Get Newsletter
Notification products, updates
×
×Notification products, updates
September 29, 2024
In this article, we’ll take a look at the top five richest IPL Team. These teams not only showcase their impressive wealth but also highlight their popularity and earning potential.
The IPL is more than just a cricket tournament; it’s a global phenomenon that combines thrilling matches with significant financial influence. The ten IPL franchises are not just sports teams; they are powerful brands with millions of passionate fans, allowing them to generate substantial revenue.
So, which franchise holds the title of the richest? Let’s explore the wealthiest IPL teams, focusing on their financial strength, brand value, and the key factors that contribute to their success.
The Mumbai Indians lead the IPL as the richest team, boasting a net worth of $87 million (approximately ₹803 crore). Following closely is the Chennai Super Kings, with a net worth of $81 million (around ₹594 crore).
Read more about Top 5 Most Dangerous Batsman in IPL
Now, let’s explore the top five wealthiest teams in the IPL 2024, along with their net worth. The Indian Premier League (IPL) has transformed cricket into a dazzling showcase of athleticism and profit. What was once a beloved sport has evolved into a competitive business where franchises vie for wealth and recognition.
Today, we’ll delve into the financial standings of the top five richest IPL teams, highlighting their success stories and the factors behind their impressive fortunes.
The Mumbai Indians hold the title of the richest team in the IPL, with a remarkable net worth of $87 million (approximately ₹803 crore). Owned by IndiaWin Sports Private Limited, a subsidiary of Reliance Industries led by Indian business magnate Mukesh Ambani, the Mumbai Indians have established themselves as a powerhouse in the league.
Since their inception in 2008, the team has achieved significant financial success and is recognized for its dominance, having won five IPL titles—an accomplishment that few franchises have matched. This is why they are often referred to as the “baap of IPL” (father of IPL).
Over the years, legendary players like Sachin Tendulkar, Ricky Ponting, and Lasith Malinga, along with current captain Rohit Sharma, have donned their iconic blue jersey, solidifying their status as one of cricket’s most successful teams. Off the field, their strong brand value and strategic acquisitions contribute to their financial prowess, making them not only the richest team but also a beloved franchise in the IPL.
The Kolkata Knight Riders (KKR) shine not only because of their cricketing talent but also due to their association with Bollywood royalty, notably co-owner Shah Rukh Khan. SRK captivates fans both on-screen and in the stadium, often cheering for his team alongside co-owner Juhi Chawla, another renowned actress.
Founded during the 2008 season, KKR has built a significant net worth of approximately ₹740 crore ($78.6 million). This financial strength has contributed to their success, securing two IPL trophies in the 2012 and 2014 editions. Their passionate and dedicated fan base propels this franchise to the second position on our list. KKR’s savvy understanding of media rights further solidifies their status as one of the richest teams in cricket.
Read more about Highest Run Chases in IPL
Royal Challengers Bangalore (RCB) was established in 2008 and has been a prominent presence in the IPL ever since. With a net worth of $69.8 million (approximately ₹697 crore), they rank among the richest teams in the league.
Despite their financial strength, RCB has yet to clinch an IPL title, leading to their reputation as “underachievers.” The team has featured some of cricket’s biggest stars, including former captain Virat Kohli, which adds to their allure.
Financially, RCB enjoys stability thanks to its loyal fan base and sponsorship from United Spirits Limited (USL), one of India’s leading beverage companies. Although they have reached the finals multiple times, victory has eluded them. Nevertheless, they are cherished by fans and remain one of the most beloved franchises in IPL history.
Even after all these years without a trophy, RCB continues to be a formidable team both on and off the field, solidifying its position as one of the richest teams in the tournament.
In fourth place is the Chennai Super Kings (CSK), another franchise established in 2008. Since then, they have become one of the most successful teams in IPL history, winning the championship five times—more than any other team to date.
Formerly led by the iconic MS Dhoni, CSK faced a significant challenge when they were suspended for two seasons due to a betting controversy. However, they made a remarkable comeback, showcasing their resilience and determination. Despite being one of the top five richest teams in the IPL, they are sometimes humorously referred to as a “bhikari” (beggar) team by fans.
With a net worth of $81 million (approximately ₹697 crore) and strong backing from India Cements Limited, CSK has demonstrated its enduring value as a franchise. Their brand strength continues to thrive, much like the other prominent teams in the Indian Premier League. Undoubtedly, CSK remains among the richest teams in the league.
Sunrisers Hyderabad (SRH), established in 2012, ranks fifth on our list of the richest IPL teams. The franchise is owned by media tycoon Kalanithi Maran of the Sun Network and has a net worth of $48.2 million (approximately ₹498 crore).
Although they have won only one IPL trophy, in 2016, SRH is renowned for its exceptional bowling attack. Their passionate fan base, known as the “Orange Army,” adds to the team’s appeal. However, the COVID-19 pandemic did impact their net worth, underscoring how external factors can affect a team’s finances.
These five teams represent the top net worths in the IPL. If we consider the richest teams in IPL history, we also include Kings XI Punjab, Lucknow Super Giants, Punjab Kings, Rajasthan Royals, Gujarat Titans, and Delhi Capitals, all of which are among the wealthiest franchises in the league.
Check out the Arun Jaitley Stadium IPL Records
RCB is currently owned by United Spirits Limited, a Bengaluru-based beverage alcohol company.
No, RCB is not the richest IPL team. As of the 2024 IPL season, they rank as the fourth richest team, with a net worth of $69.8 million.
The Rajasthan Royals are owned by Manoj Badale, a British businessman of Indian descent.
The Gujarat Titans are owned by CVC Capital Partners, a global investment firm.
The Lucknow Super Giants are owned by the RPSG Group, a conglomerate based in India.
If you enjoy IPL and T20 cricket, you can also explore opportunities for earning through T20 betting!
Katarzyna Nowak is a seasoned writer with over five years of experience in editorial content, news reporting, and cricket sportsbook app reviews. As an author for The Wicket Insider, she combines her deep understanding of the sports betting industry with a passion for cricket, delivering insightful and accurate content that keeps readers informed and engaged.
Stay Tuned With Updates
