IPL 2022: Indian Premier League Becomes MOST VALUED Cricket League, FASTEST GROWING Sports League with 24% Annual Growth Rate – Check Values ​​of Top 10 Franchises

IPL 2022 – Fastest Growing IPL Sports League: The meteoric growth of the Indian Premier League in terms of valuation continues apace. Forbes has now named India’s annual cricket carnival as the fastest growing sports league in the world. According to Forbes, IPL is growing faster than the likes of the NBA and NFL: Follow the IPL 2022 LIVE updates with InsideSport.IN

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IPL 2022: Indian Premier League Becomes MOST VALUED Cricket League, FASTEST GROWING Sports League With 24% Annual Growth Rate – Check IPL 10 Franchise Values

IPL fastest growing sports league: According to the report, the average valuation of an Indian Premier League of each IPL team is currently $1.04 billion (roughly – INR 7974 crore) and it has an annualized growth rate of 24%. IPL’s valuation is currently around $7 billion and with IPL media rights around the corner, it is expected to cross the $10 billion mark.

Other major leagues like the NBA and NFL have lagged in this regard, as the NFL team valuation growth rate is 10%, while the NBA team valuation growth rate is is 16%.

IPL 2022: Indian Premier League Becomes MOST VALUED Cricket League, FASTEST GROWING Sports League with 24% Annual Growth Rate – Check Values ​​of Top 10 Franchises

IPL 2022: Indian Premier League Becomes MOST VALUED Cricket League, FASTEST GROWING Sports League with 24% Annual Growth Rate - Check Values ​​of Top 10 Franchises
Mumbai Indians are the most beloved IPL franchise

IPL 2022: Indian Premier League Becomes MOST VALUED Cricket League, FASTEST GROWING Sports League with 24% Annual Growth Rate – Check Values ​​of Top 10 Franchises

Mumbai Indians are currently the highest rated IPL franchise with a remarkable valuation of $1.3 billion.

The five-time IPL champions are currently more popular than many MLB, MLS and NHL teams.

What’s more impressive is the fact that IPL’s team ratings should only go up from here, given that a new media rights deal will be in place very soon.

IPL 2022: Indian Premier League Becomes MOST VALUED Cricket League, FASTEST GROWING Sports League with 24% Annual Growth Rate – Check Values ​​of Top 10 Franchises

Currently, the Board of Control for Cricket in India (BCCI) has entered into a five-year media rights agreement with Star India, for which the latter is paying a total sum of $2.4 billion. However, this agreement will end at the end of the current season and with the addition of two new teams and the subsequent increase in the number of games, it is expected that the new media agreement will fetch BCCI somewhere between $6 billion for $7 billion.

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IPL 2022: Indian Premier League Becomes MOST VALUED Cricket League, FASTEST GROWING Sports League with 24% Annual Growth Rate - Check Values ​​of Top 10 Franchises

IPL 2022: Indian Premier League Becomes MOST VALUED Cricket League, FASTEST GROWING Sports League with 24% Annual Growth Rate – Check Values ​​of Top 10 Franchises

Experts have pointed out two main reasons behind the growth in popularity of IPL. The first happens to be sky-high viewership numbers, with IPL 2021 being watched by 660 million viewers across TV and live streaming platforms. On top of that, IPL’s profitable business model adds to the teams overall valuation.

Check out the valuation of the 10 IPL franchises (according to Forbes data):

1. Bombay Indians

• Value: $1.3 billion

• Revenue: $33 million

• Operating result: $5.5 million

• Owner: Trust Industries

2. Chennai Super Kings

• Value: $1.15 billion

• Revenue: $41.2 million

• Operating result: $14.8 million

• Owner: India Cements

3. Kolkata Knight Riders

• Value: $1.1 billion

• Revenue: $41.2 million

• Operating result: $14.1 million

• Owner: Shah Rukh Khan

4. Lucknow Super Giants

IPL 2022: Indian Premier League Becomes MOST VALUED Cricket League, FASTEST GROWING Sports League with 24% Annual Growth Rate - Check Values ​​of Top 10 Franchises

• Value: $1.075 billion

• Revenue: N / A

• Operating result: N / A

• Owner: PR-Sanjiv Goenka Group

5. Capitals of Delhi

• Value: $1.035 billion

• Revenue: $35.4 million

• Operating result: $8.3 million

• Owner: GMR Group, JSW Group

IPL 2022: Indian Premier League Becomes MOST VALUED Cricket League, FASTEST GROWING Sports League with 24% Annual Growth Rate – Check Values ​​of Top 10 Franchises

6. Royal Challengers Bangalore

• Value: $1.025 billion

• Revenue: $36.4 million

• Operating result: $9.7 million

• Owner: United Breweries

7. Royals of Rajasthan

• Value: $1 billion

• Revenue: $31.7 million

• Operating result: $6.6 million

• Owner: Emerging Media Ltd.

IPL 2022: Indian Premier League Becomes MOST VALUED Cricket League, FASTEST GROWING Sports League with 24% Annual Growth Rate – Check Values ​​of Top 10 Franchises

8. SunRiser Hyderabad

• Value: $970 million

• Revenue: $31.8 million

• Operating result: $3.2 million

• Owner: Sun TV Network

9. Kings of Punjab

• Value: $925 million

• Revenue: $31.2 million

• Operating result: $9.8 million

• Owner: Mohit Burman, Ness Wadia, PZNZ Media

10. Gujarat Titans

• Value: $850 million

• Revenue: N / A

• Operating result: N / A

• Owner: CVC Capital Partners

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