<h1>Sports Company Acquires Team for Rs. 74 Lakh to Join Professional League with Rs. 1.5 Crore Prize Pool</h1> A sports management company acquired a team formerly known under a different name for Rs. 74 lakh to participate in a professional league scheduled in August 2025. The team was rebranded to reflect cultural heritage and competitive aspirations. The league, officially recognized by a state government and organized by a government minister, transforms a traditional sport into a professional, televised event with safety protocols, training, and sponsorships. The tournament features 16 teams competing for a total prize pool of Rs. 1.5 crore, including substantial rewards for winners and participation incentives. The acquiring company emphasizes youth development, cultural preservation, and community engagement through sports, aiming to foster talent and promote holistic growth. The acquisition and league operations highlight the commercialization and professionalization of a traditional sport within a regulated and competitive framework.