Top 5 Richest IPL Teams
Modern cricket teams are as much about business as they are about the game we all love. Unlike ordinary corporations the IPL teams appear to maintain steady growth, ensuring owners, shareholders and players remain content. Let’s take a look at the richest IPL teams in India.
1. Mumbai IndiansMumbai Indians. Credits: BCCI
Owned by Mukesh Ambra through Reliance Industries, Mumbai Indians is the richest team in the IPL with a market value of ₹803 crores. The team has some of the best players in the world such as Rohit Sharma, Yuvraj Singh, Hardik Pandya and Jasprit Bumrah. After winning the 2019 IPL T20 by one run against Chennai Super Kings what is next for this team?
2. Kolkata Knight RidersKolkata Knight Riders retained Sunil Narine and Andre Russell ahead of the mega 2018 IPL auction.
Co-owned by Shahrukh Khan, the Baadshah of Bollywood, and Juhi Chawla & Jay Mehta the KKR. They have not done that well in the 2019 season, losing momentum early, despite the efforts of Andre Russell with his 510 runs in 13 innings and strike rate at 204.81. The team, which is only the 2nd IPL team to be titled Champion twice, is worth ₹740 crores.
3. Royal Challengers BangaloreRoyal Challengers Bangalore (RCB) has thanked New Zealand all-rounder Corey Anderson for putting his hands up during testing times
Owned since 2018 by the businessman Vijay Mallya, the RCB changed hands in early 2019 with the new owners United Spirits. Despite Virat Kohli being the captain the team only finished on 6th place last season. This south Indian team is the 3rd richest in the IPL, worth ₹697 crores.
4. Chennai Super KingsCSK is the defending champions of IPL 2019. (Credits – BCCI)
Owned by BCCI former president, N.Srinivasan’s India Cements, there has been a change in 2019 to Chennai Super Kings Cricket LTD, owned by the same person. This club is worth ₹697 crores, the same as the Royal Challengers Bangalore! Mahendra Singh Dhoni will continue to captain the team in 2020.
5. Sunrise HyderabadSunrisers Hyderabad | IPL
Owned by Kalanithi Maran of Sun TV Network this is a relatively new team, founded in 2012. It has a 2018 market value of ₹498 crores and the stock value grew by 25% compared to 2017. The Orange Army shows great potential, and with their money smartly invested in IPL auctions, the team looks set to give the other IPL franchises a run for their money!