Brand value of IPL increases, Bangalore tops

Playing IPL means becoming a millionaire. That is why many cricketers who play in this Indian T20 tournament dream. The franchise is the third among all sports in the world in terms of T20 tournaments.

The brand value of IPL franchises increases every year. This year is no exception. According to calculations, this year the brand value of IPL has increased by 11.4 percent.

Royal Challengers Bangalore has topped the list of the most valuable teams in IPL, surpassing Mumbai Indians and Kolkata Knight Riders. In fact, becoming the champion has worked like a great lifesaver for Virat Kohli. That is why their brand value has increased dramatically. According to the report, RCB's market value is currently $ 269 million. 2,984 crores in Indian currency.

Mumbai is in third position in terms of IPL brand value. They are currently in second place. Apart from being five-time champions, Mumbai also has some of the country's best stars playing. Rohit Sharma, Jasprit Bumrah, Hardik Pandya, Suryakumar Yadav are helping to increase Mumbai's brand value. Currently, Mumbai Indians have a market value of 264 million US dollars, or 2,524 crores. Rohit's brand value has increased by 9.1 percent in a year.

KKR is in third place in terms of IPL brand value. The biggest USP of the three-time champions is the team captain Shahrukh Khan. That is one of the reasons for the Knights' popularity. Moreover, there is an advantage in being a team from Kolkata. However, the Knights cannot make it to the top three as there is no special superstar in the team. Currently, the Knights have a market value of 2,343 crores. The Knights' brand value has increased by about 8 percent in a year.

Chennai Super Kings have fallen to fourth place in terms of brand value. The five-time champions were at the top of the list for a long time. But the problem is that lately, apart from Mahendra Singh Dhoni, there is no other superstar in the Chennai team. This year, however, Sanju Samson has joined. As of now, the market value of Chennai Super Kings is $244 million. In Indian currency, it is Rs 2334 crore. CSK's brand value has increased by only 3.4 percent in a year.

The brand value of the remaining teams, except for the first 4 teams, is much lower. Sunrisers Hyderabad is in fifth place in terms of market value. Kavya Maran's team has won the IPL once. The Hyderabad team's brand value is Rs 1,607 crore. Vaibhav Suryavanshi's Rajasthan Royals have come in sixth place. Rajasthan's current brand value is Rs 1,540 crore.

Punjab Kings have been playing regularly since the first season of the IPL. But they have not been able to become champions so far. However, the team has a little popularity because of owner Preity Zinta. The brand value of Punjab Kings is Rs 1,511 crore. Despite playing only 4 seasons, Gujarat Titans have surpassed several teams in terms of IPL brand value. Gujarat is currently captained by Shubman Gill. The current brand value of this team is Rs 1502 crore.

Delhi Capitals, who have never won the IPL, are in ninth place in terms of brand value. The market value of the team of KL Rahul and Axar Patel is Rs 1,492 crore. The lowest in terms of brand value is Sanjiv Goenka's team Lucknow Super Giants. Lucknow's brand value is Rs 1,167 crore.