IPL Franchises Value Net Worth Cost Price
In 2008, When IPL just started, no one knows that it would be a beast in coming time. In 2011, it was the first event to be live on youtube. IPL is a mixture of Cricket, Celebrity, Cash, and entertainment. The total cost for the IPL franchises is $225 million. By teams following is the details of teams and partnerships descriptions of each team.
IPL Franchise Owners Bid
1: Kolkata Knight Riders – Richest Franchise of IPL
KKR franchise is possessed by the King of Bollywood Shahrukh Khan (SRK) with the collaboration of Jay Mehta (spouse of a Bollywood actress Juhi Chawla) with their reputable organizations, Red Chillies Entertainment and by Mehta group. The proprietor purchased the team at a brawny price of $75M in 2008. The approximated marque worth of Kolkata Knight Riders is $45M approximately.
Give a read to IPL Prize Money of Orange Cap Winners
2: Mumbai Indians:
Mumbai Indians franchise is possessed by huge corporation Reliance Industries, through its grant IndiaWin Sports. M.I was the most costly dealership with spending $111.9M approximately. Sachin Tendulkar was a part of Mumbai Indians. Mumbai Indians has a brand worth of $ 44.62M.
The franchise is in the beginner teams in IPL and possessed by the UB group chairman Dr. Vijay Mallya who remunerated $111.6M for the team possession. His son Sidhartha Mallya is the manager of the team. The team has a brand worth of $37.81M.
4: Kings XI Punjab:
Kings XI symbolizes Punjab in the IPL, and the proprietor of the team are Preity Zinta, Karan Paul from Appeejay Surendra Group and Mohit Burman from Dabur. The associated venture cashed a total of $76M for the team possession. The team has a brand worth of $30.78 million.
6: Delhi Daredevils:
DD is possessed by the GMR group founded in 2008. The GMR group has paid an amount of $84 million for the team possession rights. The team represents Delhi in IPL. The team has a brand worth of $34.22 million.
Sunrisers Hyderabad substituted Deccan Chargers franchise from IPL 2013 season. The franchise is closely-held by the Kalinithi Maran of Sun TV Network. The company has paid $85 million for the ownership rights of the franchise for 5 years. Earlier Hyderabad franchise Deccan Chargers were victorious of the IPL 3rd edition in South Africa. The franchise has a brand worth of $31.49M.