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IPL valuation rises to $16.4 billion in 2024, Chennai Super Kings remain most valued franchise: Report | Cricket News

Danijones9 months ago05 mins

NEW DELHI: The value of the Indian Premier League (IPL) increased by 6.5 per cent, reaching USD 16.4 billion (approximately Rs 1,34,858 crore) in 2024, as reported by American investment bank Houlihan Lokey.The brand value of the lucrative T20 league saw a 6.3 per cent rise, climbing to USD 3.4 billion (around Rs 28,000 crore) year-on-year.The increase in IPL’s value is driven by a significant title sponsorship agreement with Tata Group, spanning five years from 2024 to 2028, worth roughly USD 300 million (Rs 2,500 crore). The Tata Group is paying about 50 per cent more than the previous deal of Rs 335 crore per season.“This significant investment, coupled with last year’s massive media rights auction, underscores the IPL’s status as a pivotal platform for esteemed brands seeking to enhance their value,” the report highlighted.Beyond major events like the Olympics, FIFA World Cup, and Cricket World Cup, the IPL is unique in its ability to engage over a billion people globally, extending its appeal beyond the Indian subcontinent.Brand value encompasses the monetary worth of intangible assets, including trade names and trademarks.Harsh Talikoti, Senior Vice President, Corporate Valuation Advisory Services, Houlihan Lokey, said “Today, the IPL commands widespread recognition, firmly entrenched as a household name with a robust brand recall among successive generations.” According to the report, IPL has been evaluated both as a legal business entity and as a brand. The assessment considered the standalone income and cash-generation potential of the IPL.The Chennai Super Kings (CSK) remain the most valued IPL franchise, while the Kolkata Knight Riders (KKR) experienced the highest annual growth.“There has been a significant increase in franchise revenue over the years, primarily driven by revenue from television rights, despite each team having sponsorship revenue ranging from USD 5-12 million. A major agreement was signed by Qatar Airways for around USD 9 million (Rs 75 crore) for a three-year contract with Royal Challengers Bengaluru,” the report said.Ranking second in terms of brand and business value is the Royal Challengers Bengaluru (RCB) with a worth of USD 227 million, followed by the Mumbai Indians (MI) with a brand value of USD 204 million.Rajasthan Royals (RR) secured the fifth position with a brand value of USD 133 million.“RR also had the majority of sponsors on their roster renewing their association, showcasing its attractiveness as one of the fastest-growing brands within the IPL ecosystem. These factors helped RR jump two places to the fifth spot,” it said.Sunrisers Hyderabad (SRH), with a brand value of USD 132 million, stands sixth on the list.“Having done exceptionally well at the auction and developing a new squad under the leadership of Pat Cummins, SRH managed to pick the stars of the recently concluded World Cup that contributed to the franchisees’ great performance,” the report said.Delhi Capitals, benefiting from the return of its captain and most marketable asset, Rishabh Pant, ranked seventh with a brand value of USD 131 million.The Gujarat Titans are ranked eighth with a brand value of USD 124 million. Meanwhile, Punjab Kings (PBKS) hold a brand value of USD 101 million, and Lucknow Super Giants have a brand value of USD 91.0 million, the report concluded.(With inputs from PTI)

“All Eyes On Vaishno Devi”: Pakistan Star Pacer Hassan Ali’s Post On Reasi Terrorist Attack Viral

Danijones9 months ago03 mins

Pakistan star pacer Hassan Ali’s wile Samiya hails from India.© Instagram A deadly terror attack on a bus carrying pilgrims in Jammu and Kashmir’s Reasi district has grabbed the world’s attention. Nine people were killed and 41 injured as the terrorists opened fire at the 53-seater bus, which was on its way from the Shiv Khori temple to the Mata Vaishno Devi shrine in Katra, causing it to veer off the road and fall into a deep gorge near the Teryath village of the Poni area of Reasi on Sunday evening. Pakistan cricket team pacer Hassan Ali has reacted on the attack with a post which has gone viral. “All eyes on Vaishno Devi attack,” he posted on Instagram story. Ali’s wife Samiya hails from India. The Jammu and Kashmir Police on Tuesday released a sketch of a terrorist involved in the attack on a passenger bus in Reasi district and announced a ₹ 20 lakh reward for information about him. “Reasi police announce a reward of INR 20 lakh for any fruitful information about the whereabouts of the terrorist involved in the recent attack on the yatri bus in the area of Pouni,” a police spokesman said. The sketch of the terrorist was prepared based on the description given by eyewitnesses, he said and appealed to people provide information. Extensive efforts to track down the terrorists involved in the attack was underway on Tuesday, with 11 teams of security personnel working on the ground and a multi-directional cordon laid around the Ranso-Poni-Treyath belt, officials said. Hassan Ali has played 24 Tests (80), 66 ODIs (100) and 51 T20Is (60) for Pakistan. Ali is not part of the Pakistan cricket team that is playing at the T20 World Cup 2024. Pakistan’s performance at the T20 World Cup has been criticised as its hopes of advancing to the Super 8 looks very difficult. Pakistan has so far lost two out of the three games that it has played, including one against India. Topics mentioned in this article

Monak Patel misses out as USA make two major changes – India TV

Danijones9 months ago03 mins

Image Source : GETTY Indian players during the IND vs PAK T20 World Cup clash in New York on June 9, 2024 Rohit Sharma won the crucial toss as India elected to bowl first against the United States of America in the 25th match of the ICC T20 World Cup 2024 on Wednesday, June 12. The USA missed out their skipper and star batter Monak Patel from their playing eleven while India fielded the same starting eleven. Aaron Jones walked out for a toss ahead of Monak Patel in a surprise for the home fans. Rohit confirmed the same playing eleven for the third consecutive game leaving out the likes of Kuldeep Yadav and Sanju Samson to the bench. “We will bowl first,” Rohit said after winning the toss. “Pitch has played better in the last two games. You gotta understand what you need to do, assess conditions quickly. Gotta constantly get better in two games and continuing doing the good things that we have. Pitch will challenge in different ways. Same team.” Jones revealed a niggle behind Monak’s surprise absence from the team. Shayan Jahangir came in for Monak while Shadley van Schalkwyk replaced pacer Nosthush Kenjige in two changes to the USA’s playing eleven against India. “We would have bowled first as well, there’s some help for the bowlers early,” Aaron Jones said. “He’s having a niggle and should be back quickly. It should be a good game and we’re looking to play well. The camp is very positive, just looking to play some good cricket. Shayan Jahangir replaces Monank and Shadley is in for Nosthush.” India playing XI: Rohit Sharma (c), Virat Kohli, Rishabh Pant (wk), Suryakumar Yadav, Shivam Dube, Hardik Pandya, Ravindra Jadeja, Axar Patel, Jasprit Bumrah, Arshdeep Singh, Mohammed Siraj. USA playing XI: Steven Taylor, Shayan Jahangir, Andries Gous (wk), Aaron Jones (c), Nitish Kumar, Corey Anderson, Harmeet Singh, Shadley van Schalkwyk, Jasdeep Singh, Saurabh Netravalkar, Ali Khan.

Spanish stars Rafael Nadal and Carlos Alcaraz form dream team for Paris Olympics 2024 – India TV

Danijones9 months ago03 mins

Image Source : GETTY Carlos Alcaraz and Rafael Nadal during the BNP Paribas Open game in Indian Wells on March 19, 2022 In a big treat to fans, Rafael Nadal and Carlos Alcaraz are set to play together in the upcoming Paris Olympics 2024. The Royal Spanish Tennis Federation revealed that the star duo will represent Spain in the men’s doubles in the Summer Olympics on Wednesday, June 12. Nadal, the recipient of a record 14 French Open titles, will partner the latest Roland-Garros winner Alcaraz in the Olympics. Fans were tipping both players to feature together in the Paris Olympics as the 22-time Grand Slam winner is rapidly approaching his retirement from professional tennis. Alcaraz, 21, bagged his maiden French Open title by beating Germany’s Alexander Zverev in the five-set thriller last Sunday. Alcaraz revealed his desire to win a gold in the Olympics after his selection in the Spain’s star-studded team. “The Olympic Games are every four years and it’s a special tournament where you’re not only playing for yourself, but for a country, representing every Spaniard,” Alcaraz said. “I think this year I’d choose Olympic gold.” Nadal also set his eyes on the Paris Olympics after a disappointing first-round exit at Roland Garros. Nadal, who famously won the Gold in the 2008 Olympics in Beijing, said that playing in Paris is his main goal. “My main goal now is to play Olympics,” Nadal said on May 27. “That’s going to be here. So I need to prepare myself the proper way to try to arrive here healthy and well prepared, and then let’s see.” Notably, Nadal is only male tennis player after Andre Agassi to win all four Grand Slam medals and Olympics gold in singles, making it a ‘career golden slam’. Alcaraz will also be chasing this historic feat having already won Wimbledon (2023) and US Open (2022). Spain’s men’s team for the Paris Olympics: Rafael Nadal, Carlos Alcaraz, Pablo Carreno Busta, Alejandro Davidovich and Marcel Granollers. Spain’s women’s team for the Paris Olympics: Anabel Medina, Sara Sorribes Tormo, Cristina Bucsa.

Bangladesh vs Netherlands Match Prediction, Betting Tips & Odds – T20 World Cup 2024

Vann Hiso9 months ago9 months ago05 mins

Get to Know Who will win BAN vs NED T20 World Cup 2024 match and toss Prediction with Head to Head stats, CBTFJSK Tips, Dream11 Prediction, Betting Rates, Live score & winning percentage. 𝐌𝐀𝐓𝐂𝐇 : Bangladesh vs Netherlands 𝐃𝐀𝐓𝐄 : Jun 13, 2024𝐓𝐈𝐌𝐄 : 20:00 IST / 14:30 GMT𝐕𝐄𝐍𝐔𝐄 : Arnos Vale Ground – Arnos Vale, Saint Vincent And The Grenadines 𝐓𝐎𝐔𝐑𝐍𝐀𝐌𝐄𝐍𝐓 : T20 World Cup 2024 Bangladesh vs Netherlands Betting Tips We back Towhid Hridoy to be the top batter for Bangladesh. He is having a good year since the BPL where he was the highest run scorer. He is batting at a strike rate of 142 on these difficult pitches. Rishad Hossain will be the top bowler as he is the leading spin bowler for BAN and has picked 4 wickets in 2 matches.For Netherlands, we back Max O’Dowd to be the top batter. He is the leading run scorer for NED with a strike rate of above 100. In bowling, the top player will be Logan van Beek who has picked 5 wickets in 2 matches at an impressive strike rate of 8.8.Netherlands will have a hard time facing Bangladesh bowling attack which looks sharp with a good combination of spinners and pacers. NED total score is first 6 overs will be under 35.5 Bangladesh vs Netherlands TV channels: The fans can watch the match live on Hotstar Live Streaming: Live streaming of the match will be available on the FAFA191 Cricket Exchange India and website. Bangladesh vs Netherlands Match Prediction & Betting Tips, T20 World Cup 2024 Bangladesh and Netherlands will lock horns in the 27th match of the T20 World Cup 2024. The match is scheduled to take place at Arnos Vale Ground in Kingstown, St Vincent on 13th June 2024, starting at 8:00 PM IST. It will be an exciting contest between these two as both are fighting for the 2nd position in Group D. Bangladesh started off with a win against Sri Lanka but lost the second match to South Africa. They are sitting at the 2nd position on the points table. Netherlands is facing the same fate as they lost the last match against South Africa after winning the first match against Nepal. Take a look at the detailed predictions for the BAN vs NED match of the T20 World Cup 2024. Bangladesh vs Netherlands Match Toss PredictionThe pitch here offers a good track for the bowlers so we expect the toss winner to bat first. Bangladesh vs Netherlands Pitch ReportThis will be the first fixture at this venue. Arnos Vale Ground offers a balanced track with help for batters and bowlers, especially spin bowlers. There will be a lot of turn and as the pitch deteriorates, it can provide more assistance to the spinners. St Vincent Weather ReportThe weather report shows a cloudy day in Arnos Vale on Thursday. There are few chances of showers and the temperature will hover around 31°C. Read on for team previews, betting tips, latest odds, and match prediction for Bangladesh vs Netherlands, T20 World Cup 2024

T20 World Cup: Impending ‘epic’ India vs USA match spins hilarious memes

Danijones9 months ago04 mins

India and USA will be going head to head after both teams emerged undefeated across all its Group A matches at the currently ongoing men’s cricket T20 World Cup. The American cricket team found itself in the spotlight following its edge-of-the-seat thrilling victory against the seasoned Pakistani cricket team in Dallas, on June 6. Indian-origin cricketer Saurabh Netrvalkar bowled over cricket fans with his super over which led team USA to victory. With India having its own charged and torrid cricket history with Pakistan, fans will now soon be glued to their screen of choice to see who emerges victorious. The India vs USA match will go live at 8 pm on June 12 Memes galore ahead of USA vs India match The India vs USA match is set to take place at New York City’s Nassau County International Cricket Stadium at 8PM IST. While Monank Patel is captaining the American team, Rohit Sharma is leading the charge for team India. The much anticipated showdown will determine which of the two teams moves ahead in the keynote tournament. Additionally, if India wins the match, they will secure a place for themselves in the Super 8 owing to their enviable net run rate. Even before the match commences memes have flooded the internet, many of which are anticipating a win for India against USA. Now catch your favourite game on Crickit. Anytime Anywhere. Find out how A few of the memes are also forecasting team USA feeling the heat as it gears up to go ahead against India, considering the latter’s mammoth international cricket cred. All eyes appear to be on batter Suryakumar Yadav, affably called SKY, who is expected to supercharge India to its forecasted victory against the States. Though there are many who are already convinced with regards to India’s victory over the USA in the match, there are still a few meme-appeals for the former to go a little easy on the latter so as to not shake their net run rate. Almost half the American cricket team is actually Indian Right off the bat, pun intended, the USA team is led by Indian cricketer Monank Patel. As a matter of fact, 7 of the 15 men on the team are of Indian origin, with 2 having Pakistani roots. This team build-up has a meme base of its own. The India vs USA T20 World Cup group stage match will be streaming live on Star Sports and DD Sports. Get World Cup ready with Crick-it! From live scores to match stats, catch all the action here. Explore now! See more News / HTCity / T20 World Cup: Impending ‘epic’ India vs USA match spins hilarious memes

Watch: Team India’s day out with kids in New York ahead of clash against USA | Cricket News

Danijones9 months ago02 mins

NEW DELHI: Team India stars Rishabh Pant and Yashasvi Jaiswal were among several other players seen enjoying their off-time with kids in New York on Tuesday.The fun-filled day saw the players relaxing and interacting with the kids.Along with Pant and Jaiswal, Ravindra Jadeja, Shivam Dube, Sanju Samson, Avesh Khan, Yuzvendra Chahal, Rinku Singh and Kheleel Ahmed were present at the day out. Head coach Rahul Dravid and fielding coach T Dilip also accompanied the players. Earlier, ahead of their game against co-hosts USA, India’s Consul General in New York Binaya Srikanta Pradhan hosted the team.Pradhan and the Indian diaspora in New York welcomed the contingent led by skipper Rohit Sharma and head coach Dravid.BCCI president Roger Binny, vice president Rajeev Shukla and secretary Jay Shah were also present with the team.Rohit and Co. are unbeaten in the tournament so far, registering eight-wicket and six-run wins over Ireland and Pakistan, respectively.

How many Heads in Australia? Ashwin daughter’s ‘too complicated’ query during Australia vs England game | Cricket News

Danijones9 months ago02 mins

NEW DELHI: Ravichandran Ashwin might not be with the Indian team in the ongoing T20 World Cup in the Americas but the premier spinner has been enjoying the matches in his off-time and spending quality time with family.Along with supporting Team India, the 37-year-old has been busy on social media, sharing interesting insights and occasionally teasing other teams playing the World Cup.And when Ashwin was enjoying the game between arch-rivals Australia and England, he had an interesting query from her daughter.Sharing the incident on social media, Ashwin played out the entire sequence of events with daughters in which one of them asked — “How many Heads are there in the Australian team?”, referring to Australian opener Travis Head. Ashwin and his family are currently holidaying in Europe.The Indian team will be playing their third group game against co-hosts USA on Wednesday.Rohit Sharma and Co. currently sit at the top in Group A with two wins in two games (4 points). USA (4 points) are second on the table while Pakistan (2 points) are third followed by Canada and Ireland.

Rs 135, 000 Crore: Report Claims IPL’s Business Value, Says MI Not Most Valued Team, It Is…

Danijones9 months ago04 mins

The IPL 2024 was huge success for Kolkata Knight Riders, with the Shah Rukh Khan-owned franchise winning its third title. IPL, overall as an entity, has grown manifold financially too in the past one year. Houlihan Lokey, a global investment bank, in its latest report has said that IPL’s business value grew by 6.5 per cent while its brand value increased by 6.3 per cent over the past one year. The report also said revealed the IPL franchises’ brand value and surprisingly the star-studded Mumbai Indians or Royal Challengers Bengaluru are not the most valued team. “Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, today issued the 2024 IPL Brand Valuation Study, its comprehensive report into the business enterprise and brand values of the Indian Premier League (IPL),” a press release from the bank said. “According to the report, the value of IPL as a business has surged to US$16.4 billion, up by 6.5% (INR 135,000 crores), reflecting the continued strength and global appeal of the league. The stand-alone brand value of the IPL has increased by 6.3% to US$3.4 billion (INR 28,000 crores), over the past year. “The title sponsorship for the IPL has been secured by the Tata Group for a further five-year period, from 2024 until 2028, for approximately US$300 million (INR 2,500 crores), paying approximately 50% more than the previous deal of INR 335 crores per season. This, along with last year’s media rights auction, reinforces the IPL’s status as a pivotal platform for esteemed brands seeking to enhance their value.” The Report added that the most valued IPL franchise is Chennai Super Kings. “In terms of valuation, despite failing to make it to the playoffs in 2024, with a brand value of US$231.0 million, Chennai Super Kings (CSK) continues to be the most valued franchisee, achieving a growth of 9% from the previous year. IPL 2024 winners, Kolkata Knight Riders, saw the highest growth, with a 19.30% rise from 2023,” the release stated. Five-time champions Mumbai Indians are not even in the top three, when it comes to brand value, the report added. “Ranked second in brand and business value, Royal Challengers Bengaluru (RCB) boasts a staggering brand worth of US$227.0 million. Winners of the TATA IPL 2024, the Kolkata Knight Riders (KKR) has replaced Mumbai Indians to secure the third place in brand value with US$216.0 million. “Mumbai Indians (MI), which is another immensely successful and popular team, closely trails in fourth place on the table with a brand value of US$204.0 million. With the return of its legacy player and new captain Hardik Pandya, MI has solidified its status as one of the most evolving franchisees in IPL history, paving a path to player trades,” the report said. Topics mentioned in this article

West Indies vs New Zealand, T20 World Cup 2024: Match Preview, Fantasy Picks, Pitch And Weather Reports

Danijones9 months ago08 mins

West Indies have played 2 matches in the tournament and they are currently ranked second on the points table, while New Zealand have played 1 match in the tournament and they are currently ranked fifth on the points table. In the last match against Uganda, the West Indies clinched a convincing 134-run win. The top fantasy player for the West Indies was Akeal Hosein who scored 191 fantasy points. In their last match in this tournament against Afghanistan, New Zealand suffered an 84-run defeat. The top fantasy player for New Zealand was Matt Henry who scored 76 fantasy points. WI vs NZ, Pitch Report and Weather Conditions The pitch at the Brian Lara Cricket Academy, Tarouba is a balanced pitch. The average 1st innings score at this venue in the last 20 matches is 116 runs. Chasing a target should be the preferred option at the venue since the team batting first has only won 35% of its matches. Pace or Spin? The venue is suited for both pacers and spinners alike Weather Report Temperature is expected to be around 23.91 degree Celsius with 91% humidity. 1.84 m/s winds are expected. Cloudy weather is expected during the match, this may help pacers with movement. WI vs NZ, Fantasy XI Top Captain and Vice-Captain Picks Johnson Charles Johnson Charles is a punt player for your Fantasy Team. He has an average of 58 match fantasy points in the last 10 games and a fantasy rating of 9.9. Charles is an opening right-handed batter and has scored 160 runs in the last five matches. Akeal Jerome Hosein Akeal Hosein is a bowler with an average of 55 match fantasy points in the last 10 games, a fantasy rating of 9.6 and is a fairly consistent player in terms of fantasy points. He is a slow left-arm orthodox bowler and in the last five matches, he has taken eight wickets. Additionally, Hosein has been successful against NZ, taking two wickets in recent matches. Roston Lamar Chase Roston Chase is a fruitful player for your Fantasy XI Fantasy Team. The right-hander has an average of 54 match fantasy points in the last 10 games and a fantasy rating of 9. Chase is a top-order batter and has scored 141 runs in the last 3 matches. With the ball in hand, Chase has taken two wickets in the recent matches averaging at 32 wickets per match. Gudakesh Motie Gudakesh Motie is a constructive player for your Fantasy XI Fantasy Team. He has an average of 62 match fantasy points in the last 10 games and a fantasy rating of 8.7. Motie is a slow left-arm orthodox bowler and in the recently played 5 matches, he has taken nine wickets. Lockie Ferguson Lockie Ferguson will be a key inclusion to your Fantasy XI Fantasy Team. He has an average of 50 match fantasy points in the last 10 games and a fantasy rating of 8.5. Ferguson is a right-arm fast bowler who has taken five wickets in his last four matches. Michael Gordon Bracewell Michael Bracewell is an all-rounder with an average of 53 match fantasy points in the last 10 games, a fantasy rating of 8 and can be a decent pick for your Fantasy XI Team. Bracewell is a left-handed batter and has scored 50 runs in his recently played three matches. Andre Dwayne Russell Andre Russell can be a worthy all-rounder to include in your Fantasy XI Team. He has an average of 56 match fantasy points in the last 10 games and a fantasy rating of 8. Russell is a right-handed batter who has scored 45 runs in the recently played three matches. With the ball in hand, he has taken three wickets. He has a good record at this venue and has taken three wickets in the recent three matches. Finn Allen Finn Allen is a wicket-keeper with an average of 62 match fantasy points in the last 10 games, a fantasy rating of 8 and is a high-risk, high-returns player for your Fantasy Team. He is a top-order opening batter and also keeps wickets. In the last five matches, the right-hander has scored 52 runs. WI vs NZ Squads New Zealand (NZ) Squad: Tim Southee, Kane Williamson, Trent Boult, James Neesham, Devon Conway, Daryl Mitchell, Ish Sodhi, Mitchell Santner, Mark Chapman, Matt Henry, Michael Bracewell, Lockie Ferguson, Glenn Phillips, Finn Allen and Rachin Ravindra West Indies (WI) Squad: Andre Russell, Johnson Charles, Akeal Hosein, Roston Chase, Nicholas Pooran, Shai Hope, Gudakesh Motie, Alzarri Joseph, Brandon King, Shimron Hetmyer, Rovman Powell, Obed McCoy, Romario Shepherd, Sherfane Rutherford and Shamar Joseph WI vs NZ, Fantasy XI Team Wicket-Keepers: Johnson Charles, Finn Allen and Devon Conway Batter: Rovman Powell All-Rounders: Roston Chase and Michael Bracewell Bowlers: Akeal Hosein, Gudakesh Motie, Lockie Ferguson, Matt Henry and Obed McCoy Captain: Akeal Hosein Vice-Captain: Michael Bracewell Topics mentioned in this article