ipl

IPL 2022: Mumbai Indians most valuable IPL franchise, as per Forbes report

By H.JanGra April  27, 2022

Mumbai Indians (MI) enjoy the privilege of being a crown jewel among the Indian Premier League(IPL)'s pool of teams, by being the IPL’s most valuable franchise at $1.3 billion (Rs 9968 crore approximately).

It now has a net worth of more than six MLB teams, 27 NHL teams and every MLS team.

The five-time IPL champions might be enduring their worst IPL season with a tough ask to remain in the title challenge

but the Forbes report published on Tuesday (26 April) shows the side has reaped the long-term benefits of being the most successful side in the cash-rich league

As per the report, alongside being evaluated at $1.3 billion, they also boast of revenue of $33 million (Rs 254 crore approx) and an operating income of $5.5 million (Rs 42.17 crore approx.).

As per the Forbes report, the average value of franchises has grown from $67 million (Rs 513 crore approx for 8 teams) in 2008 to $1.04 billion (Rs 7973 crore approx) in 2022.

This represents an annualised growth rate of 24 per cent, making it a gold mine for investors

Kolkata Knight Riders {$1.1 billion (Rs 8433 crore approx)} Lucknow Super Giants {$1.075 billion(Rs 8242 crore approx)} Delhi Capitals {$1.035 billion (Rs 7935 crore approx)}

Royal Challengers Bangalore {$1.025 billion (Rs 7858 crore approx)} Rajasthan Royals {$1 billion (Rs 7667 crore approx)} Sunrisers Hyderabad {$970 million (Rs 7437 crore approx)}

Punjab Kings {$925 million (Rs 7092 crore approx)} Gujarat Titans {$850 million(Rs 6517 crore approx})