IPL: Sunrisers Hyderabad's net worth and sources of revenue
With a net value of INR 498 crore, SRH are the fifth-richest franchise in the T20 league.
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Sunrisers Hyderabad (SRH) are one of the successful franchises in the Indian Premier League (IPL). Under the leadership of David Warner, the team won the title and showcased their mettle in 2016. In 2018, they qualified for the finals for the second time but could not go all the way. However, they lost to MS Dhoni-led Chennai Super Kings (CSK) on the main day and couldn’t lift the trophy.
Talking about their off-the-field achievements, SRH are the fifth-richest franchise in the cash-rich league, with a net worth value of INR 498 crore. After the conclusion of the T20 extravaganza every year, Sunrisers go home with the big bucks. For years, the Hyderabad-based franchise has earned a lot of money through the league.
Talking more about it, let’s have a look at SRH’s net worth and source of revenue
1. Media rights
Franchises in the league bank on the Board of Contol for Cricket in India’s (BCCI) earnings from the IPL media rights. As per BCCI’s revenue distribution system, the board removes its part from the media revenue and shares the remaining amount among the franchises. The title-winning squad gets the highest percentage of the collection.
In 2022, the richest cricket board sold the media rights package for the 2023-27 IPL seasons for INR 48,390 crore. This auction attracted a lot of eyes as it made the league the second-most successful sporting league in the world, following the National Football League of the United States (US).
This incredible deal will benefit the 2016 IPL champions SRH, too, as all the IPL franchises are set to witness a rise in their revenues. As per a few reports, there are some estimations that the profit of Sunrisers might get doubled in the future due to the sale of media rights.
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