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Indian Premier League Value Hits $20.6 Billion Post-Franchise Sales

The Indian Premier League's value has soared to $20.6 billion following recent franchise sales, according to Houlihan Lokey.

By Staff Correspondent
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IPL value soars to $20.6 bn after franchise sales: report | Sports
BSS

The Indian Premier League's (IPL) value has surged to an estimated $20.6 billion, driven by ownership deals involving two of its biggest franchises, according to a report by investment bank Houlihan Lokey. The T20 competition's value rose 10.3 percent over the past year, solidifying its position as one of the world's most valuable sports brands. On a per-match basis, only the NFL ranks ahead of the IPL globally.

FAQs

Q: Which IPL franchise is the most valuable? A: Royal Challengers Bengaluru, with a brand value of $312 million.

Q: What was the most expensive franchise transaction in IPL history? A: The acquisition of Royal Challengers Bengaluru by a consortium including US asset management giant Blackstone for nearly $1.8 billion.

Q: Who acquired the Rajasthan Royals? A: Indian steel tycoon Lakshmi N. Mittal and his family joined vaccine billionaire Adar Poonawalla in taking control.

Q: What does the report say about the IPL's global impact? A: The report states that cricket's evolution into a globally owned, institutionally backed asset class has accelerated, with the IPL continuing to redefine the global sports landscape.

Source: BSS

FAQ

Which IPL franchise is the most valuable?
Royal Challengers Bengaluru, with a brand value of $312 million.
What was the most expensive franchise transaction in IPL history?
The acquisition of Royal Challengers Bengaluru by a consortium including US asset management giant Blackstone for nearly $1.8 billion.
Who acquired the Rajasthan Royals?
Indian steel tycoon Lakshmi N. Mittal and his family joined vaccine billionaire Adar Poonawalla in taking control.
What does the report say about the IPL's global impact?
The report states that cricket's evolution into a globally owned, institutionally backed asset class has accelerated, with the IPL continuing to redefine the global sports landscape.

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