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IPL Valued $20.6 B, RCB Sold for $1.8 B Record Deal

7/29/2026

47 6 Full Breakdown

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Story summary
  • A Houlihan Lokey report valued the Indian Premier League at $20.6 bn, a 10.3% increase over the past year.
  • The IPL now ranks second only to the NFL in per-match brand value worldwide.
  • Royal Challengers Bengaluru, the league’s most valuable franchise at $312 m, was bought by a Blackstone-led consortium for about $1.8 bn, the IPL’s costliest deal.
  • Rajasthan Royals was sold for $1.65 bn, adding Lakshmi Mittal’s family and Adar Poonawalla as co-owners.