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IPL brand value nearly doubles to $8.4 bn in a year, auction begins today

Friday will see the IPL player auctions for the 2023 edition kick-off in Kochi

IPL brand value almost doubled to $8.4 billion in 2022, shows report
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What is interesting to note is that the combined television and digital rights for the 2023-27 cycle surpassed the previous rights value (of Rs 16,347.50 crore for the 2018-22 cycle) by two-and-a-half times

Viveat Susan Pinto
The brand value of the Indian Premier League (IPL) almost doubled in 2022, a new report by Brand Finance released on Thursday said. The IPL brand value, according to the international brand valuation firm, touched $8.4 billion in 2022 versus $4.7 billion reported in 2021.

This was led by the addition of two new teams and the auction of media rights for the 2023-27 media cycle in June, Ajimon Francis, managing director, Brand Finance India, said.

Friday will see the IPL player auctions for the 2023 edition kick off in Kochi. A total of 405 players, including 273 from