For the primary time in 5 years, the model worth of the Indian Premier League (IPL) has fallen by 20%, touching $9.6 billion for 2025 in contrast with $12 billion in 2024, model valuation and consultancy agency Model Finance mentioned in its newest report. This will even be the primary time in two years that the IPL’s model worth has slipped beneath the $10-billion mark, the consultancy famous.
The model insights agency attributed the decline to geopolitical elements and uncertainty linked to workforce reshuffles. This uncertainty has additionally been mirrored within the model values of the highest 4 franchises — Mumbai Indians (MI), Royal Challengers Bengaluru (RCB), Chennai Tremendous Kings (CSK) and Kolkata Knight Riders (KKR) — which fell by 9–33% in 2025. Final 12 months, these groups had crossed the $100-million mark in model worth, rising between 36% and 70%.
IPL’s total model worth had earlier fallen by over 20% in 2020 as a result of Covid-19 pandemic.
Engagement drives development
“The league has navigated regional conflicts and demonstrated a promising evolution in worth creation, reflecting robust engagement on and off the sphere,” mentioned Ajimon Francis, Managing Director, Model Finance.
The T20 league had first crossed the $10-billion mark in 2023 and stayed above that stage via 2024. Model Finance mentioned the IPL achieved a robust on-line broadcasting file with 384.6 billion minutes of watch time within the 2025 season, underscoring its engagement and accessibility.
Mumbai Indians emerged as probably the most worthwhile workforce with a model worth of $108 million, rising from second place final 12 months. MI additionally retained its third place in model energy, with a Model Energy Index (BSI) rating of 85.0 out of 100.
RCB’ model worth surges
Reigning champions RCB ranked second with a model worth of $105 million, climbing to second place in BSI with a rating of 89.5.
Chennai Tremendous Kings, third this 12 months with a model worth of $93 million, confronted uncertainties round workforce composition, management, and participant combos in the course of the season. Nonetheless, it recorded the strongest BSI at 92.6 out of 100.
Model Finance additionally highlighted vital development potential for the highest 5 IPL groups, with alternatives to raise model values nearer to main soccer leagues such because the Premier League, La Liga, Bundesliga, Serie A, and Ligue 1. The mixed model worth of the highest 5 IPL groups stands at $449 million, about thrice decrease than high groups in these leagues, whose model values vary from $2 billion (Ligue 1) to $6.9 billion (Premier League).
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