IPL 2023: Mumbai Indians' Net Worth and sources of revenue
The Mumbai-based franchise has a valuation of $1.3 billion USD (INR 9968 crore approximately).
3. Stadium Ticket sales
Since 2008, avid MI fans have registered their presence at the stadiums to cheer up the team. Their support has not just helped the side to win games but also helped the MI owners to get earn a lucrative amount. Throughout the years, ticket sale for matches has become a major source of income for the franchise.
As per the home-and-away format of the league, each franchise gets a chance to host seven matches at their home venues. In the last 15 years, Mumbai stadiums such as Wankhede, Brabourne, and DY Patil have served as MI’s home grounds. Through the sale of tickets at their home stadiums, MI gets a fixed amount of money as per IPL guidelines.
Along with stadium tickets, the franchise also generates income through gate tickets and passes. In all these years, the connection between supporters and franchises has become a medium of income for the franchise to obtain revenue.
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