IPL 2022 is going to be a totally different wan as 10 things will be completing each other for the first time ever. The journey of the Indian Premier League started in 2008 and it has reached all kinds of incredible milestones within these 13 years. When IPL started back in 2008 the combined cost of eight franchises was rupees 3000 crore. And in the most recent news of IPL, two new teams got sold at rupees 12715 crores. The difference between these 13 years is 17 times more than the cost of the beginning. The value of the IPL franchises is different from team to team. And this is a detailed list of the value of the IPL Franchises from 2008 to the present.
It seems like Mumbai Indians have a knack for being at the top of everything. The five-time IPL champions have not only won IPL the most number of times but also have the highest brand value among all the teams. The owner of the team is none other than India’s richest man, Mukesh Ambani. At the moment Mumbai Indians’ brand value is Rs 761 crore. According to a report by Cricbuzz, the team is going to cost around Rs 2700-2780 crores.
Royal Challengers Bangalore
Since the beginning of IPL, Royal Challengers Bangalore always had a star-studded lineup. With a brand value of Rs 536 crore, RCB has the fourth-highest value team in IPL. For a very long time, the captain of the team was Virat Kohli. He showed some of his career’s best performance during his captaincy but unfortunately, he decided to step down as the skipper from the next season.
Deccan Chargers, based in the city of Hyderabad, is one of the 8 teams from the inaugural edition of IPL. Deccan Chargers lifted their maiden IPL trophy in IPL 2009. Unfortunately, the team washed out of existence in 2012. The brand value of the team was Rs 428 crores.
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Chennai Super Kings
Next up on this list, the four-time winner of the IPL title Chennai Super Kings. The franchise’s brand value is the second highest at the moment with Rs 611 crore. Their team not only has the second-highest brand value but also the second most successful team of IPL. One of the most pivotal members behind the immense success of CSK is none other than the captain Mahendra Singh Dhoni.
Earlier known as Delhi Daredevils, the team’s brand value decreased by Rs 4 crore. At the moment Delhi Capitals’ brand value is Rs 370 crore which is Rs 4 crore lesser than 2019. The team played extraordinarily in the last two seasons. Unfortunately, they have not won the trophy a single time yet.
Punjab Kings, previously known as Kings XI Punjab, has a brand value of Rs 318 crore. Their value fell off by 11% in 2020. The team has not registered a win in the Indian Premier League yet.
Kolkata Knight Riders
The franchise with the third-highest brand value is the 2-times winner Kolkata Knight Riders. At the moment, the brand value of KKR is Rs 543 crore. It is expected that SRK owned team may cost more than Rs 4000 crore next year. With such a humongous amount, KKR might become the most valued team of IPL.
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Rajasthan Royals is the winner of the inaugural edition of the Indian Premier League. They started their IPL journey with a bang and won 2008 IPL. But slowly their team started performing bad and everything underwent. At the moment Rajasthan Royals’ brand value is the lowest in comparison to the other franchises. According to a brand valuation report 2021 by Duff and Phelps, the brand value of Rajasthan Royals is Rs 249 crore. On the other hand, Cricbuzz says that the team’s brand value is Rs 1855 crores. Moreover both the amount is the lowest than the other existing IPL teams.
Kochi Tuskers Kerala
With a brand value of Rs 1533 crores, Kochi Tuskers Kerala started its journey of IPL in 2011. It was one of the 2 teams that joined IPL in 2011 with Pune Warriors India.
Pune Warriors India
The second franchise to join the Indian Premier League in 2011 is Pune Warriors India. The team had some great cricketers like Sourav Ganguly, Yuvraj Singh, Steve Smith, Manish Pandey, and many more. In 2013, the team dissolved from IPL.
CVC Capital for Ahmedabad
CVC Captial, a private equity fund, is the owner of the new Ahmedabad franchise in IPL. It is the newest addition to IPL 2022. The company brought the team for Rs 5625 crore. There has been a lot of hype around this team. The reason behind this is their home ground, the Narendra Modi Stadium in Ahmedabad.
RP-SG Group for Lucknow
The second franchise to join IPL 2022 is the Lucknow franchise. Sanjiv Goenka-led RP-SG is the owner of the franchise and he ought it for Rs 7090 crores. This is the first time that a franchise from Lucknow will be playing in the IPL. This city will definitely increase the support of IPL with the city’s vast population.