Mumbai Indians most valuable IPL team of 2022

MUMBAI: The Indian Premier League 2022 has not been an easy ride so far for five-time champions Mumbai Indians but according to Forbes, the Mumbai-based franchise is the most valuable IPL team of this season.

According to Forbes, the Mumbai-based franchise has a value of $1.3 billion closely followed by Chennai Super Kings, which are valued at $1.15 billion.

Chennai Super Kings too have not performed well in this season so far, winning only two out of eight matches.

The other teams including Kolkata Knight Riders ($1.1 billion), the new entrant of IPL 2022 Lucknow Super Giants ($1.075 billion) and Delhi Capitals ($1.035 billion) are next while Royal Challengers Bangalore ($1.025 billion), Rajasthan Royals ($1 billion), Sunrisers Hyderabad ($970 million), Punjab Kings ($925 million) and Gujarat Titans ($850 million) complete the list.

According to the valuation done by Forbes, the average worth of each franchise was $67 million, but with the league having recently expanded to ten clubs, that average is now up to $1.04 billion, an annualized growth rate of 24 per cent. IANS

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