Are LPL franchise owners getting return on investment?

Franchise owners shelled out sums ranging from $1m to $1.5m to own and manage teams at the inaugural edition of the Lanka Premier League (LPL). But what is their return on investment after dumping such astronomical sums on a completely new venture?

Many agree that the franchises will not make profits this year – or even for the next couple of years -just as it had been for the franchise owners of the Indian Premier League (IPL) who took several years to see returns.

But there is optimism that the LPL will reap dividends in the future. The Sunday Times contacted all five franchises to ask what made them dole out funds at a challenging time but only the Jaffna Stallions and Dambulla Vikings responded…