MUMBAI: The stand-alone emblem price of the IPL is now USD 3.2 billion, up by way of 80% from USD 1.8 billion in 2022, whilst the industry undertaking price of the IPL stands at USD 15.4 billion, which is up by way of 80% from USD 8.5 billion in 2022, as in step with a emblem valuation learn about by way of Global funding financial institution Houlihan Lokey, Inc., the result of that have been issued on Monday.
A duplicate of the document is with TOI.
Houlihan Lokey’s Corporate Valuation Advisory Services advises firms on all valuation issues affecting their monetary reporting, tax, and strategic making plans tasks. Offerings come with acquire value allocation (valuation of all got property and liabilities), fairness valuations for inventory, and tax entity valuation for restructuring.
The large surge in IPL’s emblem price is principally because of the have an effect on of the 2023-2027 media rights mega maintain Viacom18 and Disney Star after a extremely aggressive public sale previous this yr. The IPL’s media rights have grown at a CAGR of 18% from 2008 to 2023, whilst the expansion in absolute phrases between the 2017 and 2023 cycles is 196%.
When the IPL’s broadcasting price is when compared with different skilled leagues on the earth on a per-match foundation, the glamorous T20 league ratings above the likes of the National Basketball Association (NBA), the English Premier League (EPL) and the Bundesliga and is 2d best to the National Football League (NFL).
“Created on the American style of franchise-based systems of hiring players, the IPL has established itself as a hugely lucrative sports league, along similar lines as the NFL and the NBA,” says Harsh Talikoti, Senior Vice President, Corporate Valuation Advisory Services at Houlihan Lockey, within the document.
“Besides the exponential growth in brand and business enterprise valuation of the IPL and the franchises, it is interesting to note the prominent shift towards acceptance of digital platforms for sports consumption. Viacom18’s strategic push towards promoting digital viewership in India has undeniably reignited the much- needed excitement surrounding the IPL.
“This shift is clear within the outstanding viewership numbers witnessed all through the present season on Viacom18’s OTT platform, JioCinema. However, Disney Star’s tv viewing numbers have been additionally very encouraging this yr, reaching file ranges,” added Talikoti.
CSK lead emblem valuation race
With a emblem price of USD 212 million, multiplying year-on-year at whopping 45.2%, IPL-2023 champions Chennai Super Kings are ranked No. 1 in each emblem rating and industry undertaking price rating. Royal Challengers Bangalore rank 2d relating to emblem price at USD 195 million. Rajasthan Royals made the best possible incremental emblem price soar in share phrases year-on-year of 103%.
An iconic IPL emblem, CSK have been valued at USD 146 million in 2022 final yr, courtesy the large approval for captain MS Dhoni. Royal Challengers Bangalore (RCB) now rank 2d relating to emblem and undertaking price rating, surpassing Mumbai Indians, who have been positioned 2d in 2022. RCB’s emblem price grew by way of 52.3% to US$195 million in 2023 from US$128 million in 2022, as in step with the document.
RCB is among the most well liked franchises the arena because of the presence of former India and RCB captainIn Virat Kohli.
Five-time IPL champions Mumbai Indians are a detailed 3rd at the desk with a 2023 emblem price of USD 190 million. Despite no longer making it to the IPL playoffs for the final two seasons, MI grew by way of 34.8% from its 2022 emblem price of USD 141 million.
As in step with the document, the Shah Rukh Khan-owned Kolkata Knight Riders (KKR) emblem price is ranked fourth within the 2023 emblem price chart with a worth of USD 181 million, rising by way of 48.4% yoy from USD 122 million.
A duplicate of the document is with TOI.
Houlihan Lokey’s Corporate Valuation Advisory Services advises firms on all valuation issues affecting their monetary reporting, tax, and strategic making plans tasks. Offerings come with acquire value allocation (valuation of all got property and liabilities), fairness valuations for inventory, and tax entity valuation for restructuring.
The large surge in IPL’s emblem price is principally because of the have an effect on of the 2023-2027 media rights mega maintain Viacom18 and Disney Star after a extremely aggressive public sale previous this yr. The IPL’s media rights have grown at a CAGR of 18% from 2008 to 2023, whilst the expansion in absolute phrases between the 2017 and 2023 cycles is 196%.
When the IPL’s broadcasting price is when compared with different skilled leagues on the earth on a per-match foundation, the glamorous T20 league ratings above the likes of the National Basketball Association (NBA), the English Premier League (EPL) and the Bundesliga and is 2d best to the National Football League (NFL).
“Created on the American style of franchise-based systems of hiring players, the IPL has established itself as a hugely lucrative sports league, along similar lines as the NFL and the NBA,” says Harsh Talikoti, Senior Vice President, Corporate Valuation Advisory Services at Houlihan Lockey, within the document.
“Besides the exponential growth in brand and business enterprise valuation of the IPL and the franchises, it is interesting to note the prominent shift towards acceptance of digital platforms for sports consumption. Viacom18’s strategic push towards promoting digital viewership in India has undeniably reignited the much- needed excitement surrounding the IPL.
“This shift is clear within the outstanding viewership numbers witnessed all through the present season on Viacom18’s OTT platform, JioCinema. However, Disney Star’s tv viewing numbers have been additionally very encouraging this yr, reaching file ranges,” added Talikoti.
CSK lead emblem valuation race
With a emblem price of USD 212 million, multiplying year-on-year at whopping 45.2%, IPL-2023 champions Chennai Super Kings are ranked No. 1 in each emblem rating and industry undertaking price rating. Royal Challengers Bangalore rank 2d relating to emblem price at USD 195 million. Rajasthan Royals made the best possible incremental emblem price soar in share phrases year-on-year of 103%.
An iconic IPL emblem, CSK have been valued at USD 146 million in 2022 final yr, courtesy the large approval for captain MS Dhoni. Royal Challengers Bangalore (RCB) now rank 2d relating to emblem and undertaking price rating, surpassing Mumbai Indians, who have been positioned 2d in 2022. RCB’s emblem price grew by way of 52.3% to US$195 million in 2023 from US$128 million in 2022, as in step with the document.
RCB is among the most well liked franchises the arena because of the presence of former India and RCB captainIn Virat Kohli.
Five-time IPL champions Mumbai Indians are a detailed 3rd at the desk with a 2023 emblem price of USD 190 million. Despite no longer making it to the IPL playoffs for the final two seasons, MI grew by way of 34.8% from its 2022 emblem price of USD 141 million.
As in step with the document, the Shah Rukh Khan-owned Kolkata Knight Riders (KKR) emblem price is ranked fourth within the 2023 emblem price chart with a worth of USD 181 million, rising by way of 48.4% yoy from USD 122 million.