Top 10 most valuable IPL teams: From Chennai Super Kings to Royal Challengers Ba
IPL has become a leading sports competition, and its brand value has reached $12 billion for the first time. Here's a look at the brand values of the franchises according to the Brand Finance IPL 2024
RCB"s incredibly loyal fanbase helped Virat Kohli"s team secure the third position, with a brand value of $117 million, up 67 percent from 2023.
Reigning champs Kolkata Knight Riders secured fourth place with a $109 million brand value.
Meanwhile, Sunrisers Hyderabad (SRH) is recognised as the IPL’s fastest-growing brand. Its brand value went up 76 percent to $85 million.
The franchise from Pink City Jaipur, Rajasthan Royals, reached the sixth position with a brand value of $81 million. RR is in the news for choosing 13-year-old Vaibhav Suryavanshi at auctions.
Axar Patel-led Delhi Capitals achieved an $80 million valuation with 24 percent growth and reached the seventh position.
One of the new franchises on the block, Gujarat Titans, attained a valuation of $69 million with a 5 percent increase at eighth rank.
Punjab Kings demonstrated a remarkable 49 percent growth, securing a $68 million valuation and ninth position.
Rishabh Pant"s Lucknow Super Giants round out the top 10 with a $60 million valuation--a 29 percent increase from last year.
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