The Indian Premier League’s enterprise valuation surged 12.9% to $18.5 billion in 2025, making it one of many world’s most profitable sporting properties, a brand new Houlihan Lokey report revealed.
Pushed by record-breaking viewership, ballooning advert revenues, and surging investor curiosity, the IPL’s model worth alone climbed 13.8% to $3.9 billion this 12 months.
For the primary time, Royal Challengers Bengaluru (RCB) emerged because the league’s Most worthy franchise. Their championship victory propelled their model worth to $269 million, overtaking Chennai Tremendous Kings (CSK), which fell to 3rd at $235 million after a poor season end. Mumbai Indians (MI) now maintain the second spot with a valuation of $242 million.
Punjab Kings (PBKS) recorded the sharpest rise—up 39.6% to $141 million—on the again of a runner-up end, savvy participant auctions, and viral digital content material. “We now function with the mindset of a media-sport model—not only a cricket group,” stated PBKS CEO Satish Menon.
The IPL’s monetary engine is fueled by a singular mannequin: assured money flows from central media and sponsorship offers and capital-light franchise operations. This 12 months, promoting revenues jumped 50% to over $600 million, aided by Tata’s renewed $300 million title deal and ₹1,485 crore in affiliate sponsorships from manufacturers like My11Circle and CEAT.
Regardless of a mid-season suspension as a result of regional tensions, IPL 2025 shattered viewership data. JioHotstar’s opening weekend drew 1.37 billion views, whereas the June 3 ultimate between RCB and PBKS clocked 678 million views—making it the most-watched T20 match ever, surpassing even India vs. Pakistan within the ICC Champions Trophy.
“The IPL continues to set benchmarks in sports activities enterprise,” stated Harsh Talikoti, director at Houlihan Lokey. With franchises increasing abroad and cricket’s Olympic debut in 2028 on the horizon, the IPL is poised for even deeper international monetisation.