IPL: Kolkata Knight Riders' net worth and sources of revenue

The Indian Premier League (IPL) has established itself as the most successful T20 cricketing league in the world. Along with it, the league has also emerged as a perfect business model for the Board of Control for Cricket in India (BCCI). In its 15 years of journey, the league has given a lot of money to the BCCI by delivering superb action to avid league watchers.

It’s not just the BCCI that is making money from the cash-rich league but also the franchises. Kolkata Knight Riders (KKR), the third-most successful IPL side, are the second-richest IPL team in the league with a net worth value of INR 740 crore. Currently, they are only behind Mumbai Indians (MI), who have a net value of INR 803 crore.

Discussing more, let’s have a look at the KKR’s net worth and source of revenue in the league

1. Media rights

The BCCI gets a fine amount from TV broadcasters and over-the-top (OTT) platforms for selling its media rights. After taking away its share from the amount, the board gives 40% to 50% of its income to IPL franchises as well and the biggest percentage of it goes to the trophy-winning side.  

In January 2023, the media rights for the T20 tournament were sold for INR 48,390 crore for 2023-27 seasons. This deal attracted media attention as it made the IPL the second most valuable league in the world, after America’s National Football League. 

This financial achievement of the league has helped KKR too as their revenue got a huge boost. For the two-time IPL champions, the amazing deal has proven fruitful, and riding on its success, KKR are also among the franchises that might see a rise in their earnings.