BUSINESS

IPL's brand value hits $10.7 billion

By Rishabh Raj

1

IPL valuation skyrockets

The Indian Premier League (IPL) reached a $10.7 billion valuation in 2023, a 28% increase from the previous year's $8.4 billion. 

2

Growth factors

Factors contributing to this growth include a $6.2 billion media rights deal, increased central pool revenues, and the addition of two franchise teams. 

3

Key partnerships boost

The league's partnership with Aramco and Jio Cinema's free-to-view access contributed to its brand value growth. 

4

Women's league impact

The introduction of the Women's Premier League and new game rules also enhanced teams' brand values and excitement around the IPL. 

5

Most valuable IPL team

Mumbai Indians topped the list as the most valuable IPL brand at $87 million, followed by Chennai Super Kings at $81 million. 

6

Strongest IPL brand

In terms of brand strength, Chennai Super Kings emerged as the strongest IPL brand, followed by Gujarat Titans and Mumbai Indians. 

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