
The Indian Premier League's total business value has increased by 11.4% over the last year, reaching $20.6 billion according to a report by Houlihan Lokey.
Royal Challengers Bengaluru remains the most valuable franchise with a brand value of $312 million, marking a 16% increase following its recent $1.78 billion acquisition.
Mumbai Indians rank second at $264 million, followed by Kolkata Knight Riders at $245 million and Chennai Super Kings at $244 million in the league's valuation rankings.