Mumbai, August 01, 2024
The Indian Premier League is more like a cricketing festival celebrated yearly. Ten teams from different parts of India play their hearts out in a super exciting competition, aiming to claim the glory.
Thanks to everything the league has to offer, the IPL isn’t just loved in the subcontinent. It’s a global sensation, one of the most-watched sports leagues worldwide.
Besides the incredible cricketing action, money also plays a big role in this globally acclaimed league. In this guide, we will uncover some of the financial secrets. Read and know about the richest IPL team in the world.
Table of Contents
Richest Cricket Team in the IPL: Factors That Contribute Towards Our Final Ranking
In determining the richest team in the IPL, it’s essential to consider various factors that define their financial status. Each team’s financial situation can differ due to multiple reasons. We’re levelling the playing field by focusing solely on Brand Value to ensure a fair and authentic ranking.
Brand Value gives us a clear picture of the financial strength of each team. That, too, without getting into complicated details. It’s like comparing apples to apples.
Just a heads up for our readers: These rankings are based on where the brand value of teams stands after the 2024 season. Hence, the rankings might shuffle in the future, especially after the next Indian Premier League edition.
Who Is the Richest Team in IPL: Complete Ranking As of 2024
Mumbai Indians ($87 million)
- Team Manager: Prashant Jangam
- Top Partners: Slice, DHL, IDFC First Bank, Astral Pipes, Reliance Jio, Celio, Chupps, Cybeart, EUME, FanCode, etc.
In the first position, we find Mukesh Ambani’s Mumbai Indians. With an incredible collection of 5 Indian Premier League trophies, Mumbai Indians stand out as one of the most successful teams in the league, and this success extends to their financial game. The first richest team, Mumbai Indians, holds a remarkable brand valuation of $ 87 million, and there’s anticipation for it to climb even higher in the coming year.
Chennai Super Kings ($81 million)
- CEO: Kasi Viswanathan
- Top Partners: TVS Eurogrip, India Cements, Gulf Oil, ICICI Bank, Fan Craze, Coca-Cola, etc.
Chennai Super Kings, aka CSK, sits at the second position of the ladder as the richest team in the IPL. With a brand valuation of around $81 million, they’re the richest team after Mumbai Indians. CSK doesn’t just shine in the financial game; they’re also champions on the cricket field, boasting an impressive 5 Indian Premier League titles to their name. That makes CSK one of the best teams in IPL.
Kolkata Knight Riders ($78.6 million)
- CEO: Venky Mysore
- Top Partners: MyFAB11, BKT, LUX Cozi, JOY Beautiful By Nature, Money 9, JIO, ACKO, etc.
The third spot belongs to SRK’s Kolkata Knight Riders. Owned by the well-known Bollywood production company Red Chillies Entertainment, the team valuation stands at $78.6 million, which is just a few million shy from the top standings. Thanks to how KKR has been performing lately on and off the field, it won’t be a surprise to see them in the top two by the end of the upcoming season.
Royal Challengers Bangalore ($69.8 million)
- Chairman: Prathamesh Mishra
- Top Partners: Qatar Airways, KEI Wires and Cables, Happilo, Reliance JIO, PUMA, Hindware Italian Collection, Boat, etc.
At number four, we’ve got Prathamesh Mishra’s Royal Challengers Bangalore. Although they’re yet to win their first IPL trophy, RCB doesn’t lack in finances or fan-following. As of 2024, the brand valuation stands at a whopping $69.8 million. No doubt, the presence of the modern-day great Virat Kohli has a major role to play in it.
Gujarat Titans ($65.4 million)
- CEO: Arvinder Singh
- Top Partners: JIO, Astral Pipes, Simpolo Ceramics, ACKO, Equitas, Times, Rayzon Solar, etc.
Securing the sixth position, we have the emerging sensation, Gujarat Titans. Despite only three years in the league, this team has swiftly climbed the ladder of success. They made a spectacular debut by clinching the title in their first season and followed up as runners-up in the next. The Gujarat Titans have amassed an approximately $65.4 million valuation, proving that they are not just a regular contestant but a formidable force in the IPL.
Delhi Capitals ($64.1 million)
- Team Manager: Siddharth Bhasin
- Top Partners: GMR, Royal Stag, JIO, JBL, Zed Black, Mahindra, Galaxy Basmati Rice, etc.
Taking the fifth spot is the Delhi Capitals, with a team valuation of $64.1 million. A significant shift in ownership played a crucial role in this valuation. In March 2018, GMR sold a 50% stake to JSW Sports in millions. Notably, recent endorsement deals have also contributed to the team’s financial standing.
Rajasthan Royals ($62.5 million)
- CEO: Jake Lush McCrum
- Top Partners: Fancraze, Dream11, Royal Challengers Bangalore Package Drinking Water, Mahindra, Deakin University, Fino Payments Bank, Dettol, Schneider Electric, etc.
The eighth spot belongs to the winner of the inaugural IPL season (2008), the Rajasthan Royals. Jointly owned by Manoj Badale and The Royals Sports Group, the team’s current valuation touches $62.5 million. With the new season approaching, you can expect a significant shift in this number.
Sunrisers Hyderabad ($48.2 million)
- CEO: Kaviya Kalanithi Maran
- Top Partners: BKT, KUHL Stylish Fans, JIO, TCL, Dream11, EBIX Cash, etc.
Sunrisers Hyderabad, valued at $48.2 million, is owned by Kalanithi Maran of the SUN Group. The team, formerly the Deccan Chargers, clinched their first IPL title in 2016. Under the new organization, Sunrisers Hyderabad continues to shine in the IPL, showcasing considerable financial growth.
Lucknow Super Giants ($47 million)
- CEO: Vinod Bisht
- Top Partners: My11Circle, Shyam Steel, Green Ply, JIO, VIDA, Bond Tite Adhesives, TOO YUMM, etc.
Lucknow Supergiants, valued at $47 million, claim the ninth spot in the list of IPL’s richest teams. Much like Gujarat Titans, they are a recent addition to the league, having only three years under their belt. Despite their short stint, their performance suggests a promising future, and it won’t be surprising to see them climb higher on this list in the upcoming seasons.
Punjab Kings ($45.3 million)
- CEO: Satish Menon
- Top Partners: BKT, Lotus Herbals, Reliance JIO, Oasis All Seasons, Dream11. Hindware Home Innovation Limited, etc.
With a value of $45.3 million, Punjab Kings hold the tenth position in the list of the richest IPL teams. Initially known as Kings XI Punjab (KXIP), the team was formed in 2008. Today, the team is popular as Punjab Kings and is jointly owned by Mohit Burman, Ness Wadia, Preity Zinta, and Karan Paul.
Summary
In this comprehensive guide on IPL, we’ve explored the financial landscape of each participating team. If you’ve read it this far, you already know “who is the richest team in IPL!”
Understanding the financial side is crucial, not only for the love of the game but also for betting activities. Knowing the financial strength can provide valuable insights into its potential performance, eventually taking you a step towards success.
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Richest IPL Teams FAQ
Which is the richest team in the Indian Premier League?
Mumbai Kings is the richest cricket team in the IPL, with a brand valuation of over $87 million.
Which is the richest team in IPL 2024?
Mumbai Indians is considered to be the richest IPL team in 2024.
Which team is the richest team in the IPL?
Mumbai, aka MI, is the most successful and richest team in the IPL.