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Sports

Average IPL franchise valuation may touch $15 billion by 2032: Report | Other Sports News

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The average franchise valuation in the Indian Premier League (IPL) is projected to reach $15 billion by 2032, up sharply from $1.8 billion in 2026, according to the Fanatic Sports Hurun India’s Most Valuable Sports Teams 2026 report.

 


The report noted that average IPL franchise valuations have risen significantly since the league’s inception, climbing from $0.1 billion in 2008. It added that IPL franchise values are expected to narrow the gap with the National Football League (NFL), currently the world’s most valuable sports league.

 

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Average NFL franchise valuations stood at $1 billion in 2008 and have grown to $7.1 billion in 2026. They are expected to reach $29.8 billion by 2032, the report said.

 
 


Among Indian sports leagues, Kolkata Knight Riders (KKR), owned by the Shah Rukh Khan family and Mehta Group, emerged as the most valuable franchise. The three-time IPL champion is valued between ₹19,200 crore and ₹22,500 crore in 2026, compared to ₹300 crore at inception.

 

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Mumbai Indians (MI), owned by Mukesh Ambani-led Reliance Industries, ranked second with a valuation of ₹18,400–21,700 crore. The five-time IPL champion was valued at ₹448 crore at inception.

 


Chennai Super Kings (CSK), owned by the N Srinivasan family, and Sunrisers Hyderabad (SRH), owned by Sun TV Group, ranked third and fourth, respectively. CSK is valued at ₹18,400–20,700 crore, while SRH is valued at ₹17,500–18,400 crore.

 

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Royal Challengers Bengaluru (RCB) ranked fifth with a valuation of ₹16,700 crore.

 


Among the top individual earners in the IPL are Virat Kohli, who leads all-time IPL earnings with ₹230.2 crore across 18 seasons, followed by Rohit Sharma with ₹227.2 crore and MS Dhoni with ₹200.3 crore — three athletes each exceeding $25 million in single-league career earnings.

 

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Among women, Smriti Mandhana leads WPL cumulative earnings at ₹13.7 crore. In just four WPL seasons, the top 10 players have collectively earned over ₹90 crore, the report stated.

 


The report also highlighted the growing scale of sports ownership portfolios in India. GMR Group leads with 10 teams across three sports and three continents, making it the largest sports portfolio among Indian owners. JSW Group follows with seven teams and is the only owner present across four sports — cricket, football, kabaddi, and hockey. Reliance Industries and the Shah Rukh Khan family & Mehta Group own multiple cricket franchises across five countries.

 

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RPSG Group and Sun TV Group have expanded their IPL brands internationally through SA20 in South Africa and The Hundred in England, respectively. Meanwhile, the Adani family and Capri Sports have diversified into emerging domestic leagues, including kho-kho and women’s cricket.

 


The report said institutional investors have generated substantial returns through investments in Indian sports franchises. Following the sale of Rajasthan Royals (RR), Lachlan Murdoch achieved a 92.1x return, while Blenheim Chalcot (Manoj Badale) and RedBird Capital realised returns of 24.3x and 7.8x, respectively. United Spirits (Diageo) secured a 37.2x return through the sale of RCB.

 

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Earlier this month, RR was acquired by a consortium led by Lakshmi Mittal and Adar Poonawalla at a valuation of $1.65 billion. In March 2026, RCB was sold to a consortium led by the Aditya Birla Group, alongside The Times Group, Bolt Ventures, and Blackstone, valuing the franchise at $1.78 billion.

 


Newer franchises, however, remain in the early stages of value creation. CVC Capital Partners’ Gujarat Titans (GT) delivered a relatively modest 1.3x return multiple, reflecting the franchise’s early growth phase. Torrent Group acquired a majority stake in GT in February last year.

 

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The report covers six professional leagues and tracks more than 1,300 athletes across cricket, football, kabaddi, hockey, volleyball, and women’s cricket.

 


Raghav Gupta, founder and chief executive officer, Fanatic Sports, said, “India is becoming a sports-embracing nation. Home to 17.8 per cent of the world’s population, India will not just participate in the global sporting economy — it will reshape it. The business of sport here is becoming its own asset class, with its own audiences, its own economics, and its own heroes.”

 

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According to Anas Rahman Junaid, founder and chief researcher, Hurun India, there is serious interest among large business families in acquiring teams in the Women’s Premier League (WPL), India’s second-most valuable sports league, because they believe valuations will rise sharply.

 


Junaid added that when discretionary income doubles, spending on sports — tickets, merchandise, OTT subscriptions, fantasy platforms, fan travel, youth academies — does not grow linearly; it compounds, and the democratisation of Indian sport will give this wave its triple-multiplier effect.

 

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India’s per capita income has just crossed the $2,500 inflection point that economists associate with the shift from essential to discretionary spending, and it is projected to approach $5,000 by 2030, with an estimated 165 million Indians earning over $10,000 a year.

 


The combined valuation of all 10 IPL franchises stands at ₹1.63 trillion ($18 billion). Fifty-nine teams across six leagues hold 763 brand sponsorship partnerships, with the IPL alone accounting for 307, averaging 13 brand partners per franchise.

 

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World Cup 2026: Erling Haaland and Gabriel feud goes global as Norway face Brazil

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One of the Premier League’s most gripping personal feuds goes global on Sunday when Brazil face Norway in the World Cup last 16.

Norway’s irresistible force of Manchester City striker Erling Haaland comes up against Brazil’s immovable object in the shape of Arsenal defender Gabriel in New York New Jersey Stadium.

Haaland and Gabriel have been central figures as their clubs battle for domestic supremacy, creating a rivalry that regularly boils over into animosity.

The outcome of their latest confrontation will go a long way to deciding whether it is Brazil or Norway who advance to the quarter-finals, where they will face either England or Mexico.

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Former England striker Chris Sutton told BBC Sport: “For all the battling for the Golden Boot between the greats such as Lionel Messi, Kylian Mbappe, Harry Kane and Haaland, there have not been any great personal duels. Now we have one.

“This is the standout personal duel of the World Cup so far and make no mistake, it will have a huge bearing on the outcome of the game.

“It is the standout because of the bad feeling we know exists between the pair. I am sure there is a level of respect great players have for each other, but everything we’ve seen between them suggests they don’t like each other too much.”

Former England captain Alan Shearer is also relishing the confrontation between the pair, saying: “That will be a great battle because there is definitely a bit of niggle there.

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“They don’t like each other which is fine, you don’t have to like your opponent, and we have seen them have clashes before so that’s definitely one to look forward to.”

Adding further intrigue is the statistical quirk that five-time world champions Brazil have never beaten Norway in four attempts – drawing two and losing two.

This makes Norway the only side the Selecao have faced, but never won against.

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Complete list of Indian bowlers with 100 T20I wickets ft. Axar Patel 

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India all-rounder Axar Patel was among the few positives as he impressed with the ball during the side’s loss to England in the second T20I of the five-match series. The contest was played on Saturday, July 4 at the Old Trafford Stadium in Manchester.

Opting to bat first, the Men in Blue finished on 190/7, with Ishan Kishan top-scoring with 49 off 40 balls, while Abhishek Sharma (43 off 24), Shreyas Iyer (37 off 22), and Tilak Varma (24* off 11) chipped in with valuable contributions.

In response, England lost Phil Salt and Jos Buttler for ducks in the opening over. However, Harry Brook counterattacked with 39 off 15 balls. Meanwhile, it was Jacob Bethell who steered the side to victory, remaining unbeaten on 76 off 46 balls, hitting five fours and as many sixes as the hosts won by four wickets with an over remaining.

For the Men in Blue, Arshdeep Singh picked 3/40 in his four overs, while Axar Patel was brilliant, taking the wicket of Brook and conceding just 20 runs. His lone wicket in the game was also his 100th scalp in the format. On that note, here we look at all the Indian bowlers who have taken 100 T20I wickets.


#1 Arshdeep Singh

Left-arm seamer Arshdeep Singh became the first Indian bowler to reach 100 wickets in T20Is. He achieved the milestone during the Asia Cup 2025 clash against Oman on September 19. Playing his 64th match, he dismissed Vinayak Shukla to complete the landmark.

He has since remained the leading wicket-taker for India in the format. The 27-year-old has played 88 matches, claiming 134 wickets at an average of 19.44, a strike rate of 13.6, and an economy of 8.53, with best figures of 5/51.

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#2 Jasprit Bumrah

The second cricketer from the nation to achieve the milestone was ace seamer Jasprit Bumrah. The right-arm pacer reached the landmark in his 81st game in the format, which came against South Africa on December 9, 2025, when he dismissed Dewald Brevis.

The 32-year-old has so far played 95 matches in the format, picking up 121 wickets at an average of 18.08, a strike rate of 16.6, and an economy of 6.51, with best figures of 4/15 coming against New Zealand in March 2026 in Ahmedabad.


#3 Hardik Pandya

Premier all-rounder Hardik Pandya reached the milestone of 100 T20I wickets against South Africa on December 14, 2025, in Dharamshala, when he dismissed Tristan Stubbs.

Hardik has played 138 matches in the format, claiming 114 wickets at an average of 27.13, a strike rate of 19.5, and an economy of 8.34. Additionally, the middle-order batter has amassed 2,288 runs, including nine fifties.

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#4 Axar Patel

The latest addition to the list is Axar Patel, who made history by becoming the first Indian spinner to claim 100 T20I wickets. He achieved the feat in the match against England in Manchester on July 4 by dismissing England skipper Harry Brook.

In 98 matches, Axar has now 100 wickets for India at an average of 21.59, a strike rate of 17.5, and an economy of 7.37, with best figures of 3/9. The southpaw also has 736 runs to his credit in 61 innings, including a solitary fifty.