The Business of the IPL
Franchise Owners and Team Value
Team owners include corporate groups, film stars and investors, and franchises have grown enormously in value since 2008.
Owning a team is partly a business bet and partly a brand play.
Who owns teams
Reliance owns Mumbai Indians, Chennai Super Kings has a company structure of its own, Shah Rukh Khan’s group co-owns Kolkata Knight Riders, and other teams have corporate and investor owners.
Valuation
Team values have risen sharply as media rights and demand grew.
Why owners invest
Beyond profit, teams build brand recognition and cross-promote other businesses.
New entrants
Two new teams, Lucknow and Gujarat, joined in 2022 for very large fees.
A team bought early for a modest sum can be worth many times more after a decade of growth.
Profitability differs widely and depends on performance and costs.
- Owners come from business and film.
- Team values have soared.
- Brand value is part of the return.
- Two teams joined in 2022.
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