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October 3, 2024
Here, we present the list of the top five wealthiest teams in the Indian Premier League (IPL). These teams exemplify class and highlight their significant earning potential. The IPL is not just a sporting event; it’s a global phenomenon that merges thrilling cricket with unparalleled financial influence. The spectacle revolves around the ten IPL franchises, more than mere sports clubs—they are potent brands backed by millions of fans capable of generating substantial revenue. But which franchise ranks as the wealthiest? Let’s delve into the financial strength, brand value, and factors contributing to the success of the wealthiest IPL teams.
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The Mumbai Indians are the richest team in the IPL, with a net worth of $87 million (Rs 803 crore). They are closely followed by the Chennai Super Kings, who are valued at $81 million (Rs 594 crore).
Now, let’s discuss the top five wealthiest teams in the IPL 2024 and their net worth. The Indian Premier League (IPL) has transformed cricket into a dazzling showcase of athleticism and financial prowess. What was once a beloved sport has evolved into a competitive business where franchises vie for wealth and recognition. Today, we’ll explore the finances of the top five richest IPL teams and some background on their success stories.
The Mumbai Indians, a dominant force in the IPL, hold the title of the team with the highest net worth. Owned by IndiaWin Sports Private Limited, a subsidiary of Reliance Industries led by Indian business tycoon Mukesh Ambani, the franchise has seen its net worth estimated at $87 million (approximately Rs. 803 crore) since its inception in 2008. This remarkable figure makes them one of the wealthiest teams. It establishes their financial supremacy among all clubs in the league. With five IPL titles to their name, a feat many franchises have yet to achieve, they earned the nickname ‘baap of IPL’ (father of IPL).
Legendary players like Sachin Tendulkar, Ricky Ponting, Lasith Malinga, and current captain Rohit Sharma have donned their iconic blue jerseys, reinforcing their status as one of cricket’s most successful franchises. Their achievements extend beyond the field, as they enjoy immense popularity off the pitch, thanks to their substantial brand value and strategic acquisitions, which keep them at the forefront of the IPL’s financial landscape. Hence, they deserve the title of the wealthiest team in the league.
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Kolkata Knight Riders (KKR) are known for their cricketing prowess and association with Bollywood royalty, notably Shah Rukh Khan. SRK captivates fans on-screen and in the stands as he cheers for his team alongside co-owner Juhi Chawla, a renowned actress.
Founded during the 2008 season, KKR has amassed a net worth of approximately Rs 740 crore ($78.6 million), contributing to their success in securing two IPL trophies in the 2012 and 2014 editions. Their passionate fan base unites to elevate the franchise to the second position on our list. With a keen understanding of media rights, KKR stands out as one of the wealthiest cricket teams.
Royal Challengers Bangalore (RCB), established in 2008, has been a consistent IPL presence since its inception. They are one of the wealthiest teams in the league, boasting a net worth of $69.8 million (Rs 697 crore). However, despite their financial strength, RCB has yet to win the IPL title, earning them the label of “underachievers.” The team has consistently featured some of cricket’s biggest stars, including former captain Virat Kohli.
Their financial stability is bolstered by a dedicated fanbase and sponsorship from United Spirits Limited (USL), one of India’s leading beverage companies. Although they have reached the finals several times, they have yet to secure a championship victory. Nevertheless, RCB is cherished by its fans and holds a special place in IPL history, often called the ‘kings of IPL.’
Even after all these years, RCB remains a formidable force on and off the field despite lacking the glory of a trophy. They continue to be one of the wealthiest teams competing in the tournament.
Claiming the fourth position is the Chennai Super Kings (CSK), another franchise established in 2008 that has emerged as one of the most successful teams in IPL history. Formerly led by MS Dhoni, CSK has secured five IPL titles, more than any other team.
The franchise faced significant challenges when it was embroiled in a betting controversy that sidelined it for two seasons. However, it made a remarkable comeback, demonstrating its resilience and strength. Despite being among the top five wealthiest teams in the IPL, CSK is often humorously called a ‘bhikari’ team (beggar team).
With a net worth of $81 million (Rs 697 crore) and backing from India Cements Limited, CSK has proven its value over the years. Their brand value continues to thrive, much like other franchises in the Indian Premier League. Undoubtedly, they remain one of the wealthiest teams in the game.
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Sunrisers Hyderabad (SRH), established in 2012, ranks fifth on our list of the wealthiest IPL franchises. Owned by media mogul Kalanithi Maran of the Sun Network, SRH boasts a net worth of $48.2 million (approximately Rs. 498 crores).
Though they have secured only one IPL trophy, which came in 2016, SRH is renowned for its formidable bowling attack. Their passionate fanbase, the “Orange Army,” adds to the team’s appeal. However, the COVID-19 pandemic hurt their net worth, underscoring the external challenges that can impact a team’s finances.
These are the top five richest IPL teams based on net worth. In terms of the ten wealthiest franchises in IPL history, other notable teams include Kings XI Punjab, Lucknow Super Giants, Punjab Kings, Rajasthan Royals, Gujarat Titans, and Delhi Capitals—all of which rank among the wealthiest teams in the league.
Who owns RCB?
RCB is owned by United Spirits Limited, a Bengaluru-based beverage alcohol company.
Is RCB the richest IPL team?
No, RCB is not the wealthiest IPL team. As of the 2024 IPL season, they rank as the fourth richest team, with a net worth of $69.8 million.
Who owns the Rajasthan Royals?
The Rajasthan Royals are owned by Manoj Badale, a British businessman of Indian descent.
Who owns the Gujarat Titans?
CVC Capital Partners, a global investment firm, owns the Gujarat Titans.
Who owns the Lucknow Super Giants?
The Lucknow Super Giants are owned by the RPSG Group, an Indian conglomerate.
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Katarzyna Nowak is a seasoned writer with over five years of experience in editorial content, news reporting, and cricket sportsbook app reviews. As an author for IPLWin365 (IPL365 News), she combines her deep understanding of the sports betting industry with a passion for cricket, delivering insightful and accurate content that keeps readers informed and engaged.
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