7 Most Valuable Teams In IPL 2022, According to Forbes
Last updated on October 7th, 2022 at 03:51 pm
There has been a substantial growth in the Indian Premier League’s wealth since its inception in 2008. The average worth of the eight teams in 2009, according to Forbes, was 67 million.
However, with the inclusion of two extra teams this year, the average has grown to $1.04 billion, a 24 percent increase.
Over the last 13 years, the IPL has grown at a pace of 10 percent, while the NFL has grown at a rate of 16 percent.
Let’s explore which are the 7 most valuable teams in IPL 2022, according to forbes.
The Mumbai Indians, who are backed by Reliance Industries Limited, is the highest valued team in the league, with a market capitalization of $1.3 billion.
They are expected to make $3.3 billion in revenue and $5.5 million in the first year.
The Chennai Super Kings, owned by India Cements, are ranked second on the ranking with a $1.15 billion valuation.
They are expected to produce $41.2 million in revenue and $14.8 million in operating income.
The Kolkata Knight Riders, owned by SRK and Juhi Chawla, are worth $1.1 billion. They are expected to produce $41.2 million in revenue and $14.1 million in operating income.
With a market capitalization of $1.075 billion, the newcomers Lucknow SuperGiants, controlled by the RP Sanjeev Goenka Group, is on 4th position in this list.
The GMR Group plus JSW Group’s Delhi Capitals is ranked fifth with an IPL valuation of $1.035 billion.
The Royal Challengers Bangalore, owned by United Breweries and valued at $1.025 billion, is in sixth place.
RCB team is followed by the Rajasthan Royals, who are sponsored by Emerging Media Ltd and have a $1 billion valuation.
These 7 teams are followed by Sunrisers Hyderabad, Punjab Kings, and Gujarat Titans, which have a market value of $970 million, $925 million & $850 million respectively.