List of Richest IPL Franchises Ranked

Lucknow Super Giants ($122 million)

Sanjiv Goenka-owned Lucknow Super Giants has a reported market value of $122 million, in only its fourth year of existence in the Indian Premier League. The $122 million figure places LSG as the least valuable franchise in the IPL, but reflects its success both on the field and in securing major sponsorships and fan engagement.

Punjab Kings ($141 million)

2025 IPL runners-up Punjab Kings have an estimated brand valuation of $141 million, showcasing the franchise's growing standing within the tournament. Ranked 9th on this list of the richest Indian Premier League franchises, PBKS is co-owned by Dabur's Mohit Burman, businessman Ness Wadia and Bollywood actress Preity Zinta.

Gujarat Titans ($142 million)

Another franchise which was founded only four years ago, 2022 IPL winners Gujarat Titans has an estimated market value of $142 million. Co-owned by the CVC Capital Partners and Torrent Group, the team plays its home matches at the massive 132,000-capacity Narendra Modi Stadium in Ahmedabad.

Rajasthan Royals ($146 million)

Rajasthan Royals have an estimated market value of $146 million, solidifying the team's position as a highly valuable and consistently strong brand in the Indian Premier League. The franchise, owned by the Manoj Badale-led Royals Sports Group, was the inaugural IPL champion in 2008 and is known for backing young and budding talents.

Delhi Capitals ($152 million)

The franchise that represents India's national capital and remains one of the three franchises to have never laid its hands on the IPL trophy, Delhi Capitals is valued $152 million. The massive market value despite the consistent setbacks in the IPL, is a reflection of DC's solid ownership structure under GMR Group and JSW Sports.

Sunrisers Hyderabad ($154 million)

Having transformed into the IPL's most aggressive team over the past two seasons, Sunrisers Hyderabad has an estimated market value of $154 million, and happens to be a successor to the original Hyderabad-based side, Deccan Chargers. Owned by the Sun Group and based in Hyderabad, the franchise won its first IPL title in 2016.

Kolkata Knight Riders ($222 million)

With Shah Rukh Khan being the face of the franchise since the inaugural season of the IPL, Kolkata Knight Riders has a significant market value of $222 million, given its massive fan base and association with Bollywood. The three-time IPL-winning franchise is co-owned by Khan's Red Chillies Entertainment and Jay Mehta.

Chennai Super Kings ($235 million)

The joint-most successful franchise in IPL history, Chennai Super Kings boasts an estimated market value of $235 million, with most of its revenue derived from its association with Indian cricket legend MS Dhoni. Owned by the India Cements, CSK has five IPL titles to its name and is defined by a fiercely loyal fan base across India.

Mumbai Indians ($242 million)

One of the most popular and commercially dominant franchises in IPL history, Mumbai Indians has a massive brand valuation of $242 million. Owned by the richest man in India, Mukesh Ambani-led Reliance Industries, MI is the joint-most successful in the league with five IPL titles, level on terms with Chennai Super Kings.

Royal Challengers Bengaluru ($269 million)

Royal Challengers Bengaluru stands as the most valuable IPL franchise with an estimated market value of $269 million, a figure driven by their massive and passionately loyal global fan base. Owned by United Spirits, the franchise finally secured its maiden IPL title in 2025, with the team's face being ace India batter Virat Kohli.