Top 5 Richest IPL Teams

Richest top 5 IPL teams
IPL

Who are the Richest IPL teams? The biggest league in the world is the IPL. The biggest franchise cricket event in the world, featuring the top cricketers in the world, is made possible by its tremendous money.

The extravagant broadcasting and sponsorship deals that the IPL secures are what give it its grandeur. As a result, each IPL team now generates revenue from sponsors and digital rights even before the competition begins.

List of 5 Richest IPL Teams

No. Teams
1. Mumbai Indians
2. Kolkata Knight Riders
3. Royal Challengers Bangalore
4.Chennai Super Kings
5. Sunrisers Hyderabad

1. Richest IPL Teams – Mumbai Indians

1. Richest IPL Teams - Mumbai Indians

With five championships under their belt, the Mumbai Indians are the IPL’s most successful franchise. Mumbai Indians were the first IPL franchise in 2017 to surpass the $100 million brand value threshold. The Indian Premier League (IPL) team’s net worth is currently above 800 million rupees and they have won five championships in the last five years. In the following years, they are anticipated to win additional championships, increasing their net worth.

Mumbai Indians is a franchise cricket team that participates in the Indian Premier League and is based in Mumbai, Maharashtra. The team, which was established in 2008, is owned by Reliance Industries, the largest conglomerate in India, through its wholly owned subsidiary IndiaWin Sports. The team has played its home games at Mumbai’s 33,108-seat Wankhede Stadium ever since it was founded.

The Mumbai Indians were the first IPL franchise to surpass the $100 million brand value threshold in 2017. For the fourth year in a row, Mumbai Indians’ brand value is the highest of all IPL teams, expected to be about 809 crore (nearly $115 million) in 2019. Mumbai Indians defeated Royal Challengers Bangalore in the Champions League Twenty20 final by a score of 31 runs to claim the title. In 2013, the team won the IPL title by defeating the Chennai Super Kings by 23 runs in the championship game.

2. Richest IPL Teams – Chennai Super Kings

Richest IPL Teams - Chennai Super Kings

The Chennai Super Kings remain one of the wealthiest franchises in the competition after being suspended for two seasons, with a net worth of roughly $1.15 billion. Owned by N Srinivasan’s India Cements Limited, MS Dhoni’s team has made it to the playoffs 11 times and has won four IPL championships, which is second-most among teams that have played in fewer seasons. Chennai, Tamil Nadu, India is home to the franchise cricket team known as Chennai Super Kings.

The Indian Premier League is where they compete (IPL). The team, which was founded in 2008, holds home games at Chennai’s M. A. Chidambaram Stadium. India Cements is the team’s largest shareholder by Chennai Super Kings Cricket Ltd. Due to their owners’ involvement in the 2013 IPL betting case, the team was discarded from the IPL for two years beginning in July 2015.

In its comeback season in 2018, the team won the championship. Stephen Fleming is the team’s coach, and MS Dhoni serves as the team’s captain. As the winners of the 2021 IPL season, they are currently the reigning champions. The first unicorn sports company in India, CSK, was termed in January 2022.

3. Richest IPL Teams – Kolkata Knight Riders

Richest IPL Teams - Kolkata Knight Riders

Champs twice Shahrukh Khan, Juhi Chawla, and businessman Jay Mehta are co-owners of the Kolkata Knight Riders Cricket team. The Indian Premier League franchise cricket team for Kolkata is termed Kolkata Knight Riders. Bollywood actor Shah Rukh Khan, actress Juhi Chawla, and her husband Jay Mehta are the franchise’s owners.

At the renowned Eden Gardens stadium, the Knight Riders compete. The team initially qualified for the IPL playoffs in 2011, and as a result of its affiliation with famous owners, it has grown tremendously popular. By defeating Chennai Super Kings in the IPL final, they won the title in 2012. In 2014, they defeated Kings XI Punjab and accomplished the same feat. The greatest winning streak by an Indian T20 team belongs to the Knight Riders (14). Forbes estimates the Kolkata Knight Riders will be worth $1.1 billion in 2022.

Based on the Twenty20 style of the game, the Board of Control for Cricket in India (BCCI) established the cricket competition known as the Indian Premier League in 2007. The first tournament, which took place from April through June 2008, featured eight teams. Red Chillies Entertainment, a firm run by Bollywood star Shah Rukh Khan, along with actress Juhi Chawla and her husband Jay Mehta ultimately acquired the Kolkata squad for $75.09 million, or about 2.98 billion at the time.

4. Lucknow Super Giants

4. Lucknow Super Giants

The franchise cricket team Lucknow Super Giants (LSG) is located in Lucknow, Uttar Pradesh. In the Indian Premier League, they compete (IPL). In the year 2021, the Lucknow franchise was termed. Its main owner is Sanjeev Goenka. KL Rahul serves as the team’s captain, and Andy Flower is the head coach. Gautam Gambhir is the team’s coach. The Lucknow Super Giants made the playoffs in their first season.

The RPSG Group, which held the Rising Pune Supergiant franchise from 2016 to 2017, is the team’s owner. In Lucknow, Uttar Pradesh, at the BRSABV Ekana Cricket Stadium, this is where team’s home games occured.

For 7,090 crore, Sanjiv Goenka, owner of the RPSG Group, purchased the Franchise. On January 24, 2022, the Lucknow squad officially revealed their IPL 2022 name as “Lucknow Super Giants” on their official Twitter account. Before the mega-auction in 2022, the team decided to keep three players. KL Rahul, who served as India’s interim captain during their recent ODI series against South Africa, was the franchise’s first signing and cost them 17 crore.

Prior to the 2022 auction, teenage leg-spinner Ravi Bishnoi was termed for 4 crore. When leg-spinner Marcus Stoinis was termed for 9.2 crore. Prior to the auction, they had 59.8 crores left after selecting three players.

5. Delhi Capitals

5. Delhi  Capitals

A franchise cricket team in the Indian Premier League termed the Delhi Capitals. Which was formerly termed as the Delhi Daredevils) is situated in Delhi (IPL). The GMR Group and the JSW Group both control a portion of the franchise. The team plays its home games at Arun Jaitley Stadium in New Delhi. Ricky Ponting is the team’s coach, and Rishabh Pant serves as the team’s captain. In 2020, The Capitals made their debut in an IPL championship game.

The Board of Control for Cricket in India (BCCI) and the International Cricket Council support the IPL, a cricket league (ICC). The first tournament was played between April and June 2008, and the BCCI selected the eight teams that will compete. Eight different Indian cities were represented by the teams, including Delhi. On February 20, 2008, the teams were auctioned off in Mumbai, and the Delhi squad was purchased for US$84 million by the real estate development firm GMR Group.

GMR sold JSW Sports a 50% share in the Delhi Daredevils in March 2018 for 550 crore (US$72 million). The Delhi Capitals replaced the Delhi Daredevils as the team’s name in December 2018.

Conclusion

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Category: IPL