The Indian Premier League (IPL) is one of the most high-profile cricket leagues in the world, known for its star-studded lineups, and thrilling matches. However, the league’s significance goes beyond just sporting entertainment. With teams representing significant cities and corporate giants, the IPL has evolved into a massive business venture, generating yearly revenue. In this article, we delve into the financial powerhouses of the IPL, highlighting the most valuable teams that are not only dominating the pitch but also the boardroom.
Mumbai Indians
Chennai Super Kings
Kolkata Knight Riders
Royal Challengers Bangalore
Gujarat Titans
Delhi Capitals
Rajasthan Royals
Sunrisers Hyderabad
Lucknow Super Giants
Punjab Kings
Mumbai Indians
| Team | Mumbai Indians |
|---|---|
| Owner | Reliance Industries |
| Value | INR 725 crore |
Mumbai Indians is a highly acclaimed professional cricket team from Mumbai, Maharashtra. It was founded in 2008 and is owned by the prestigious Indian conglomerate Reliance Industries. It holds a 100% stake in its subsidiary – India Win Sports. The team has established itself as one of the most successful franchises in the history of the Indian Premier League (IPL) tournament, having won the championship title five times. The team’s impressive track record is attributed to the hard work and dedication of its players, coaches, and support staff, who have strived to maintain its high standards and reputation over the years.
In addition to its on-field success, the Mumbai Indians franchise has recently witnessed a significant increase in its brand value. According to reports, the team’s brand value has seen a 5% surge compared to the previous year, and it currently stands at an impressive Rs 725 Crores. This remarkable increase is a testament to the team’s widespread popularity and ability to attract and retain loyal fans. The Mumbai Indians franchise is undoubtedly one of the most valuable and sought-after franchises in the IPL tournament, and it continues to inspire and entertain cricket enthusiasts across the globe.
Nitin Konde
Chennai Super Kings
| Team | Chennai Super Kings |
|---|---|
| Owner | India Cements |
| Value | INR 672 crore |
Chennai Super Kings (CSK) is a professional cricket team representing Chennai in the Indian Premier League (IPL). The team was founded in 2008 and has since become one of the most successful franchises in the IPL. They play their home matches at the M. A. Chidambaram Stadium in Chennai, which has a seating capacity of 50,000.
India Cements owns the team through its subsidiary, Chennai Super Kings Cricket Limited. CSK has won five IPL titles, which they share with the Mumbai Indians. They have also appeared in a record ten finals and have qualified for the playoffs 12 times out of the 14 seasons they have played, which is more than any other team. In 2023, CSK won their fifth IPL title in a thrilling match against the Gujarat Titans. Ravindra Jadeja played a crucial role in the final, hitting a six and a four off the final two balls to help the team clinch victory. This record-breaking win was a testament to the team’s resilience, determination, and skill.
CSK’s brand value has consistently increased yearly, with a 9% increase in the latest season. The team’s popularity results from its consistent performance on the field and strong leadership, with MS Dhoni captaining it for several seasons.
Regarding sponsorship, CSK landed a lucrative deal with Etihad Airways for the 2024 season, a testament to the team’s brand value and popularity. With a strong team and a loyal fan base, CSK is one of the most respected and successful franchises in the IPL.
Kolkata Knight Riders
| Team | Kolkata Knight Riders |
|---|---|
| Owner | Shah Rukh Khan, Juhi Chawla, Jay Mehta, and Red Chillies Entertainment |
| Value | INR 655 crore |
The Kolkata Knight Riders (KKR) are a professional cricket team representing the city of Kolkata in the Indian Premier League (IPL). Famous Bollywood actor Shah Rukh Khan owns the franchise and has a rich history of success in the IPL. Over the years, KKR has developed many rivalries with other teams due to their consistent performances in the tournament.
The Knight Riders play their home matches at the iconic Eden Gardens, which the Cricket Association of Bengal owns. The stadium has a seating capacity of over 66,000 and is known for its electrifying atmosphere during KKR matches. Despite their last IPL win in 2014, the KKR brand value remains solid due to their passionate and loyal fan base. The team’s past success, combined with their star-studded lineup and aggressive playing style, has made them one of the most exciting teams to watch in the IPL.
Royal Challengers Bangalore
| Team | Royal Challengers Bangalore |
|---|---|
| Owner | United Spirits Limited |
| Value | INR 582 crore |
Royal Challengers Bangalore (RCB) is a professional cricket team based in Bengaluru, India, and one of the franchises participating in the Indian Premier League (IPL). United Spirits Limited, a subsidiary of the Diageo Group, owns the team. It is known for its #PlayBold philosophy, which reflects its spirit on and off the field. The team’s motto, “Defeats don’t defeat us; the Challenger Spirit keeps us alive,” represents the players’ and fans’ never-give-up attitude.
Despite not winning an IPL title yet, the Royal Challengers Bangalore is one of the league’s most popular and successful teams. The team has a massive and dedicated fan base that extends globally, and they are known for their passionate support for the team. One of the reasons behind the team’s enormous popularity is the presence of the Indian cricket team player, Virat Kohli, who is also the captain of RCB.
In 2023, the team announced a three-year partnership with Qatar Airways, a significant milestone for the team and the league. This partnership will not only boost the team’s profile but also help expand the reach of the IPL globally.
Gujarat Titans
| Team | Gujarat Titans |
|---|---|
| Owner | CVC Capital Partners |
| Value | INR 545 crore |
Established in 2021, Gujarat Titans is a professional cricket franchise that participates in the Indian Premier League (IPL). The team is based in Gujarat and plays its home matches at the world-renowned Narendra Modi Stadium in Motera. CVC Capital Partners, a leading global private equity firm, owns the franchise.
The team is led by the talented and promising batsman Shubman Gill, who has been instrumental in guiding the team to success. In the 2022 season, under the captaincy of all-rounder Hardik Pandya, the team emerged victorious by clinching their maiden IPL title in their debut season. The achievement was a testament to the team’s hard work, dedication, and excellent teamwork. The team’s home ground is the Narendra Modi Stadium, which boasts state-of-the-art facilities and a seating capacity of over 100,000. Located in Motera, Gujarat, the stadium is one of the largest cricket stadiums in the world and has hosted several high-profile cricket matches.
Gujarat Titans have been a force to reckon with in the IPL, having enjoyed a 38% increase in brand value since last year. They have captured the imagination of cricket fans with their attacking play style and earned a reputation for being a formidable team.
Nadeesh Kareemdathil
Delhi Capitals
| Team | Delhi Capitals |
|---|---|
| Owner | JSW Sports and GMR Sports |
| Value | INR 537 crore |
Delhi Capitals (formerly Delhi Daredevils) are a professional franchise cricket team based in Delhi. The GMR Group and the JSW Sports jointly own the franchise. Delhi Capitals, previously known as Delhi Daredevils, is a professional cricket team representing the city of Delhi in the Indian Premier League (IPL). The GMR Group and JSW Sports jointly own the franchise. The team is captained by Rishabh Pant and coached by the legendary Australian cricketer Ricky Ponting.
The Capitals made their first-ever IPL final appearance in 2020, facing the Mumbai Indians. Although they couldn’t emerge victorious, their impressive performance and fighting spirit won them many fans nationwide. Despite having yet to win an IPL title, the Delhi Capitals have been one of the most consistent teams in the tournament in recent years. They have a strong core of talented players performing exceptionally well, and their resurgence has contributed significantly to their growth.
Regarding brand value, the Delhi Capitals’ value increased by 3% year-on-year, although they have slipped one place down to sixth in the rankings. However, their constantly improving performance and fan following suggest they are on the right track. The Delhi Capitals have also been successful in securing new sponsorships. For instance, NueGo, India’s leading intercity electric AC bus service from GreenCell Mobility, has collaborated with DC for the 2024 season.
Rajasthan Royals
| Team | Rajasthan Royals |
|---|---|
| Owner | The Royals Sports Group |
| Value | INR 521 crore |
Rajasthan Royals is a professional cricket team representing Jaipur in the Indian Premier League (IPL). The team was founded in 2008 as one of the initial eight franchises of the league and has since been a consistent participant in the tournament. The franchise has seen a steady 2% year-on-year increase in brand value, which is a testament to the team’s success and popularity among cricket fans in India and abroad.
With the upcoming season, Rajasthan Royals have an excellent opportunity to break their trophy drought and make a mark in the tournament. The team boasts plenty of talent in their squad, comprising some of the best players in the world of cricket. RR has extended its sponsorship deal with Luminous Power Technologies to strengthen its position ahead of IPL 2024. The team’s association with Luminous Power Technologies is a testament to the brand’s commitment to supporting sports and promoting a healthy and active lifestyle.
Sunrisers Hyderabad
| Team | Sunrisers Hyderabad |
|---|---|
| Owner | SUN Group |
| Value | INR 401 crore |
Sunrisers Hyderabad is a professional cricket team in the Indian Premier League (IPL). The franchise is based in Hyderabad, Telangana, and is owned by Kalanithi Maran of the SUN Group. The team was established in 2012 after the IPL terminated the Hyderabad-based Deccan Chargers.
Sunrisers made their IPL debut in 2013 and made an impressive start by reaching the playoffs in their first season. In 2016, the team won their maiden IPL title, defeating the Royal Challengers Bangalore by eight runs in the final. Since their title win, the team has qualified for the playoff stage of the tournament in every season. However, Sunrisers Hyderabad (SRH) is the only IPL franchise to see a year-on-year decline. Their brand value of 401 crore rupees is 1% lower than last year, and the franchise is looking to rectify their disappointing on-field performances this season.
Despite their struggles, SRH boasts of a talented squad, including arguably the best overseas pool of any team. The team’s principal sponsor for the 2024 IPL is FanCraze.
Lucknow Super Giants
| Team | Lucknow Super Giants |
|---|---|
| Owner | RPSG Group |
| Value | INR 392 crore |
Lucknow Super Giants (LSG) is a professional cricket team based in Lucknow, Uttar Pradesh, India. The franchise is owned by the RPSG Group, who also owned the Rising Pune Supergiant franchise in the Indian Premier League (IPL) between 2016 and 2017. LSG is captained by the talented Indian cricketer KL Rahul, who has been putting up an impressive performance in the IPL and is a critical player in the Indian national team.
Despite being ranked ninth in the tournament, the team has shown remarkable growth in its brand value, with a staggering 48% increase compared to the previous year. The franchise’s success can be attributed to its exceptional performance in the IPL, which has helped it gain a strong fan following. LSG has made two playoff appearances in their first two seasons, which is a commendable effort for a relatively new team. The team has a well-balanced squad, with some of its ranks’ best domestic and international players. LSG’s batting lineup is led by KL Rahul, one of the best batsmen in the world. It is supported by other talented players such as Mayank Agarwal, Chris Gayle, and Nicholas Pooran. The bowling attack is spearheaded by the experienced Australian pacer Nathan Coulter-Nile. It includes the likes of Mohammed Shami, Ravi Bishnoi, and Murugan Ashwin.
The franchise’s principal sponsor is My11Circle, a popular fantasy sports platform. The team has also partnered with other brands, such as Tata Motors, Jio, and Kotak Mahindra Bank, which has helped it increase its revenue streams. With a solid fan base and a talented team, LSG is poised to achieve even greater success in the future.
Nitin Konde
Punjab Kings
| Team | Punjab Kings |
|---|---|
| Owner | Mohit Burman, Ness Wadia, Preity Zinta, and Karan Paul |
| Value | INR 377 crore |
Punjab Kings (PBKS) is a professional franchise cricket team established in 2008 as Kings XI Punjab (KXIP) based in Mullanpur, Punjab. The franchise is jointly owned by Mohit Burman, Ness Wadia, Preity Zinta, and Karan Paul. The team has been playing its home matches at the PCA Stadium in Mullanpur. Still, since the 2010 season, they have also played some of their home matches at Dharamsala and Indore.
PBKS is a team that has been struggling to make a mark in the Indian Premier League (IPL), having not qualified for the playoffs since 2014, despite some close calls in recent seasons. The team has been performing well, but more is needed to take them to the playoffs. PBKS is looking forward to the 2024 season, hoping to turn things around and make it to the playoffs.
PBKS is currently ranked tenth in the IPL with a brand value of 377 Crore rupees, up 1% from last year. The team has a solid fan base, and their home matches are always well-attended. With a talented squad of players and a dedicated coaching staff, PBKS is determined to make a mark in the IPL and bring home the coveted trophy.
FAQs
Which is the most valuable IPL team in 2024?
Mumbai Indians with a brand value of INR 725 crores is the most valuable IPL team 2024.
Who is the owner of Gujarat Titans?
CVC Capital Partners is the owner of Gujarat Titans.
Which team’s value has a year-on-year decline?
Sunrisers Hyderabad (SRH) is the only IPL franchise to see a year-on-year decline. Their brand value of 401 crore rupees is 1% lower than last year, and the franchise is looking to rectify their disappointing on-field performances this season.
