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Media rights auction, new teams push IPL's value over $10 billion: Report

Since 2020, the value of IPL has jumped 75 per cent in dollar terms from $6.2 billion to $10.9 billion

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Representative image | Photo: Shutterstock

BS Web Team New Delhi
The valuation of the Indian Premier League (IPL) topped $10 billion in 2022, according to a new report. Since 2020, the value of the league has jumped 75 per cent in dollar terms from $6.2 billion to $10.9 billion. In terms of the rupee, it has jumped 90 per cent. 

The valuation of the league, according to "Beyond 22 Yards" released by D and P Advisory, jumped primarily by the $6.2 billion sale of media rights and auction of two new teams, Gujarat Titans and Lucknow SuperGiants. The two new teams have a combined value of $1.6 billion. 

"On a