Cricket Victoria chief executive Tony dodermaide confirmed he received a proposal from the Indian Premier League squad, the Rajasthan Royals, which is captained by Shane Warne.
The team has announced the formation of a global cricketing brand called Royals2020 and involving major teams around the world.
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"We have receive a proposal from the Royals representatives. The concept is an interesting one but we've made no commitments at all and whatever is proposed would have to suit Victorian cricket," Dodemaide said.
"We'll just assess the proposal on its merits, get as much detail as we can and make a decision when we're ready," Dodemaide said.
All of the teams taking part will now carry the "Royals" suffix in their domestic Twenty20 competitions and play each other in a series of matches, with the first edition planned for England in July.
Organisers hope to stage a second 'Royals Twenty20' in either Australia or South Africa in December, with a third edition pencilled in for either Jaipur or the Middle East in early 2011.
