Many of us are unfamiliar with the names of the IPL team owners. Here is a list of all of the IPL Team Owners, some of whom are celebrities, some of them are business leaders, and a few of the owners are large corporations that have brought the IPL teams to their respective cities. You might be wondering how IPL owners make money right? Every IPL team will have its brand sponsorships, prize money, ticket sales revenue, and merchandise sales all contribute to the IPL franchise profits. According to reports, BCCI retains almost 50% of match or franchise revenue, while the rest is distributed to franchises to manage. Aside from media revenue, IPL franchises derive a sizable portion of their income from brand sponsorships.
According to businessinsider.in/, the BCCI makes a lot of money by selling media rights to broadcasters and over-the-top (OTT) platforms. It deducts its share, and a large portion of its revenue is then distributed to the IPL teams. From IPL’s central contract revenue pool, each IPL franchise receives a guaranteed over 40% revenue share (a share of 48,000 crores for the next cycle). The season’s final winning team receives the largest share of BCCI profits (prize money of extra Rs 20 crores). Following the latest auction, the IPL value has increased by threefold to 48,000 crores, signifying that IPL franchises will receive a larger cut of profits from the BCCI. According to many reports, the average revenue of all IPL teams & owners’ net worth is expected to double over the next 3-4 years. Here we bring the list of IPL team owners for 2022:
List of all IPL Team Owners: IPL team owners name 2022
|IPL Teams 2022||IPL Team Owners 2022|
|RCB owner||United Spirits|
|Sunrisers Hyderabad owner||Kalanithi Maran, & Sun TV Network|
|Rajasthan Royals owner||Manoj Badale, & Lachlan Murdoch|
|Chennai Super Kings owner||Chennai Super Kings Cricket Ltd|
|Mumbai Indians owner||Mukesh Ambani, Nita Ambani, & Reliance Industries Limited|
|Punjab kings owner||Preity Zinta, Ness Wadia, Mohit Burman, & Karan Paul|
|Kolkata Knight Riders owner||Shah Rukh Khan, Juhi Chawla, Jay Mehta, & Red Chillies Entertainment|
|Delhi Capitals owner||GMR Group, JSW Group|
|Gujarat Titans owner||CVC Capital Partners|
|Lucknow Super Giants owner||Sanjeev Goenka|
RCB owner – United Spirits
In 2008, renowned businessman Vijay Mallya purchased Royal Challengers Bangalore, also known as RCB, which is an Indian Premier League cricket franchise based in Bengaluru. RCB is currently one of the world’s most popular IPL franchises owned by United Spirits Limited, which has the largest alcoholic beverage market allocation. Prathmesh Mishra, a senior executive, is currently the chairman of Royal Challengers Bangalore. Due to over debts, Vijay Mallya did not repay the bank debts of over Rs. 9000 crores, which he used to expand Kingfisher Airlines, and was thus involved in a major fraud. Vijay Mallya resigned as chairman of United Spirits ahead of the IPL 2016, with the parent company Diageo India paying him Rs. 550 crores.
Sunrisers Hyderabad owner – Kalanithi Maran, & Sun TV Network
Sunrisers Hyderabad (SRH) is an Indian Premier League (IPL) cricket team based in Hyderabad. Kalanithi Maran of the SUN Group owns the SRH franchise. SRH was formed in 2012, following the expiration of the Deccan Chargers. DC, who had competed in the IPL since its inception. Many of you may be thinking who is SRH kavya? Kavya Maran is the Sunrisers Hyderabad owner and the daughter of India’s well-known businessman and Sun Group chairman Kalanithi Maran. The brand value of the Sunrisers Hyderabad net worth 2022 team is expected to be around $59.6 million, which is a massive sum.
Rajasthan Royals owner – Manoj Badale, & Lachlan Murdoch
Rajasthan Royals is an IPL franchise based in Jaipur that competes in the Indian Premier League. RR was established in 2008 as one of the first eight IPL franchises. Manoj Badale owns over 65% of the Rajasthan Royals franchise and Emerging Media Pvt. Ltd, a market leader in the field of advertising. He is also a co-founder of technology and financial services companies. Lachlan Murdoch, a British-Australian businessman, and media beneficiary owns more than 15% of the franchise. He is News Corporation’s co-chairman, Fox Corporation’s executive chairman and CEO, and the founder of the Australian investment firm Illyria Pty Ltd. Shilpa Shetty and Raj Kundra became co-owners of the Rajasthan Royals. They purchased an 11.7% stake in the team in 2009. However, they sold their entire stake in 2015 after Raj Kundra was convicted of illegal betting on IPL matches by the Supreme Court of India.
Chennai Super Kings owner – Chennai Super Kings Cricket Ltd
Chennai Super Kings is an IPL team based in Chennai that was founded in 2008. The CSK was purchased by India Cements, a leading cement manufacturing company, in 2008. N Srinivasan, the managing director of India Cements, is also a former ICC chairman and BCCI president. In 2015, the Lodha Committee suspended CSK for two years due to match-fixing allegations. The key figure in the scandal was Gurunath Meiyappan, N Srinivasan’s son-in-law. N. Srinivasan and Gurunath Meiyappan were both barred from playing in the Indian Premier League. Chennai Super Kings’ ownership was then transferred to Chennai Super Kings Ltd, an India Cements subsidiary with eight directors. Chennai Super Kings’ net worth is expected to be USD 104 million in 2022.
Mumbai Indians owner – Mukesh Ambani, Nita Ambani, & Reliance Industries Limited
The Mumbai Indians are the most successful IPL team based in Mumbai. The Mumbai Indians franchise was founded in 2008 and is owned by Reliance Industries through its 100% subsidiary IndiaWin Sports. Mukesh Ambani, the chairman and managing director of Reliance Industries, is India’s richest person. The company oversees hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail, and Jio, India’s largest telecommunications service provider. MI is the richest IPL team in the league, with a market value of over Rs. 800 crores for the Mukesh Ambani-owned franchise.
Punjab kings owner – Preity Zinta, Ness Wadia, Mohit Burman, & Karan Paul
Punjab Kings (formerly Kings XI Punjab) is an IPL franchise that was founded in 2008. PBKS is owned jointly by Mohit Burman, Ness Wadia, Preity Zinta, and Karan Paul. Mohit Burman is a well-known Indian businessman. Ness Wadia is the managing director of Bombay Burmah Trading Corporation, a company that owns a majority stake in most of the Wadia Group’s subsidiaries, including Britannia Industries. Preity Zinta is a well-known Indian actress who is best known for her work in Hindi films. Karan Paul is the chairman of the Apeejay Surrendra Group, one of India’s largest privately held family businesses. Punjab Kings’ net worth in 2022 is more than Rs. 350 crores.
Kolkata Knight Riders owner – Shah Rukh Khan, Juhi Chawla, Jay Mehta, & Red Chillies Entertainment
The Kolkata Knight Riders franchise is owned by Bollywood actor Shah Rukh Khan, actress Juhi Chawla, Jay Mehta, and Red Chillies Entertainment. The KKR franchise has grown in popularity as a result of its celebrity owners and qualified for the IPL playoffs for the first time in 2011. Red Chillies Entertainment owns 55% of the KKR franchise in this joint venture, while the Mehta Group owns 45%. Gautam Gambhir led the Kolkata Knight Riders to IPL titles in 2012 and 2014. According to a Forbes article published in 2022, the Kolkata Knight Riders are valued at $1.1 billion.
Delhi Capitals owner – GMR Group, JSW Group
The Delhi Capitals (formerly the Delhi Daredevils) were purchased in 2008 by GMR Group, a multinational conglomerate that manages the country’s Infrastructure, Energy, and Airports businesses. The GMR Group was the sole owner of the franchise until 2017. The Delhi Capitals franchise is currently owned jointly by the GMR Group and the JSW Group. The JSW Group is also the primary sponsor of the Delhi Capitals. Since 2019, when JSW became a co-owner of the Delhi Capitals, the team has made the playoffs every season until 2021, according to some reports GMR sold a 50% stake in the Delhi Daredevils to JSW Sports in March 2018 for Rs. 550 crores.
Gujarat Titans owner – CVC Capital Partners
Gujarat Titans is an IPL new franchise based in Ahmedabad that was founded in 2021. CVC Capital Partners owns the franchise after winning the bid with an investment of Rs. 5,625 crores. Under Ashish Nehra’s coaching, Hardik Pandya led the team to their first IPL title in 2022. CVC Capital has a long history of investing in the sports industry. They own 11% of La Liga, one of Europe’s most popular football leagues in which Barcelona FC and Real Madrid compete. They previously made a substantial profit by selling their Formula One stake. In the last year, they took entry into cricket for the first time as the Indian Premier League.
Lucknow Super Giants owner – Sanjeev Goenka
Lucknow Super Giants, owned by RPSG Group Sanjeev Goenka, is the second team to make their debut in the Indian Premier League this season. LSG has appeared to have the most complete squad in the Indian Premier League this season. The KL Rahul-led side backed this up by consistently putting in strong performances. Sanjeev Goenka ended up winning the Lucknow franchise with an Rs. 7090 crore bid. The RPSG Group has a $7 billion asset base and a $4 billion revenue base, and its flagship company, CESC, supplies power to Kolkata, Noida, Bikaner, and Kota. The team held a name-choice competition, and the Lucknow Super Giants were chosen in January 2022.
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