Indian Head Lague is an expert T20 cricket association established by BCCI in 2007 while the primary release was played in 2008. It has a special window in the ICC Future Tours Program and typically occurs in March or May of each year.
In 2010, the Indian Premier League became the first sporting event to be streamed live on YouTube. According to Duff & Phelps, the IPL’s brand value in 2019 was 47,500 crore (US$6.3 billion).
Each team in the Indian Premier League is worth hundreds of millions of dollars, making it a multi-billion-dollar business. The cricketing talent, entertainment, and commercial opportunities that make up the league have all contributed to its success. These IPL teams’ wealth demonstrates the league’s ability to bring in a lot of money and attract investors from all over the world. It is likely that these IPL teams’ wealth will continue to rise in the coming years as the league continues to expand in popularity and global reach.
1. Mumbai Indians:
With a $1.3 billion net worth, Mumbai Indians, owned by Reliance Industries, the current champions of the Indian Premier League, lead the list. They have an operating income of $5.5 million and a revenue of $33 million. All owners of IPL teams: Reliance Industries, India’s largest conglomerate, owns MI through its 100 percent subsidiary, IndiaWin Sports, which was established in 2008. The Wankhede Stadium in Mumbai, which has a capacity of 33,108, has been the venue for the team’s home games ever since its inception.
2. Chennai Super Kings:
Chennai Super Kings, owned by India Cements, are the IPL’s most successful team in terms of wins. They have a $1.15 billion net worth. The team has an operating income of $14.8 million and a revenue of $41.2 million.
All owners of IPL teams: Chennai Super Kings, who have won four IPL titles, is arguably one of the most well-known teams in the league. They are right behind Mumbai Indians, who have won five IPL titles so far. In the IPL 2008 team competition, Chennai Super Kings is one of the eight teams sold.
3. Kolkata Knight Riders:
Kolkata Knight Riders are co-owned by Bollywood superstar Shah Rukh Khan and have a $1.1 billion net worth. They have an operating income of $14.1 million and a revenue of $41.2 million. All IPL Group Proprietors Name Rundown 2022: Juhi Chawla, her spouse Jay Mehta, and Bollywood actor Shah Rukh Khan own the franchise. Eden Gardens Stadium is where the Knight Riders play.
4. Lucknow Super Giants:
The most current establishment in the IPL, Lucknow Super Monsters, claimed by RP-Sanjiv Goenka Gathering, has a total assets of $1.075 billion. They will, however, make their debut in the Indian Premier League in 2023, so they have yet to generate any revenue or operating income.
All owners of IPL teams: One of the winners of the two IPL new team auctions that were held in Dubai on October 25, 2021, hosted by BCCI, RPSG Group of Sanjiv Goenka, won the bid war for a staggering 7090 crore (over 932 million USD). The BCCI’s base price of INR 2000 crores for the IPL team was 250% higher than the RPSG bid.
5. Delhi Capitals:
The most current establishment in the IPL, Lucknow Super Monsters, claimed by RP-Sanjiv Goenka Gathering, has a total assets of $1.075 billion. They will, however, make their debut in the Indian Premier League in 2023, so they have yet to generate any revenue or operating income.
All owners of IPL teams: One of the winners of the two IPL new team auctions that were held in Dubai on October 25, 2021, hosted by BCCI, RPSG Group of Sanjiv Goenka, won the bid war for a staggering 7090 crore (over 932 million USD). The BCCI’s base price of INR 2000 crores for the IPL team was 250% higher than the RPSG bid.
6. Royal Challengers Bangalore:
Royal Challengers Bangalore is owned by United Breweries and has a net worth of $1.025 billion. They produce an income of $36.4 million and have a working pay of $9.7 million.
All owners of IPL teams: It was established in 2008 by United Spirits and given the name Royal Challenge in honor of the company’s liquor brand. The M. Chinnaswamy Stadium has served as the venue for the team’s home games ever since its inception.
The Illustrious Challengers have always lost the IPL however wrapped sprinters up on three events somewhere in the range of 2009 and 2016. With 263/5 and 49, respectively, the team holds the IPL record for both highest and lowest totals.
7. Rajasthan Royals:
Rajasthan Royals is co-owned by Emerging Media Ltd. and has a $1 billion net worth. They have an operating income of $6.6 million and a revenue of $31.7 million.
All owners of IPL teams: Established in 2008 as one of the underlying eight IPL establishments, the group is based at the Sawai Mansingh Arena in Jaipur. The Royals are known to uncover dark, high possible ability, as well concerning their contribution in various discussions and outrages.
8. SunRisers Hyderabad:
Claimed by Sun Broadcasting company, SunRisers Hyderabad has a total assets of $970 million. They have an operating income of $3.2 million and a revenue of $31.8 million.
All IPL Group Proprietors: The franchise, which was established in 2012 following the IPL’s termination of the Hyderabad-based Deccan Chargers, is owned by Kalanithi Maran of the SUN Group. The 55,000-seat Rajiv Gandhi International Cricket Stadium in Hyderabad serves as their primary home field.
9. Punjab Kings:
Punjab Kings have a net worth of $925 million, and they are co-owned by PZNZ Media, Ness Wadia, and Mohit Burman. They create an income of $31.2 million and have a working pay of $9.8 million.
All owners of IPL teams: Mohit Burman, Ness Wadia, Preity Zinta, and Karan Paul own the Kings XI Punjab (KXIP) franchise, which was founded in 2008 and is jointly owned by the four of them.
The PCA Stadium in Mohali is where the team plays its home games. They have also been playing some of their home games at Dharamsala or Indore since 2010.
10. Gujarat Titans:
CVC Capital Partners owns the final team on the list, which has a net worth of $850 million. In any case, they still can’t seem to produce any income or working pay, as they will make their presentation in the IPL in 2024. All owners of IPL teams: For a staggering 5625 crores crore (over 692 million USD), CVC Capitals won the bidding war. The CVC Capitals’ offer for the IPL team was 160 percent higher than the BCCI’s base price.
CONCLUSION:
Each team in the Indian Premier League is worth hundreds of millions of dollars, making it a multi-billion-dollar business. The cricketing talent, entertainment, and commercial opportunities that make up the league have all contributed to its success. These IPL teams’ wealth demonstrates the league’s ability to bring in a lot of money and attract investors from all over the world. It is likely that these IPL teams’ wealth will continue to rise in the coming years as the league continues to expand in popularity and global reach.