From $100 mn to $1 bn: How IPL teams' valuations have surged since 2008
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The Indian Premier League (IPL) has seen a dramatic increase in team valuations since its inception in 2008, with some teams now valued over $1 billion. Recent transactions include the sale of Royal Challengers Bengaluru (RCB) for $1.78 billion and Rajasthan Royals for $1.63 billion. Initial franchise prices were significantly lower, with Mumbai Indians purchased for $111.9 million and Chennai Super Kings for $91 million. The current ownership landscape includes major conglomerates and private equity firms, reflecting the league's growth into one of the richest in global sports.
Source: Business Standard The copyright of this article belongs to the original author/organization.
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