Mumbai Indians top Sportico’s IPL valuations at $2.1 billion

Mumbai Indians are the most valuable franchise in the IPL, according to Sportico’s 2026 valuation rankings. The report puts them at an estimated $2.1 billion, which Outlook India converts to Rs 20,008.8 crore.

Royal Challengers Bengaluru are second at $1.85 billion, ahead of Kolkata Knight Riders at $1.73 billion. Punjab Kings are valued at $1.53 billion.

The numbers behind the list

The gap between the highest- and lowest-ranked teams in the report is $600 million. Sportico estimates the combined value of the 10 franchises at roughly $17 billion.

The report says franchise values have grown 1,800% since 2008. Teams averaged $74.4 million in revenue in the 2026 season, and each receives roughly $50-55 million from the BCCI’s central distributions.

Value and results on the field

Royal Challengers Bengaluru, ranked second, finished May with two wins over Gujarat Titans in Indian Premier League 2026: by 92 runs on 26 May after making 254/5, and by 5 wickets on 31 May.

Mumbai Indians, the top-valued side, beat Punjab Kings by 6 wickets on 14 May, reaching 205/4 in 19.5 overs.