MUMBAI: The stand-alone model worth of the IPL is now USD 3.2 billion, up by 80% from USD 1.8 billion in 2022, whereas the business enterprise worth of the IPL stands at USD 15.4 billion, which is up by 80% from USD 8.5 billion in 2022, as per a model valuation research by Global funding financial institution Houlihan Lokey, Inc., the outcomes of which have been issued on Monday.
A duplicate of the report is with TOI.
Houlihan Lokey’s Corporate Valuation Advisory Services advises corporations on all valuation issues affecting their monetary reporting, tax, and strategic planning initiatives. Offerings embrace buy worth allocation (valuation of all acquired property and liabilities), fairness valuations for inventory, and tax entity valuation for restructuring.
The huge surge IPL’s model worth is principally do the influence of the 2023-2027 media rights mega take care of Viacom18 and Disney Star after a extremely aggressive public sale earlier this 12 months. The IPL’s media rights have grown at a CAGR of 18% from 2008 to 2023, whereas the expansion in absolute phrases between the 2017 and 2023 cycles is 196%.
When the IPL’s broadcasting payment is in contrast with different skilled leagues on the earth on a per-match foundation, the glamorous T20 league scores above the likes of the National Basketball Association (NBA), the English Premier League (EPL) and the Bundesliga and is second solely 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 Lokey, within the report.
“Besides the exponential growth in brand and business enterprise valuation of the IPL and the franchisees, 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 through the present season on Viacom18’s OTT platform, JioCinema. However, Disney Star’s tv viewing numbers have been additionally very encouraging this 12 months, attaining document ranges,” added Talikoti.
CSK lead model valuation race
With a model worth of USD 212 million, multiplying year-on-year at whopping 45.2%, IPL-2023 champions Chennai Super Kings are ranked No. 1 in each model rating and business enterprise worth rating. Royal Challengers Bangalore rank second when it comes to model worth at USD 195 million. Rajasthan Royals made the very best incremental model worth leap in share phrases year-on-year of 103%.
An iconic IPL model, CSK have been valued at USD 146 million in 2022 final 12 months, courtesy the large reputation of captain MS Dhoni. Royal Challengers Bangalore (RCB) now rank second when it comes to model and enterprise worth rating, surpassing Mumbai Indians, who have been positioned second in 2022. RCB’s model worth grew by 52.3% to US$195 million in 2023 from US$128 million in 2022, as per the report.
RCB is among the hottest franchises the world because of the presence of former India and RCB captIn Virat Kohli.
Five-time IPL champions Mumbai Indians are a detailed third on the desk with a 2023 model worth of USD 190 million. Despite not making it to the IPL playoffs for the final two seasons, MI grew by 34.8% from its 2022 model worth of USD 141 million.
As per the report, the Shah Rukh Khan-owned Kolkata Knight Riders (KKR) model Value is ranked fourth within the 2023 model worth chart with a worth of USD 181 million, rising by 48.4% y-o-y from USD 122 million.
A duplicate of the report is with TOI.
Houlihan Lokey’s Corporate Valuation Advisory Services advises corporations on all valuation issues affecting their monetary reporting, tax, and strategic planning initiatives. Offerings embrace buy worth allocation (valuation of all acquired property and liabilities), fairness valuations for inventory, and tax entity valuation for restructuring.
The huge surge IPL’s model worth is principally do the influence of the 2023-2027 media rights mega take care of Viacom18 and Disney Star after a extremely aggressive public sale earlier this 12 months. The IPL’s media rights have grown at a CAGR of 18% from 2008 to 2023, whereas the expansion in absolute phrases between the 2017 and 2023 cycles is 196%.
When the IPL’s broadcasting payment is in contrast with different skilled leagues on the earth on a per-match foundation, the glamorous T20 league scores above the likes of the National Basketball Association (NBA), the English Premier League (EPL) and the Bundesliga and is second solely 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 Lokey, within the report.
“Besides the exponential growth in brand and business enterprise valuation of the IPL and the franchisees, 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 through the present season on Viacom18’s OTT platform, JioCinema. However, Disney Star’s tv viewing numbers have been additionally very encouraging this 12 months, attaining document ranges,” added Talikoti.
CSK lead model valuation race
With a model worth of USD 212 million, multiplying year-on-year at whopping 45.2%, IPL-2023 champions Chennai Super Kings are ranked No. 1 in each model rating and business enterprise worth rating. Royal Challengers Bangalore rank second when it comes to model worth at USD 195 million. Rajasthan Royals made the very best incremental model worth leap in share phrases year-on-year of 103%.
An iconic IPL model, CSK have been valued at USD 146 million in 2022 final 12 months, courtesy the large reputation of captain MS Dhoni. Royal Challengers Bangalore (RCB) now rank second when it comes to model and enterprise worth rating, surpassing Mumbai Indians, who have been positioned second in 2022. RCB’s model worth grew by 52.3% to US$195 million in 2023 from US$128 million in 2022, as per the report.
RCB is among the hottest franchises the world because of the presence of former India and RCB captIn Virat Kohli.
Five-time IPL champions Mumbai Indians are a detailed third on the desk with a 2023 model worth of USD 190 million. Despite not making it to the IPL playoffs for the final two seasons, MI grew by 34.8% from its 2022 model worth of USD 141 million.
As per the report, the Shah Rukh Khan-owned Kolkata Knight Riders (KKR) model Value is ranked fourth within the 2023 model worth chart with a worth of USD 181 million, rising by 48.4% y-o-y from USD 122 million.
Source: timesofindia.indiatimes.com