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Value of IPL franchises outpacing NFL and NBA teams, says Forbes

Mumbai Indians is estimated to be the most valuable Indian Premier League franchise. (Photo by Robert Cianflone/Getty Images)

The value of Indian Premier League franchises is growing faster than the value of National Football League and National Basketball Association teams, according to research by Forbes business magazine.

The magazine estimates the average value of IPL franchises has increased from $67m (€63.3m) in 2009, a year after the T20 cricket tournament was established, to $1bn as of 2022; an average annualised growth rate of 24 per cent.

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