IPL valuation hits $18.5 billion; RCB topple MI, CSK as most valuable franchise

The Indian Premier League (IPL) has witnessed a sharp jump in its overall valuation after the latest edition. According to a report by US-based investment bank Houlihan Lokey, IPL’s overall valuation has reached a whopping USD 18.5 billion (over Rs 1,56,000 crore) in 2025 and has seen a 12.9 percent increase from last year.

Meanwhile, the report also said that the league’s stand-alone brand value rose 13.8 percent to USD 3.9 billion (over Rs 32,000 crore). IPL’s brand value in 2024 was USD 3.4 billion.

“The brand value of the IPL has risen by 13.8% year over year, reaching US$3.9 billion (equivalent to ₹32,721 crore, reflecting a 16.1% increase year over year in INR terms). This growth underscores the league’s expanding commercial appeal, global reach, and deepening fan engagement, particularly in the digital domain,” the report stated.

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RCB becomes top-valued franchise

A major shift in the rankings saw Royal Challengers Bengaluru (RCB) emerge as the most valuable IPL franchise for the first time ever, with a brand value of USD 269 million. The boost comes after their maiden IPL title win in 2025. Last year, RCB stood at USD 227 million.

Mumbai Indians (MI) rose from fourth to second place with a brand value of USD 242 million, up from USD 204 million last year. In contrast, Chennai Super Kings (CSK) dropped to third place at USD 235 million after a poor season where they finished last. Their value increased only slightly from USD 231 million in 2024.

Two-time champions Kolkata Knight Riders (KKR) claimed the fourth spot at USD 222 million, followed by Sunrisers Hyderabad (SRH) at USD 154 million. Delhi Capitals (DC) are sixth at USD 152 million, Rajasthan Royals (RR) seventh with USD 146 million, and Gujarat Titans (GT) are eighth with USD 142 million.

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The biggest surprise came from Punjab Kings (PBKS), who posted the highest year-on-year growth of 39.6 percent, rising to USD 141 million and claiming the ninth spot. Their strong season under new captain Shreyas Iyer, which saw them finish as runners-up, played a big role in this rise.

Despite being the most expensive team in terms of ownership cost, Lucknow Super Giants (LSG) were at the bottom of the list in 10th place with USD 122 million.