IPL: 5 mind-boggling facts you should know

1. IPL’s most valuable franchise, the $1.3 billion Mumbai Indians, is now worth more than six MLB teams, 27 NHL teams, and every MLS team

Mumbai Indians are the most successful franchise in the history of the IPL. Under the leadership of Rohit Sharma, they have won the Indian T20 extravaganza on five occasions with the most recent triumph being in 2020. Also, Mumbai have ended up in the runners-up position once. 

MI, by their exploits on the field, have garnered an insane fanbase, and the brand value of the franchise has just risen exponentially over the years. Thus, the five-time IPL champions have become the most valuable franchise of the marquee tournament. As per a Forbes report, the Mumbai franchise is valued at $1.3 billion (as of April 2022).

With such an insane brand value, the Mumbai franchise has surpassed six Major League Baseball (MLB) teams, 27 National Hockey League (NHL) teams, and every Major League Soccer (MLS) team, in terms of valuation. The Mumbai franchise has been expanding of late as they have bought MI Cape Town in SA20 and MI Emirates in the ILT20 league. Therefore, MI’s worth in the market is expected to surge even more.