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British executive Jake Lush McCrum to launch Indian Basketball League

Created at 30 Jul · 10:37 AM1 source↑ Market-relevant
IN SHORT

Jake Lush McCrum, a 33-year-old British executive with experience at the IPL's Rajasthan Royals, is set to launch the Indian Basketball League in 2027. The league aims to capitalize on India's large basketball-playing population and growing sports market.

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Key Numbers

33-year-oldage of Jake Lush McCrum
2027planned launch year for IBL
sixinitial number of franchises
10projected number of franchises within years
55mbasketball players in India
30takeover bids received for franchises
£1.4bndeal value for Rajasthan Royals

Who's Involved

Jake Lush McCrum
33-year-old British executive heading the Indian Basketball League
Rajasthan Royals
IPL franchise McCrum previously worked with
Mittal family
Investors who purchased a stake in Rajasthan Royals
British executive Jake Lush McCrum to launch Indian Basketball League

↳ Why This Matters

The launch of the Indian Basketball League, spearheaded by an executive with proven experience in a major sports league, signifies a significant push to professionalize and popularize basketball in India, a country with a large and growing sports market.

Key facts

  • Jake Lush McCrum, 33, is spearheading the launch of the Indian Basketball League (IBL).
  • The IBL is scheduled to begin in 2027 with an initial six franchises, growing to ten.
  • McCrum has prior experience in sports leadership, including with the IPL's Rajasthan Royals.
  • India has the third-largest basketball playing population globally, with 55 million participants.
  • The league's franchise model involves central ownership initially, with sales planned for year three.
  • The IBL has already received 30 takeover bids from domestic and international entities.

City AM sat down with 33-year-old British executive Jake Lush McCrum, who is set to launch the Indian Basketball League (IBL) in 2027. McCrum, who has nearly a decade of senior sports leadership experience, previously helped relaunch the IPL's Rajasthan Royals franchise.

The IBL is slated to begin with six franchises and aims to expand to ten within a few years. McCrum highlighted the significant global and Indian context for the sport, noting that India has the third-largest basketball playing population in the world with 55 million participants, behind only China and the US.

He also pointed to the sport's popularity in private schools, a healthy gender split at the youth level, and an affluent audience profile similar to that of Indian Premier League viewers. The league's startup model is similar to English cricket's The Hundred, with teams centrally owned before being sold off in year three. McCrum anticipates lower valuations than The Hundred due to differing consumer spending power but noted that the franchises have already attracted 30 takeover bids from domestic and international organizations, including interest from Bollywood.

McCrum emphasized the need for proactive engagement with fans across India, drawing on his eight years of living in the country. He believes that basketball's faster format could appeal to a younger generation of Indian fans who are turning away from longer sports formats, potentially challenging the dominance of sports like kabaddi and cricket.

Frequently asked questions

Jake Lush McCrum is a 33-year-old British sports executive tasked with launching the Indian Basketball League. He previously worked with the IPL's Rajasthan Royals.

The Indian Basketball League is planned to launch in 2027.

The league will start with six franchises and is projected to grow to ten within a few years of its launch.

Initially, all teams will be owned centrally, with a plan to sell them off to individual owners in the third year of operation.

What Happens Next

01The Indian Basketball League is scheduled to launch in 2027.
02Franchise ownership is expected to transition from central control to individual sales in year three.

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Cadence

How It Developed

Jake Lush McCrum, a 33-year-old British executive, is set to launch the Indian Basketball League.
The league is planned to launch in 2027 with six franchises, expanding to 10 within a few years.
McCrum believes the league is launching at a significant time for the sport globally and in India.
India has the third-highest playing population for basketball globally with 55 million players.
The league's proposition includes centrally owned franchises that will be sold off in year three.
Despite not being for sale, the teams have already attracted 30 takeover bids from various organizations.
McCrum previously helped relaunch the IPL's Rajasthan Royals franchise.

Sources

T1
Meet the 33-year-old British former IPL boss changing Indian basketballCity AM

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