IPL 2023: Royal Challengers Bangalore's Net Worth and sources of revenue
The Bangalore-based franchise is the third richest franchise in the cash-rich league, with a net worth of INR 697 crore.
2. Sponsorships
Sponsorships are one of the most important sources of income for RCB. In 2023, the franchise signed a record-breaking three-year title sponsorship deal with Qatar Airways. The airline company replaced the financial firm Muthoot FinCorp as the main principal sponsor, paying INR 75 crore for three years.
Following this deal, the airline company’s logo currently features on the front of RCB's official jersey. Along with the coming in of Qatar Airways as the main principal partner; Reliance Jio, the Mumbai-based Indian telecom company has also been a principal sponsor of the franchise since the 2018 edition of the T20 league.
Besides these two huge brands, KEI and Happilo are also the main partners of the three-time IPL runners-up. The franchise’s association with these massive brands will pave way for them to bring in more money in the 2023 edition of the IPL.
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