The Indian Premier League's business value has climbed to $20.6 billion, up 11.4% year over year, according to Houlihan Lokey's 2026 IPL valuation, with Royal Challengers Bengaluru becoming the first cricket franchise to exceed $300 million.
ReadingA $20 billion cricket league now sits in conversation with MLS and NWSL as a sovereign-wealth destination. The buyer mix tells you: tech money (Blackstone), strategic operators (ABG), and media (TOI) all saw the same ceiling.
WatchWhether the remaining franchise sales (Rajasthan, Mumbai, Delhi) command valuations above $1.2 billion. If they do, the IPL has priced itself into the next capital cycle.