Can you share the source of this news? It will be great if he have another big league after IPL , that will add to the entertainment. Also, such leagues will boost the local cricket in the US too (just as IPL is doing wonders for the Indian cricket).
It is called the MLC (Major League Cricket), you can do a Google search. It is backed by ACE (American Cricket Enterprise), it consists of consortium of 20 investors. Prominent names are Satya Nadella who is the CEO of Microsoft, Shantanu Narayen who is the Chairman and CEO of Adobe, Vijay Shekhar Sharma, Founder and CEO of Paytm based in India and others. It is already getting much mainstream media attention after the success of the US team in the tournament.