Mumbai: Mumbai Indians were revealed to be the most valuable IPL team of 2022, according to Forbes. The Mumbai-based franchise has a value of $1.3 billion, followed by Chennai Super Kings who are valued at $1.15 billion.
Kolkata Knight Riders ($1.1 billion), Lucknow Super Giants ($1.075 billion) and Delhi Capitals ($1.035 billion) are next while Royal Challengers Bangalore ($1.025 billion), Rajasthan Royals ($1 billion), Sunrisers Hyderabad ($970 million), Punjab Kings ($925 million) and Gujarat Titans (Value: $850 million) bring up the rear-end of the list.
According to Forbes, the Indian Premier League has been a gold mine for investors. In 2009, a year after the franchise-owned cricket league launched, it published its first (and only) valuations of the league’s teams, pegging the average value of the eight franchises at $67 million. With the league having recently expanded to ten clubs, that average is now up to $1.04 billion, an annualized growth rate of 24%, Forbes reveals.
According to Forbes, the Indian Premier League has been a gold mine for investors. In 2009, a year after the franchise-owned cricket league launched, it published its first (and only) valuations of the league’s teams, pegging the average value of the eight franchises at $67 million. With the league having recently expanded to ten clubs, that average is now up to $1.04 billion, an annualized growth rate of 24%, Forbes reveals.
