IPL Value Increases By 19 Percent In 2018

Updated: 09 August 2018 16:20 IST

The Mumbai Indians, with a brand value of 113.0 million dollars, continue to top the charts for the third season in a row.

IPL Value Increases By 19 Percent In 2018
Mumbai Indians have won the Indian Premier League three times. © BCCI

The fifth edition of Duff and Phelps annual study of the Indian Premier League (IPL) suggested an increase in the overall value of the league's ecosystem from 5.3 billion dollars in 2017 to 6.3 billion dollars in 2018. The hike was supported by the broadcasting rights fee surging at a compounded annual growth rate (CAGR) of 18.9 per cent, it was announced on Wednesday. Duff and is the global advisor that protects, restores and maximises value for clients in the areas of valuation, corporate finance, investigations, disputes, cyber security, compliance and regulatory matters, and other governance-related issues.

The Mumbai Indians, with a brand value of 113.0 million dollars, continue to top the charts for the third season in a row.

Kolkata Knight Riders (KKR) are in second place with a brand value of 104.0 million dollars.

The two-year ban imposed on Chennai Super Kings (CSK) and Rajasthan Royals has had some bearing on their brand values.

However, CSK's on-field performance and the MS Dhoni factor helped them neutralise the negative impact, as they were valued at 98.0 million dollars alongside Royal Challengers Bangalore.

Sunrisers Hyderabad, Delhi Daredevils, Kings XI Punjab and Rajasthan Royals follow in the brand rankings.

Commenting on the study, Santosh N, Managing Director, Duff and Phelps said: "Our IPL brand values report reflects the evolution of the modern cricket business paradigm with clubs benefiting from not only the enduring popularity of cricket in India but also from strong marketing and globalization of the game."

Comments
Topics mentioned in this article Cricket Indian Premier League 2018
Highlights
  • Mumbai Indians have a brand value of 113.0 million dollars
  • Mumbai Indians continue to top the charts for the third season in a row
  • Mumbai Indians have won the Indian Premier League three times
Related Articles
Sourav Ganguly Seeks Harbhajan Singh
Sourav Ganguly Seeks Harbhajan Singh's Support Ahead Of New Innings As BCCI President
Vijay Shankar Trolled For Posting Body Transformation Picture On Social Media
Vijay Shankar Trolled For Posting Body Transformation Picture On Social Media
"Proud Indian": Mithali Raj Slams Troll Who Criticised Her Language Preference On Twitter
"Proud Indian": Mithali Raj Slams Troll Who Criticised Her Language Preference On Twitter
Virat Kohli Gets Backing Of Sourav Ganguly To Turn Things Around And Win ICC Events
Virat Kohli Gets Backing Of Sourav Ganguly To Turn Things Around And Win ICC Events
CoA Proposes Amendments To Conflict Of Interest Clause In BCCI Constitution
CoA Proposes Amendments To Conflict Of Interest Clause In BCCI Constitution
Advertisement