Indian Premier League also known as IPL It is also said that with time new dimensions of success are being added. The increasing popularity of this league across the world has increased the earnings of its franchises. Let us tell you that the revenue of 10 IPL franchises has doubled in just one year. The total revenue of franchises was ₹ 3,082 crore in the year 2023, which has increased to ₹ 6,797 crore in the year 2024. Toffler has released this information. The reason behind the increase in earnings is believed to be BCCI’s deal worth ₹48,390 crore with Disney Star and Viacom 18.
Team | Total revenue in FY 2024 | Profit/loss in financial year 2024 |
Gujarat Titans | 776 crores | -57 crores |
Mumbai Indians | 737 crores | 109 crores |
Kolkata Knight Riders | 698 crores | 175 crores |
Lucknow Super Giants | 695 crores | 59 crores |
Chennai Super Kings | 676 crores | 22.9 crores |
punjab kings | 664 crores | 252 crores |
Rajasthan Royals | 662 crores | 142 crores |
Sunrisers Hyderabad | 659 crores | NA |
Royal Challengers Bangalore | 650 crores | 221 crores |
Delhi Capitals | 580 crores | 195 crores |
Source: Toffler
IPL’s brand value increased to $12 billion
According to a recent brand finance report, the brand value of IPL has increased by 13% to $ 12 billion (Rs 10,16,64,58,82,400) in 2024 compared to 2023, from its $ 2 billion in 2009. Is 6 times. At the same time, four franchises – Chennai Super Kings (CSK), Mumbai Indians (MI), Royal Challengers Bangalore (RCB) and Kolkata Knight Riders (KKR) have crossed the $ 100 million mark in brand value.
Shahrukh Khan’s bumper earnings
The last financial year saw a sea change in the financial performance of IPL franchises, with most teams doubling their revenues and increasing profits. The gains were led by Gujarat Titans (GT), MI and CSK, who set new financial benchmarks, while Punjab Kings (PK) emerged as the highest profit-making franchise. Kolkata Knight Riders (KKR), co-owned by Shah Rukh Khan and Jai Mehta, also more than doubled its revenue to ₹698 crore from ₹322 crore.
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