The Indian Premier League (IPL) saw the daylight back in 2008 and the tournament has grown in stature ever since. Brendon McCullum’s hundred against the Royal Challengers Bangalore (RCB) at the M Chinnaswamy Stadium in Bangalore started proceedings and the IPL has not taken a backward step since then.
Lalit Modi was the IPL Founder and ran the championship for three years until 2010. The IPL is not only popular in India, but across the globe. The IPL has changed the careers of many players over the years.
Currently there are 10 franchises in the IPL and they have a strong brand value owing to their success over the years.
Let us look at the IPL Founder of all 10 franchises and their brand value
Mumbai Indians
5-time champions MI have a net worth of $87 million. The IPL Founder of the MI franchise is by Mukesh Ambani’s Reliance Industries, a subsidiary of Indiawin Sports. Lotus Herbals, Ashok Leyland are the principal partners for Mumbai Indians.
The associate partners are Confluent and Skechers. Usha, Lovechild Masaba, DHL, Radio City, Fever and 94.3 Radio One are the official partners.
Chennai Super Kings
CSK, who have also won 5 titles, have a net worth of $81 million. The IPL founder of the Super Kings is N Srinivasan, the Managing Director of India Cements. CSK were early owned by India Cements, but after the 2015 match-fixing scandal, the ownership was transferred to Chennai Super Kings Cricket Limited.
TVS Eurogroup Tyres, Ethiad Airways, India Cements, Gulf, Coca Cola, Fever FM, Hello FM, Astral Pipes and ICICI Bank are among CSK’s partners.
Kolkata Knight Riders
2-time IPL champions KKR have a net worth of $78.6 million. Bollywood actors Shah Rukh Khan and Juhi Chawla, and Jay Mehta are the owners of the Men in Gold and Purple.
BKT is the principal partner of KKR. Lux Cozi, JOY, Money 9, Jio, Acko, Royal Green and SRMB are the associate sponsors. Thums Up, boat, Mio Amore, HRX and Amul Organic are the official partners of KKR.
Royal Challengers Bangalore
RCB, one of the most popular teams in the IPL, have a net worth of $69.8 million. United Spirits Limited, a Diageo Group Company, are the owners of the Challengers in the IPL. Back in 2008, Vijay Mallya bought RCB for $111.6 million. After he defaulted on loans in 2016, United Sports took over.
Qatar Airways is the main principal partner for RCB. The principal partners are Kei Wires and Cables, Happilo and Jio. RCB are set to play the first game of the upcoming season according to the IPL 2024 schedule.
Delhi Capitals
DC, who are yet to win a single title thus far, have a brand value of $64.1 million. GMR Group and JSW Sports are the IPL founders of the Delhi franchise. Parth Jindal is the co-owner of the Capitals in the IPL.
Green Panel and DP World Cup are the principal sponsors of the Capitals. Jio is the official partner while Fan Craze, Dream11, Jio Cinema, Bisleri, Big Ant Studios, Fever 104, Radio One and Punjab Fever are the official partners.
Gujarat Titans
GT, who have played back-to-back finals in 2022 and 2023, have a net worth of $65.4 million. The Titans are owned by CVC Capital Partners, who bought the team for INR 56,250 million.
BKT, Capri Lions, Jio, Astral Pipes, Simpolo, Acko, Lubi and Rayzon Solar are the associate partners of the franchise. Dream11, Croma, Boat and Big Ant Studios are the official partners. PAYTM is the official ticketing partner.
Rajasthan Royals
RR, who won the title back in 2008 under Shane Warne’s leadership, have a net worth of $62.5 million. The Royals are owned by Manoj Badale, Lachlan Murdoch, and Red Bird Capital Partners.
Luminous is the title sponsor of the Royals in the IPL. BKT and Red Bull are the principal sponsors. Ubon, Goel TMT and Poornima University are the associate partners. Dream11, Fancode and Play are among their other sponsors.
Sunrisers Hyderabad
SRH, who won the IPL title back in 2016, have a net worth of $48.2 million. Kavya Maran is the IPL founder for the Sunrisers. Kavya is the daughter of Kalanithi Maran, the founder of the Sun Group.
BKT, Kuhl Stylish Fans, Jio, Dream11, Wrogn, Campa, Royal Challenge, Dazller Etern, Big Ant Studios, Bira Merch Store, Fancode Shop, Mera Hoardings, Apollo Hospitals and Amul Organic are their sponsors of SRH.
Lucknow Super Giants
LSG, captained by KL Rahul, have a net worth of $47 million. The Super Giants are owned by RPSG Group, headed by Sanjiv Goenka. The RPSG Group previously owned the Rising Pune Supergiant.
My 11 Circle, BKT, Greenply, Jio, Bond Tite Adhesive, Fancraze, Campa, Paytm, Dr Vaidyas, Amul Organic, Radio City, The Souled Store, Alcis, Spencer’s, Macmerise and Sahara Hospital are the sponsors of the Super Giants.
Punjab Kings
PBKS have not got their hands on the title and they have a net worth of $45.3 million. The founders of the PBKS are Ness Wadia, Mohit Burman, Preity Zinta and Karan Paul.
BKT, Jio, All Seasons, Dream11 and Hindware Italian are the principal sponsors of the PBKS franchise. Campa is the official pouring partner while Avon Cycles and Advance are the official partners. Fancode, Arena and SIX5SIX are the fan merchandise partners.
Conclusion
The upcoming IPL edition is all set to get underway on Friday, March 2024. Defending champions Chennai Super Kings will lock horns with Royal Challengers Bangalore in the opening match of the championship at the MA Chidambaram Stadium in Chennai.
Teams have undergone a few changes with Mitchell Starc and Pat Cummins becoming the most expensive buys in the history of the IPL and this could affect the forecasts you might see on websites that offer IPL predictions. Rohit Sharma also would not be the skipper of the Mumbai Indians after being replaced by Hardik Pandya.
MS Dhoni will also return to playing for the Super Kings last year. The focus will also be on the likes of Virat Kohli, Ravindra Jadeja, and others. The upcoming edition of the IPL is expected to be an absolute cracker.