IPL net worth: Check the net worth of all 10 teams in IPL 2023
Published on: Feb 23, 2023 1:56 pm IST|Updated on: Feb 23, 2023 1:56 pm IST
IPL net worth: The Indian Premier League (IPL) is one of the most popular and lucrative cricket leagues in the world, featuring the top players from around the globe. The league has grown rapidly in popularity and financial worth since its inception in 2008. Here is a rundown of the net worth of the 10 IPL teams.
IPL net worth of all teams
Check out the IPL net worth of all teams set to play in IPL 2023.
1. Mumbai Indians: The reigning IPL champions, Mumbai Indians, owned by Reliance Industries, tops the list with a net worth of $1.3 billion. They generate a revenue of $33 million and have an operating income of $5.5 million.
2. Chennai Super Kings: The IPL’s most successful team in terms of wins, Chennai Super Kings, owned by India Cements, has a net worth of $1.15 billion. The team generates a revenue of $41.2 million and has an operating income of $14.8 million.
Also Read: IPL 2023 Team Players List with Price
3. Kolkata Knight Riders: Co-owned by Bollywood superstar Shah Rukh Khan, Kolkata Knight Riders have a net worth of $1.1 billion. They generate a revenue of $41.2 million and have an operating income of $14.1 million.
4. Lucknow Super Giants: The newest franchise in the IPL, Lucknow Super Giants, owned by RP-Sanjiv Goenka Group, has a net worth of $1.075 billion. However, they have yet to generate any revenue or operating income, as they will make their debut in the IPL in 2023.
5. Delhi Capitals: Co-owned by GMR Group and JSW Group, Delhi Capitals have a net worth of $1.035 billion. They generate a revenue of $35.4 million and have an operating income of $8.3 million.
6. Royal Challengers Bangalore: Owned by United Breweries, Royal Challengers Bangalore has a net worth of $1.025 billion. They generate a revenue of $36.4 million and have an operating income of $9.7 million.
7. Rajasthan Royals: Co-owned by Emerging Media Ltd., Rajasthan Royals has a net worth of $1 billion. They generate a revenue of $31.7 million and have an operating income of $6.6 million.
8. SunRisers Hyderabad: Owned by Sun TV Network, SunRisers Hyderabad has a net worth of $970 million. They generate a revenue of $31.8 million and have an operating income of $3.2 million.
9. Punjab Kings: Co-owned by Mohit Burman, Ness Wadia, and PZNZ Media, Punjab Kings have a net worth of $925 million. They generate a revenue of $31.2 million and have an operating income of $9.8 million.
10. Gujarat Titans: The last team on the list is owned by CVC Capital Partners and has a net worth of $850 million. However, they have yet to generate any revenue or operating income, as they will make their debut in the IPL in 2024.
Also Read: SRH Captain: Sunrisers Hyderabad announced their skipper for IPL 2023. Check here
Conclusion:
The IPL is a multi-billion dollar enterprise, with each team worth hundreds of millions of dollars. The league’s success has been built on a combination of cricketing talent, entertainment, and commercial opportunities. The net worth of these IPL teams is a testament to the league’s ability to generate significant revenues and attract investors from around the world. As the league continues to grow in popularity and global reach, it is likely that the net worth of these IPL teams will continue to rise in the coming years.