‘Ab trophy nahin jeetne wale ungli naa uthayein’ – Fans react as Mumbai Indians’ brand valuated for 725 crores INR

Five-time IPL winners Mumbai Indians have been ranked as the highest-valued team in terms of brand value. They have been valued at 87 million dollars (7,25,59,13,100.00 INR). They are followed by Chennai Super Kings at 81 million dollars (6755505300.00 INR). Apart from them, Kolkata Knight Riders (KKR) and Royal Challengers Bangalore (RCB) at 78.6 million dollars (6555342180.00 INR) and 69.8 million dollars (5821410740.00 INR), respectively. All these valuations are done by brand valuation consultancy Brand Finance and reported by IANS.

Notably, the report is out only when six days are left in the IPL 2024 mini-auction. More than 330 players have been shortlisted for the final event on December 19. As it is a mini-auction, it will be conducted and completed on the same day. The teams have revealed their list of released and retained players before the auction.

IPL 2023 is paving the way for the global T20 business ecosystem: Brand Finance India

Reacting to their assessment, Brand Finance India’s MD said that the cash-rich league is paving the way for global T20 business. Not to forget, in recent years, IPL franchises have started investing in other T20 leagues too. In the SA20, all six teams are owned by IPL franchises. Talking about the Caribbean Premier League, three teams are owned by IPL owners. Also, a few teams in the ILT20, which recently got the List A status, have a few teams owned by IPL team owners.

“IPL 2023 is paving the way for a global T20 business ecosystem as more and more franchise owners will be taking their brand of cricket to newer potential markets in the Middle East, USA, Asia-Pacific. Franchise owners are now seeing a year-long commitment from players for various leagues played globally,” said Ajimon Francis, Managing Director, Brand Finance India.

This is how Twitter reacted

Ambani for a reason

— Karthik (@vsk_says) December 13, 2023

Rohit Sharma The Face
.

— Shubham (@DankShubhum) December 13, 2023

MI was followed by Chennai Super Kings, which was behind Kolkata Knight Riders last year, with a valuation of $80.6 million. CSK’s brand value has more than doubled since its debut in 2008.
The report also came out with a metric called the “Brand Strength Index” based on a…

— Sæn (@TheHelmetPunch) December 13, 2023

Ambani power pic.twitter.com/5LvM6fDs47

— Kirkett (@bhaskar_sanu08) December 13, 2023

Most Successful

6⃣th Trophy Loading………..

— Ajay Gautam (@gautam_ajay007) December 13, 2023

That’s a really impressive number! 725 crore inr is a lot of money, and it’s great to see a team in India generate that kind of value. Do you think they’ll continue to grow as a brand or have they reached their peak?

— Sonam Murarkar (@murarkar_sonam) December 13, 2023

Mumbai Indians: The Crown Jewel of the IPL, reigning supreme with a brand value of 725 crores!

— (@RoushanStartup) December 13, 2023

The most valuable player in cricket history

— Muhammad Ishaq Khan (@ishaq_Mindset) December 13, 2023

Ek hi team hai naak me dum karke rakha hai CSK & RCB ko

— Papun Kr. Patra (@PapunKPatra) December 13, 2023

Rohit My Fav Indian Player ❤️

— Sawal Meer Khan (@sawalmeer) December 13, 2023