SRK is known for his keen business sense and investing in ventures. Shah Rukh Khan has purchased the Trinidad & Tobago franchise in the Caribbean Premier League. According to reports, Khan's company Red Chillies Entertainment Pvt Ltd, along with Kolkata Knight Riders co-owners Juhi Chawla and her husband Jay Mehta, has invested in the T&T franchise. The next edition of the tournament is scheduled to run from June 20 to July 26, 2015. Khan is the first owner of an Indian Premier League team to own an overseas cricket franchise. He told TOI, "This is in line with our vision to expand globally . We are thrilled to become part of the cricketing tradition of Trinidad & Tobago. The passion for franchise cricket in the Caribbean is evident with the success of CPL and we hope to bring all the best practices of KKR to the T&T franchise."
Hollywood stars Mark Wahlberg and Gerard Butler already own CPL franchises. Wahlberg owns reigning champions Barbados Tridents, led by Kieron Pollard, while Butler owns Jamaica Tallawahs, captained by Chris Gayle.