as United Spirits exits franchise ownership amid strategic portfolio review of non-core businesses
Bengaluru-based franchise is being acquired from United Spirits Limited (USL), a subsidiary of Diageo plc, in a deal that values RCB at $1.78 billion (around ₹16,600 crore)
Under IPL regulations, players who pull out after being picked at auction without a valid injury or medical reason risk suspension from participating in the next two auctions
Malinga, a 25-year-old pacer, is set to join Sunrisers Hyderabad in Hyderabad, alongside Kamindu Mendis, who has already received approval.
Somani, who previously held a minority stake in the franchise, will now lead a consortium that includes backing from Walmart-linked investors, along with prominent American business families.
Shaan Mehta added, "GT is an emotion, and the fans are at the centre of that. Without them, success would not hold the same meaning.
Since their inaugural season in 2022, the Titans have built a strong record, reaching the playoffs in three of their first four seasons and lifting the trophy in their very first campaign.
Teams will only be allowed to use their allotted areas, and sharing of practice wickets with the opposition remains prohibited.
Delhi Capitals will take on Lucknow Super Giants in their opening match of IPL 2026 on April 1
Lucknow Super Giants already have a formidable pace attack, and according to former India spinner Ravichandran Ashwin, this could make it tough for Arjun Tendulkar to find a place in the playing XI.