The Indian Premier League (IPL) is a professional Twenty20 cricket league featuring eight teams representing different cities across India. In 2019, it was among the most-attended cricket leagues worldwide. The IPL’s brand value stood at ₹475 billion (US$6.7 billion (about $21 per person in the US), and over the past three to four years, the worth of IPL matches has grown by 35%, leading to high salaries for players. Up next, let’s explore the top 5 richest IPL teams and their net worth.
This segment offers all the details about the top five richest IPL teams and their net worth. Thus, if you want to bet on IPL teams with the highest financial power, keep reading!
Top 5 Richest IPL Teams and Their Net Worth
Cricket is one of the world’s most popular sports, generating significant revenue due to its widespread fan base and commercial appeal. The Indian Premier League (IPL) is a prime example of this, where each team and its players earn substantial amounts, making some of these franchises immensely valuable.
Moreover, you know, among these the most dangerous teams in IPL are famous for their terrifying on-field performance and high net worth. Moving forward, let’s delve into the details of the top five richest IPL teams and their net worth.
What is the Net Worth of IPL Teams?
Here we will dive into the net worth of IPL teams 2024 to understand their position financially. This table covers the supremacy of sponsorship deals, media rights, and materialistic victory on each team’s costing. By analyzing these factors, we gain insight into how much the net worth of each franchise is and what drives their economic impact in the league.
Team | Net Worth |
Mumbai Indians | $87 million |
Chennai Super Kings | $81 million |
Kolkata Knight Riders | $78.6 million |
Royal Challengers Bangalore | $69.8 million |
Delhi Capitals | $64.1 million |
Sunrisers Hyderabad | $ 48.2 million |
Gujarat Titans | $65.4 million |
Rajasthan Royals | $ 62.5 million |
Punjab Kings | $45.3 million |
Lucknow Super Giants | $47 million |
List of Richest IPL Team and their owners
1. Mumbai Indians Net Worth
The Mumbai Indians, established in 2008, stand as one of the most successful and affluent teams in the Indian Premier League (IPL). In 2017, they became the first franchise to surpass $100 million in brand value within the IPL. Their roster includes legendary players like Sachin Tendulkar, Ricky Ponting, and Lasith Malinga. With five IPL titles under their belt (2013, 2015, 2017, 2019, and 2020). Also, the great player Jasprit Bumrah of MI team is on the top list of the best bowling figure in IPL 2024.
2. Kolkata Knight Riders Net Worth
The Kolkata Knight Riders are the second most popular team in the IPL, largely because the franchise is owned by Bollywood superstar Shah Rukh Khan. This celebrity connection has boosted the team’s fame. In 2012, they won their first IPL title by defeating Chennai Super Kings in the final, and they repeated their victory in 2014. Their current net worth is Rs. 740 crore, making them the second richest team in the league. In 2020, they finished fifth in the standings, earning 14 points in 14 games.
Check Out: IPL Points Table
3. Royal Challengers Bangalore Net Worth
The Royal Challengers Bangalore, established in 2008, have not yet won an IPL title and often finish as runners-up, leading to their nickname “Underachievers.” However, they hold records for both the highest and lowest scores in IPL history. Despite not winning a championship, they remain the third wealthiest team in the IPL, with a market value of Rs. 697 crore.
4. Chennai Super Kings Net Worth
Chennai Super Kings, founded in 2008, faced a two-year suspension from the IPL starting in July 2015 due to the involvement of their owners in the 2013 IPL betting case. In their comeback season in 2018, they clinched the title. The team boasts renowned players like Mahendra Singh Dhoni and others, having won the IPL championship three times. With a brand value of Rs. 697 crores, they stand as one of the most successful teams in the Indian Premier League.
Check Out: CSK Lowest Score in IPL
5. Sunrisers Hyderabad Net Worth
Sunrisers Hyderabad, established in 2012, made their IPL debut in 2013 and secured their first title in 2016. Renowned for being one of the strongest bowling teams, they have cultivated a loyal fan base known as the Orange Army. The COVID-19 pandemic affected them, leading to a 4% dip in their net worth, which now stands at approximately $4.4 billion (around Rs. 498 crores). Despite these challenges, Sunrisers Hyderabad remains one of the most popular teams in the league.
Also Read About: Umpire Salary In IPL
Frequently Asked Questions
Q.1 Who is the wealthiest IPL team, and what is their net worth?
The Mumbai Indians are the richest IPL team, boasting a net worth of Rs. 803 crores (around $87 million). Their consistent on-field success, five IPL titles, and strong brand presence have helped them maintain this top position.
Q.2 What makes Kolkata Knight Riders so popular?
The Kolkata Knight Riders (KKR) enjoy widespread popularity largely because Bollywood superstar Shah Rukh Khan co-owns the team. Their two IPL championships (2012 and 2014) have also contributed to their strong fan following.
Q.3 Why are Royal Challengers Bangalore known as “Underachievers”?
Despite being one of the richest teams in the IPL, Royal Challengers Bangalore (RCB) have not yet won a championship. They often finish as runners-up, which has led to the “Underachievers” label, despite holding records for both the highest and lowest scores in IPL history.
Q.4What challenges did Chennai Super Kings face before their 2018 comeback?
Chennai Super Kings (CSK) were suspended from the IPL for two years starting in 2015 due to their owners’ involvement in a betting scandal. However, in their comeback season in 2018, they won the title, proving their resilience and maintaining their reputation as a successful team.
Q.5 How has the COVID-19 pandemic affected Sunrisers Hyderabad’s finances?
The COVID-19 pandemic negatively impacted Sunrisers Hyderabad, causing a 4% dip in their net worth. Despite this setback, their current value stands at around Rs. 498 crores ($48.2 million), and they continue to be among the most popular IPL teams.