ipl team_Cricket Betting_IPL 2023: Cost of all IPL teams.
Cost of all IPL teams
Sunrisers Hyderabad – 425 crores
Punjab Kings – 576 crores
In another joint venture partnership, Punjab Kings (Kings XI Punjab) was bought at ₹576 crores. It was a joint bid from Preity Zinta, and a group of businessmen Ness Wadia, Karan Paul, and Mohit Burman who won the bid.
Delhi Capitals – 630 crores
Delhi Capitals (Delhi Daredevils) was bought by GMR Group for ₹630 crores before the inaugural edition. However, Jindal South West group took hold of a 50% stake in 2018 making it a joint venture with GMR Group.
Chennai Super Kings – 689 crores
Chennai Super Kings were bought at a meager price of ₹689 crores by India Cements group under the leadership of N. Srinivasan. The massive profits have now made Chennai Super Kings the first sports unicorn in India with a market cap of ₹7600 crores.
Royal Challengers Bangalore – 845 crores
Mumbai Indians – 850 crores
Mumbai Indians have now become a global brand under the umbrella of MI global teams. Mukesh Ambani-led Reliance Industries bought it just for ₹850 crores. The profits are far outweighing such a huge amount.
Gujarat Titans – 5600 crores
Gujarat Titans stands as the second most expensive IPL team in history. CVC Capital Partners bid a whopping ₹5600 crores beating the likes of Glazers, Adani Group, etc.
Lucknow Super Giants – 7090 crores
