Maiden win helps RCB dethrone CSK as the most valuable IPL franchise: Report
Mumbai, Jul 08 (PTI): End of a 17-year drought has helped Royal Challengers Bengaluru propel the franchise’s valuation to USD 269 million, and helped it dethrone Chennai Super Kings from the top spot, a report said on Tuesday.
The standalone valuation of the Board of Cricket Control India-promoted Indian Premier League (IPL) has jumped 13.8 per cent to USD 3.9 billion, the report by Houlihan Lokey, an investment bank, said.
Value of the IPL as a business has risen to USD 18.5 billion, up 12.9 per cent, the report said.
The Ambani family-run Mumbai Indians’ valuation has surged to USD 242 million, which has helped the franchise become the second most valuable one.
A “disappointing” season made the India Cements’ N Srinivasan-owned CSK slip to number 3 in 2025, from top spot in the year-ago period, with the brand valued at USD 235 million, it said.
Shah Rukh Khan’s Kolkata Knight Riders secured the fourth place in brand value with USD 227 million, while Sunrisers Hyderabad (SRH) stood fifth with a valuation of USD 154 million.
Punjab Kings (PBKS) achieved the highest growth of 39.6 per cent in 2025, reaching USD 141.0 million and ranking ninth, largely due to their strong performance as runners-up under new captain Shreyas Iyer.
PBKS Chief Executive Satish Menon said the franchise saw IPL as a scalable business model with high visibility, secure revenue streams, and strong brand-building potential.
“We now operate with the mindset of a media-sport brand with multiple revenue verticals, not just a cricket team — and that’s where real profitability lies,” he said, adding that they have now built the franchise into a sustainable sports business.
The investment bank’s director for financial and valuation advisory, Harsh Talikoti, said franchise valuations have soared, media rights deals have reached record highs, and brand partnerships have diversified across sectors.
The report said the Tata Group extended its title-sponsorship commitment through 2028 in a lucrative five-year deal worth USD 300 million, while there was a 25 per cent jump at Rs 1,485 crore in the sale of four associate sponsorship slots given to My11Circle, Angel One, RuPay, and CEAT.
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Zameer Ahmed reacts to Muslim leaders’ letter to Congress high command
Bengaluru: Minister Zameer Ahmed has responded to reports of Muslim community leaders writing to the Congress high command expressing concerns.
Speaking to reporters, he said he had seen the letter in the media and noted that around 15–16 community leaders had written to Rahul Gandhi, as well as to the Chief Minister, Deputy Chief Minister and Mallikarjun Kharge.
“They have expressed their views. If you want to know their opinion, you should ask them. I cannot speak on their behalf,” he said.
Stressing that there is no discrimination, Zameer Ahmed said everyone is being treated equally. “Since those who wrote the letter are community leaders, the reasons behind it should be asked to them directly,” he added.
He also said that different leaders express different views. “One person may speak in my favour, another may speak for someone else. There is no need to consider all that,” he said, referring to discussions around leaders like Abdul Jabbar and Naseer Ahmed.
On the issue concerning Naseer Ahmed, Zameer Ahmed said he is a senior leader and that if any anti-party activity was involved, due process should have been followed. “There is a procedure, a notice should be issued first, a reply should be obtained, and then action should be taken. This is also the view expressed by Satish Jarkiholi and several others,” he said.
He clarified that he is not saying action against anyone is wrong if anti-party activity is proven, but decisions should follow proper procedure.
Responding to demands that action against Abdul Jabbar and Naseer Ahmed be withdrawn, he said steps should be taken as per rules and that there was a view that immediate action may not have been necessary.
On the mention in the letter about “teaching a lesson” in future elections, he said there is indeed some dissatisfaction among political and community leaders. “We will speak and resolve the issues. Those who have written the letter should be asked directly,” he said.
