Indian Premier League is a professional twenty20 cricket league, contested by eight teams which are from different cities of India. IPL is one of the most-attended cricket leagues in the world and in the year 2019 the brand value of IPL was ₹475 billion (US$6.7 billion) and the value of IPL matches get increasing in three to four years by 35% and the players are also paid high amount. Check Top 5 Richest IPL Teams.
Cricket is one of the most popular and huge sports that is played all over the world and we all know cricket is the only sport that earns more money as compare to any other it’s all about business and earning huge profits from it each team and players receive the different amount and below are some of the richest IPL team. So now let’s check out the complete details about the Top 5 Richest IPL Teams With Their Net Worth.
Top 5 Richest IPL Teams With Their Net Worth
1. Mumbai Indians
Mumbai Indians team which is founded in the year 2008 is one of the biggest and richest teams of the Indian Premier League (IPL) In the year 2017 Mumbai Indians became the first franchise to cross the $100 million mark in the brand value of IPL they are the highest amount all the IPL teams and their team also has some of the strong players in it like; Sachin Tendulkar, Ricky Ponting, Malinga, and many more others. The team has won 5 IPL titles in the years 2013, 2015, 2017, 2019, and 202 and their net worth currently stands for Rs. 803 crores and it will keep on growing more and more in upcoming years.
2. Kolkata Knight Riders
Kolkata Knight Riders are the second most famous team of IPL and its franchise is owned by one of the famous actors of Bollywood Shah Ruk Khan due to such a great celebrity the team has gained massive popularity. In 2012 they became the IPL champions by defeating Chennai Super Kings in the final and also in 2014 they won one again. Their team net worth is Rs. 740 crores they are the second-highest richest, also in 2020 they finished up in the fifth position with 14 points in 14 games.
3. Royal Challengers Bangalore
The Royal Challengers Banglore is founded in the year 2008 they have never won any single IPL match and always finish up as a runner-up and due to not performing well and actively they were given the title of “Underachievers” but the team holds the record of both highest and lowest totals in the IPL. Despite not winning any IPL, they are the third richest team of IPL with a market value of Rs. 697 crore.
4. Chennai Super Kings
Chennai Super Kings was founded in the year 2008, the team has served a two-year suspension from the IPL at the start of July 2015 due to the involvement of their owners in the 2013 IPL betting vase, and in their comeback season of 2018 they won a title, they’re team also has some famous personalities players like Mahendra Singh Dhoni and many more the team has won the title thrice. The brand value of the club is Rs.697 crores they are also one of the most successful teams in the Indian Premier League.
5. SunRisers Hydrebad
Sunrisers Hyderabad was founded in the year 2012 and they made their first IPL appearance in 2013 and in 2016 they won the match the team is known as one of the best bowling sides. Due to COVID-19 the pandemic situation everyone has faced a lot of problems so do Sunriser’s team had they had an impact on their net worth and it has been decreased by 4% their net value stands for US$4.4 billion which is approximately 498 crore. The team is one of the most popular teams and they have their fan case which is known as Orange Army.