Breaking NewsIPL 2023: Mumbai Indians Is The Most Valuable IPL Brand

IPL 2023: Mumbai Indians Is The Most Valuable IPL Brand

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According to a yearly assessment by Brand Finance, a brand valuation expert, the Indian Premier League (IPL) is continuing to gain in prowess, with its brand worth nearly doubling to $8.4 billion in 2022 from $4.7 billion in 2021.

With an increase of 4% from 2021 to $83 million, Mumbai Indians are still the most valued brand. According to the research, the new-media rights auction and the addition of two more clubs increased IPL’s brand worth.

Over time, franchises’ brand value has also increased dramatically. Since 2009, the growth rates for Kolkata Knight Riders, Chennai Super Kings, and Mumbai Indians have been 99, 89, and 82%, respectively.

Most valuable IPL teams in 2022

1. MI – USD 83 Million 

2. KKR – USD 76.8 Million 

3. CSK – USD 73.6 Million 

4. RCB – USD 68 Million 

5. DC – USD 62.4 Million 

6. RR – USD 61.3 Million 

7. SRH – USD 48.8 Million 

8. GT – USD 47.4 Million 

9. PBKS – USD 45 Million 

10. LSG – USD 31.8 Million

Also Read: IPL 2023 Auction: Star Sports Expert Panel List, Know The Name 

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