How does the auction work

• Started in the year 2008

• The IPL auction is a yearly event conducted by BCCI
• How Much Budget Does Each Team get?
• What are the Different Categories of Players in the IPL
Auctions?
• How Many Players are Listed in the Auction?
• What is the Player Base Price? How are the Prices of the
Players Set?
• How Many Players are Required in the Team Squad?
 Clubs valuation in the year 2008
No. 1: Mumbai Indians

Owner: Reliance Industries

Value: $80 million

Value Change: up 22%

Revenue: $22.1 million

Jersey Sponsor: MasterCard
• No. 2: Royal Challengers Bangalore
• Owner: United Breweries

Value: $76 million

Value Change: up 20%

Revenue: $21.2 million

Jersey Sponsor: Royal Challenge

• No. 3: Deccan Chargers
• Owner: Deccan Chronicle

Value: $73 million

Value Change: up 18%

Revenue: $20.3 million

Jersey Sponsor: Deccan Chronicle

• No. 4: Chennai Super Kings
• Owner: India Cements

Value: $69 million

Value Change: up 31%

Revenue: $24.7 million

Jersey Sponsor: Aircel
• No. 5: Rajasthan Royals
• Owner: Emerging Media

Value: $67 million

Value Change: up 71%

Revenue: $22.2 million

Jersey Sponsor: UltraTech Cement

• No. 6: Kolkata Knight Riders
• Owner: Three-person partnership

Value: $61 million

Value Change: up 41%

Revenue: $22.8 million

Jersey Sponsor: Nokia
• No. 7. Dehli Daredevils
• Owner: Grandhi Mallikarjuna Rao

Value: $60 million

Value Change: up 25%

Revenue: $21.8 million

Jersey Sponsor: Hero Honda

• No. 8: Kings XI Punjab
• Owner: Four-person partnership

Value: $53 million

Value Change: up 20%

Revenue: $19.6 million

Jersey Sponsor: Emirates Airline

 What are factors behind team valuation

• Celebrity owners
• Brand players
• Geographical locations and demographics
• Team’s performance
 Boom in Media Rights

Credits:
https://www.bcci.tv/articles/2021/news/155106/bcci-
announces-tender-of-ipl-media-rights-for-2023-2027-cycle
Broadcasting Rights 2008-2017
Broadcasting Rights 2018-2022
Boom in International Market