Indian Premier League is now one of the reputable Sports League in the world and it is the number one T20 Cricket league in the World, IPL also finds its place in Top 10 sports leagues of this World.
Duff and Phelps had estimated the IPL brand value at $6.8 billion earlier in 2019, not only this the Broadcasting rights of IPL for the tenure of 5 years is won by Star India for $2.55 billion by winning bid against the giants like Facebook, Sony, and many other Silicon Valley giants.
Currently, there are 8 IPL Franchises from 8 different Indian Cities and it’s common that everyone wants to know who owns this IPL Franchises that enjoy huge fanbases in a Cricket Crazy country India, So I’ve compiled the list of all the IPL Team owners with the brand values of the Team.
1. Mumbai Indians owners and Brand Value
Mumbai Indians is owned by Nita Ambani, w/o Indian Businessman Mukesh Ambani (Reliance Industries), and the brand value of the team is estimated at US$ 113 million.
Mumbai Indians won the most IPL trophies in the Indian Premier League.
2. Chennai Super Kings owners and Brand Value
Chennai Super Kings is owned by former BCCI President N. Srinivasan and its brand value is estimated at US$ 98 million. CSK is the most successful team in the IPL in terms of winning percentage.
3. Royal Challengers Bangalore owners and Brand Value
Royal Challengers Bangalore is bought by Vijay Mallya in 2008 and now it is currently owned by an Indian alcoholic beverage company named United Spirits and its brand value is estimated at US$ 98 million.
Current Indian skipper, Virat Kohli is playing for Royal Challengers Banglore since the first edition of the IPL.
4. Kolkata Knight Riders owners and Brand Value
Kolkata Knight Riders is owned by Famous Bollywood actor Shah Rukh Khan and Bollywood actress Juhi Chawla and her husband Jay Mehta, under the banners of Red Chillies Entertainment and Mehta Group, and its brand value is estimated at US$ 104 million.
5. Sunrisers Hyderabad owners and Brand Value
Sunrisers Hyderabad is owned by Sun TV Network owner Kalanithi Maran and its brand value is estimated at US$ 70 million. Sunrisers Hyderabad entered the IPL after the exit of the Deccan Chargers team from IPL.
6. Delhi Capitals owners and Brand Value
Previously Delhi Daredevils is owned by GM Group and they sold 50% of the team stake to JSW Sports in 2019 after that They’ve changed their Team name to Delhi Capitals and its brand value is estimated at US$ 52 million.
7. Kings XI Punjab owners and Brand Value
Kings XI Punjab is owned by Bollywood actress Preity Zinta, Ness Wadia (Wadia Group), Mohit Burman (Dabur India Ltd.), The Oberoi Group, and Karan Paul (Apeejay Surrendra Group). and KXIP brand value is estimated at US$ 52 million.
8. Rajasthan Royals owners and Brand Value
Rajasthan Royals, created history by winning the first IPL ever and RR is owned by Manoj Badale and Lachlan Murdoch, and Royals brand value is estimated at US$ 43 million.