In July 2009, the USACA announced it was inviting proposals from prospective sponsors, broadcasters and game development partners to help launch the American Premier League, an Indian Premier League style Twenty20 league tournament. No American Premier League matches were played in 2010, and in April 2011 no further matches have been announced. The board announced in December 2010 that it had signed a $10 million deal with New Zealand Cricket and several strategic investors are stakeholders, creating a new body called Cricket Holdings America to manage all commercial rights for cricket in USA, including Twenty20 rights, in perpetuity