Most Valued IPL Franchises in 2024: The Indian Premier League (IPL) isn’t just a cricket tournament; it’s a global brand and a financial powerhouse. With a current business valuation of $16.4 billion (₹1,35,000 crore) in 2024, the IPL’s influence extends far beyond the cricket field. From dazzling on field performances to unrivaled fan engagement and booming social media presence, several factors contribute to the financial rankings of IPL franchises.
Let’s have a look into more details: Top 10 Most Valued IPL Franchises in 2024
| IPL Team | 2023 Value | 2024 Value | % Surge |
|---|---|---|---|
| CSK | $212M | $231M | +9.0% |
| RCB | $195M | $227M | +16.4% |
| KKR | $181M | $216M | +19.3% |
| MI | $190M | $204M | +7.4% |
| RR | $120M | $133M | +10.8% |
| SRH | $128M | $132M | +3.1% |
| DC | $133M | $131M | -1.5% |
| GT | $120M | $124M | +3.3% |
| PBKS | $90M | $101M | +12.2% |
| LSG | $83M | $91M | +9.6% |
1. Chennai Super Kings (CSK) – $231 Million
Chennai Super Kings continue to rule the roost as the most valuable IPL franchise with a brand value of $231 million, reflecting a 9% growth from last year. Despite not making the playoffs in 2024, CSK’s consistency, passionate fan base, and shrewd marketing strategies keep it at the pinnacle. The franchise’s appeal is not just regional but global, bolstered by legendary players like MS Dhoni and its robust performance history.
2. Royal Challengers Bangalore (RCB) – $227 Million
Royal Challengers Bangalore, with its brand value soaring to $227 million, ranks a close second. RCB’s immense popularity, partly due to cricketing megastar Virat Kohli, strategic marketing, and a loyal fan base, plays a significant role in its financial prowess. Despite lacking an IPL title, RCB’s brand strength and commercial appeal are undeniable.
3. Kolkata Knight Riders (KKR) – $216 Million
Kolkata Knight Riders have seen the highest growth in 2024, with a brand value surge of 19.3% to $216 million. Fresh off their third IPL title, KKR’s valuation has been boosted by their success on the field and their strong entertainment centric branding, thanks to the ownership of Bollywood superstar Shah Rukh Khan. The team’s blend of sports and entertainment makes them a compelling brand globally.
4. Mumbai Indians (MI) – $204 Million
Mumbai Indians, despite their rich history with five IPL titles, rank fourth with a brand value of $204 million. Their performance dip since 2021 and the evolving competition landscape might contribute to their current position. Nevertheless, MI’s strategic player trades, including the return of Hardik Pandya, and their strong fan engagement strategies continue to make them one of the most formidable franchises in IPL history.
5. Rajasthan Royals (RR) – $133 Million
Rajasthan Royals, valued at $133 million, have shown a steady growth of 10.8%. RR’s focus on nurturing young talent and innovative marketing campaigns resonate well with fans.
6. Sunrisers Hyderabad (SRH) – $132 Million
Sunrisers Hyderabad secure the fifth spot with a valuation of $132 million. SRH’s consistent performances and strategic marketing efforts have solidified their position among the top franchises. Known for their strong bowling lineup and a dedicated fan base, SRH’s brand value reflects their stability and appeal in the IPL ecosystem.
7. Delhi Capitals (DC) – $131 Million
Delhi Capitals, with a brand value of $131 million, have experienced a slight dip of 1.5% this year. DC’s dynamic team composition and strategic branding initiatives have positioned them as a strong contender in the IPL.
8. Gujarat Titans (GT) – $124 Million
Gujarat Titans, the relatively new entrant in the IPL, continue to grow with a valuation of $124 million, up by 3.3%. GT’s quick rise in brand value is a testament to their on field performances and strategic management. Their ability to attract sponsorships and create a unique identity in a short span underscores their potential in the IPL landscape.
9. Punjab Kings (PBKS) – $101 Million
Punjab Kings, with a valuation of $101 million, have witnessed a healthy 12.2% growth. PBKS’s vibrant branding and active social media presence contribute significantly to their value. Their performance on the field may be inconsistent, but their brand remains strong due to their engaging fan interactions and creative marketing strategies.
10. Lucknow Super Giants (LSG) – $91 Million
Lucknow Super Giants, the latest addition to the IPL family, round out the top 10 with a brand value of $91 million, reflecting a 9.6% increase. LSG’s strategic moves and strong initial performances have helped them carve a niche in the competitive IPL market. Their focus on building a robust team and engaging with fans has laid a solid foundation for future growth.
As the IPL continues to grow, the valuation of these franchises underscores the league’s position as a premier sports entity globally, blending the thrill of cricket with robust commercial success.
Read more : Kush Maini’s F1 Dream: Indian Racer Takes Big Step with Alpine Test
