10. Gujarat Titans

Currently, the team is valued at USD 850 million. The revenue and operating income are not available. But, the team is owned by CVC Capital Partners. This team has the Narendra Modi International Stadium as their home ground. As this team is new to the circuit, it will take up some time to increase its value.

9. Punjab Kings

Currently, the team is valued at USD 925 million. The Kings have been a part of the IPL since 2008, and have reached the finals once in 2014. The revenue, as provided by Forbes, is around USD 31.2 million. Apart from that, the operating income stands at USD 9.8 million.

8. Sunrisers Hyderabad

SRH is valued at USD 970 million in 2022. Adding on, the revenue of the team is around USD 31.8 million with an operating income of USD 3.2 million. With Sun TV owning the Hyderabad-based franchise, it has got all the popular support from the state.

7. Rajasthan Royals

The operating income of the team is around USD 6.6 million and it is currently owned by Emerging Media Ltd. As it has an abundance of superstars from the shortest format of the game, its market value is likely to increase. If they manage to win the league this time, it will add a cherry to the cake as well.

6. Royal Challengers Bangalore

RCB has revenue of USD 36.4 million as well. With an operating income of USD 9.7 million, it is one of the biggest franchises on the circuit. The team is owned by United Breweries and it is one of the biggest names in the business sector of India.

5. Delhi Capitals

Delhi Capitals is currently valued at USD 1.035 billion and has a revenue of USD 35.4 million. Adding on the operating income of the side, as provided by Forbes is USD 8.3 million. The team is co-owned by GMR Group and JSW Group.

4. Lucknow Super Giants

LSG has some big names in the T20 circuit. With Rahul, Bishnoi, Pandya, Stoinis, and Hooda on the side, they have performed decently as a new team. The side is currently valued at USD 1.075 billion. Although the revenue and operating income are unknown, the side is owned by RP-Sanjiv Goenka Group, one of the most influential companies in the Indian business market.

3. Kolkata Knight Riders

The side has an operating income of USD 14.1 million. With Shah Rukh Khan as the co-owner, the value of the team goes on increasing year by year mainly because of his business ventures. Adding on, he has invested a huge amount of trust and support for his team.

2. Chennai Super Kings

The side is currently valued at USD 1.15 billion. With so many big names in the circuit, it has been one of the most popular teams. The side’s revenue is around USD 41.2 million and its operating income of USD 14.8 million. Even though CSK was banned in 2016 and 2017, its popularity has never declined.

1. Mumbai Indians

Mumbai Indians have a market value of USD 1.3 billion. The team has revenue of USD 33 million to its name. Adding on, the big names on the side have fuelled its popularity. The team is owned by Reliance Industries, one of the biggest names in the circuit. An operating income of USD 5.5 million shows its value as a team.