IPL Cricket Team Values Would Soar With A $30 Billion Saudi Investment ...Middle East

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IPL Cricket Team Values Would Soar With A $30 Billion Saudi Investment
Bowling for Dollars: Despite the rise of T20 leagues in cricket, the IPL remains the world’s premier league. Vishal Bhatnagar/NurPhoto via Getty Images The average Indian Premier League team is now worth more than $1 billion. That number would rise from a major Saudi investment. The Indian Premier League Cricket has been a great investment. In 2009, a year after the franchise-owned cricket league launched, Forbes valued the average franchise value at $67 million. In 2022, the average IPL team had soared to $1.04 billion, due to the expectation of the next media contract—a $6 billion deal was inked a few months after our valuations were published—and the influx of private equity money fro

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