Ten teams from various Indian cities compete in the world’s largest Twenty20 league, the Indian Premier League (IPL). It has grown into a highly anticipated event Because it provides high entertainment and exciting cricket to fans all over the world. The IPL is very competitive, with top cricket players from all over the world playing for different franchises and competing for the trophy. In this post mostly we have discussed the Biggest Franchise in IPL.
The Indian Premier League (IPL) is more than just a cricket tournament, it is also a lucrative business venture because it gives businesses a chance to invest in cricket and promote their brands while players earn lucrative salaries and sponsorship deals. One of the world’s most financially rewarding sports leagues also has substantial profits for franchise owners.
Due to their investments in strong squads, top players, and brand building, the Mumbai Indians, Kolkata Knight Riders, and Chennai Super Kings are the wealthiest teams with varying net worth. One of the most successful sports leagues in the world, the Indian Premier League (IPL) has transformed the way of playing cricket, promoted, and consumed globally.
Biggest Franchise in IPL
Here we have discussed the Top 8 IPL Richest and Biggest Franchises According to Brand Values.
- Mumbai Indians (MI) – $1.3 billion
- Chennai Super Kings (CSK) – $1.15 billion
- Delhi Capitals (DC) – $1.035 billion
- Royal Challengers Bangalore (RCB) – $1.025 billion
- Rajasthan Royals (RR) – $1 billion
- Sunrisers Hyderabad (SH) – $59.6 million
- Lucknow Super Giants (LSG) – $56.1 million
- Kolkata Knight Riders (KKR) – $41.2 million
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1. Mumbai Indians :
With a valuation of $1.3 billion, the five-time IPL champions have been ranked first in the standings. Mumbai Indians is the most successful team in the history of the IPL. They won 5 IPL champions titles in (2013, 2015, 2017, 2019, and 2020). In 2013 Mumbai Indians won their 1st IPL title by defeating Chennai super kings and again in 2015 they won their 2nd title by defeating Chennai Super kings. They defeated the Rising Pune Supergiant by one run in a thrilling final on 21st May 2017, to win their third IPL title.
They accomplished the same thing again in 2019, defeating CSK by just one run to win a record-breaking fourth IPL title. By defeating Delhi Capitals by five wickets in the IPL Final on 10th Nov 2020, they became the first team to win the IPL five times. The team’s popularity is huge from its large fan base and the brand value they have created over the years. The team has devoted fans not only in India but all over the world, and their merchandise is extremely popular. revenue generation and market reach contributed to their large valuation.
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2. Chennai Super Kings :
With four league titles under their name, this team is the second most successful. In February 2022, they became India’s first sports unicorn with a reported value of Rs 7600 crore. The team is standing in the second position with a valuation of $1.15 billion. Chennai super kings have won the IPL trophy four times (in 2010, 2011, 2018, and 2021) and have the highest match-win rate among all other teams.
This team has the record of playing the most playoff and final matches. The revenue generation and the brand value of the team contributed to the team’s massive valuation. From the fan following they have the team’s popularity is massive and merchandise is also very popular among their fans.
3. Delhi Capitals :
The JSW Group and the GMR Group jointly own the franchise, and the valuation of the franchise is worth $1.035 billion. In March 2022, Bolt, a provider of EV infrastructure, became the team’s principal sponsor.
The team’s brand value and large fan base have contributed to its massive valuation. The team changed their name from Delhi Daredevils to Delhi Capitals in December 2018. Delhi Capitals never won the IPL but In 2020 they played the first IPL final.
4. Royal challengers Bangalore :
Despite their widespread popularity, they rank quite low in the valuation rankings. RCB has a total valuation worth $1.025 billion. According to a Forbes report in 2022, the revenue and the operating income are $36.4 million and $9.7 million respectively. Despite this, the franchise has a huge fan following, and its merchandise is also very popular among the fans.
The Royal Challengers have never won the Indian Premier League, but they have been runners-up three times between 2009 and 2016. the team holds the IPL record for both the highest and lowest totals of 263/5(heights) and 49(lowest), respectively,
5. Rajasthan Royals :
Emerging Media Ltd. owns Rajasthan Royals, and its brand value is $1 billion. It has an operating income of $6.6 million and had entered into a multi-year partnership with Dollar Industries to be their principal sponsor ahead of the 2022 season of the Indian premier league.
The popularity of the team and market reach contributed to their large fan following base. This team is always known for high-potential talented players.
Rajasthan Royals won their 1st IPL Champion title in the very first season of IPL in 2008.
6. Sunrisers Hyderabad :
The team’s brand value will be around $59.6 million, which is a significant amount. Due to the global Covid-19 situation and the closed-door matches, the 2020 IPL season saw a drop in revenue and a decrease in brand value of approximately 4%.
The team is owned by Sun TV Network and its CEO is Kaviya Maran. After winning the bid of $12 million (INR 85.05 crores) per year for five seasons, Sun TV Network quickly overtook the team. In 2013 the team made their debut in the IPL. In the 2016 season, the Sunrisers beat the Royal Challengers Bangalore by 8 runs to win their first IPL title. They reached the final again in 2018 but failed to win this time losing to Chennai Super Kings.
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7. Lucknow Super Giants :
The Lucknow Super Giants, owned by RP-Sanjiv Goenka Group, has risen in the valuation rankings within a year of being established. The Brand Value of the team is around 41 million.
In October 2021, the team was purchased for Rs 7090 crore, and their impressive performance helped them finish third in the previous IPL season. The team’s high valuation is largely attributable to its widespread popularity and market reach. In the very first season, the team qualified for the playoffs.
8. Kolkata knight Riders :
The team is owned by famous Bollywood actors Shah Rukh Khan and Juhi Chawla together. The team’s brand value also crossed the billion-dollar mark. The team has revenue of $41.2 million and an operating income of $14.1 million as per a Forbes Article from 2022.
KKR is the two times IPL champion (in 2012 & 2014) in 2012 they defeated Chennai super kings in the final and they repeated history again in 2014, by defeating kings xi Punjab on Gautam Gambhir captaincy. The Knight Riders currently hold the record for the longest IPL T20s winning streak of 14 matches. This team also has a large fan base and that contributed to a huge valuation.
Above is the list of the biggest franchises in IPL.
The valuation of IPL teams is determined by various factors such as brand value, revenue generation, market reach, sponsorship deals, and popularity among fans. The teams that have won the tournament multiple times and have a large fan base have a high valuation.
FAQ of Biggest Franchise in IPL
Q1. Which franchises are the richest franchises in IPL?
Mumbai Indians are the richest franchises in IPL, the brand value of MI is $1.3 billion.
Q2. What are the income sources of IPL franchises?
The main source of IPL franchises is brand sponsorships, ticket sales, prize money, and merchandise sales.
Q3. Which IPL franchise has more fans?
Chennai Super Kings, and MS Dhoni is one of the main reasons for the huge fan following in this franchise. If you visit CSK Facebook page there are more than 12.5M followers, 10.4M+ followers on Instagram and more than 8.6M followers on Twitter.