The IPL 2024 was huge success for Kolkata Knight Riders, with the Shah Rukh Khan-owned franchise winning its third title.
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IPL, overall as an entity, has grown manifold financially too in the past one year.
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Houlihan Lokey, a global investment bank, in its latest report has said that IPL's business value grew by 6.5 per cent over the past one year.
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He also stated that IPL's brand value increased by 6.3 per cent.
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"The value of IPL as a business has surged to US$16.4 billion, up by 6.5% (INR 135,000 crores), reflecting it's continued strength and global appeal," stated in a release
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However, the most surprising revelation was that Mumbai Indians or Royal Challengers Bengaluru are not the most valued teams.
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The report added that the most valued IPL franchise is Chennai Super Kings.
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Five-time champions Mumbai Indians are not even in the top three, when it comes to brand value.