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

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

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)

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Dinesh Karthik thanks Simon Doull for spurring Virat Kohli on with strike-rate comment | Cricket News

Dinesh Karthik thanks Simon Doull for spurring Virat Kohli on with strike-rate comment | Cricket News

Virat Kohli didn’t begin IPL 2024 with the kind of flair that is associated with his legendary status as a batsman, and the questions raised on his strike-rate turned out to be just the kind of fuel that was required to re-ignite his hunger, which eventually won him the Orange Cap as the tournament’s top run-getter. Kohli’s teammate at Royal Challengers Bengaluru (RCB) and the Indian team, wicketkeeper-batsman Dinesh Karthik has seen from up close Kohli’s evolution into one of the most iconic figures in world cricket. Talking about it on Cricbuzz, and how Kohli turned it around to end up scoring 741 runs in IPL 2014, Karthik said Kohli always thrives on situations where he has to prove people wrong, like in the case when former New Zealand pacer Simon Doull and some of the other cricket experts had questioned Kohli’s strike-rate during the initial part of just-concluded IPL season. “Virat Kohli – well, I can write a book on how he was this year (IPL 2024),” said Karthik. “He started okay, but I think thanks to people like Simon and a few others who really spurred him on. And you don’t want to see that side of Virat Kohli. “I think, he thrives on that. He is someone who, inadvertently, wants to hold onto certain things to do well. He loves proving people wrong. Even though he might not come out and say it, it fuels his passion. He is like a molten lava coming out. He is fiery and you don’t want to be anywhere close to him because you are gonna get burnt for sure. He has done this time and time again.” (Virat Kohli and Mohammed Siraj – ANI Photo)RCB have never managed to win the IPL title in 17 years since the league’s inception in 2008. Despite that, Kohli stuck with RCB and might continue to do so for the remainder of his career. For that reason and more, Karthik believes RCB owe it to Kohli for whatever success they have had. “You can speak about RCB, their success and all of that. But it is not happening without that man, and I am not saying with his batting. It’s the intimidating feeling that he gives when he is on the field. the way he pushes fielders,” said Karthik. The just-retired stumper then made a light comment on the way Kohli motivates his RCB teammates during the timeout. “If you ever had a mic in one of those timeouts, my god! There will be a lot of bleeps for this. And ‘Ben Stokes’ will be mentioned a bit,” said Karthik, and smiled. “But if you look past all that, the intensity that he carries and he expects each player to do, boy, I doff my hat to him. To be doing that in the 17th year of IPL, stand up and applaud the man because RCB and its fans should be grateful to have a guy like that. He is built differently, and that is what propels him.” (Virat Kohli – AFP Photo)Player-turned-commentator Doull was also part of the discussion on Cricbuzz; and while he admitted having questioned Kohli’s strike-rate, he wondered what makes pepople take a criticial comment on somebody’s game to such extreme levels where he received death threats for it, especially when it’s part of his job as a cricket expert and commentator. “I see a phenomenal player (in Kohli) who should be dominating more than what he was. That was my point around it. That’s why I talked about his strike rate. I felt at times he was afraid to get out because he was worried about what was behind him rather than just saying ‘I am so good’. And he is so good,” explained Doull. “I have said a thousand great things about Virat Kohli, but I say one thing that might be slightly negative, or construed to be negative, and I get death threats. Thats’ what happened.” Doull added that “it’s never personal”. (Virat Kohli – PTI Photo)“We have had great conversations. I have interviewed him at the toss, we have talked after games; it has never been a issue. I would never have any reason to have a personal issue,” said the New Zealander.Karthik concluded the discussion urging the fans to be able to differentiate between something personal and something that is purely from the point of view of cricket. “Somewhere Indian fans should find out the difference between people taking him (Kohli) on personally and people talking about the cricketing side of him. I think Virat appreciates it if you can find a difference,” said Karthik.

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England Vs Pakistan: After Michael Vaughan, Nasser Hussain hails IPL's role in preparing England for T20 World Cup 2024 after Pakistan win | Cricket News

England Vs Pakistan: After Michael Vaughan, Nasser Hussain hails IPL’s role in preparing England for T20 World Cup 2024 after Pakistan win | Cricket News

NEW DELHI: Former England cricketer Nasser Hussain has provided his analysis on the preparedness of the Jos Buttler-led England team for the upcoming T20 World Cup 2024. According to Hussain, the defending champions are in a favourable position heading into the tournament.England have been placed in Group B alongside rivals Australia, Scotland, Namibia, and Oman.Their campaign will commence against Scotland on June 4. SEE ALSO: T20 World Cup Schedule Hussain believes that the Three Lions are in better form compared to their performance in the ODI World Cup 2023, where they struggled initially.Hussain emphasized the importance of having a contingency plan, or “Plan B,” in case England encounters a slow start or faces challenges against stronger opponents.“They’ve just got to be better than they were at that 50-over World Cup. They went into that with a lot of hope and it didn’t start well and they didn’t react well. So they need to have a Plan B. If we don’t start well, if things don’t go well, how do we react? How do we react to slower pitches? How do we react when better sides come up against us? But under Buttler and what they’ve got in this side they’re in a real good place. They just got to go and do it,” Hussain stated. Hussain also commended the Indian Premier League (IPL) for its role in preparing England players for high-pressure situations and big matches.“They’re a very balanced side, they’ve played in a lot of big games. We don’t talk enough about the IPL and how that obviously sets you up as a cricketer but also sets you up in big games. And under pressure and big crowds and that’s what you need going into a World Cup. So they’ve done all that they could do,” the former England international added.(Inputs from ANI)

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Indo-Pak fans spar online over video showing Pakistan players walking past IPL final playing on TV | Cricket News

Indo-Pak fans spar online over video showing Pakistan players walking past IPL final playing on TV | Cricket News

The Pakistan team is currently in England, involved in a four-match T20I series; and when a video emerging from the tour showed the players walking past a TV playing the Indian Premier League (IPL) final, fans from India and Pakistan got involved in a war of words online — for and against the IPL.Strained relations between the two countires has kept Pakistan players out of the cash-rich league over the past several editions, which has often led to resentment across the border. In the video circulating on social media, Pakistan players could be seen walking through what appears to be a lounge as the television in the background could be seen airing the IPL final between Kolkata Knight Riders and Sunrisers Hyderabad.Soon after the video went viral, response from Pakistan fans started saying their players “ignored IPL final”, leading to a war of words between fans from the two neighbouring countries that are traditional rivals in cricket. WATCH VIDEO Some members of the Pakistan media also got involved in poking fun at the league that has gone on to become the best and the most fiercely-contested T20 league in the world ever since its inception in 2007.Pakistan rivaled it by establishing their T20 franchise tournament, the Pakistan Super League. However, the IPL’s popularity remains unmatched across the world. Here are some of the response to the video on microblogging platform ‘X’:

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'Can I bring my girlfriend?': Gautam Gambhir reveals first conversation with 'KKR's MVP and brother' Sunil Narine | Cricket News

‘Can I bring my girlfriend?’: Gautam Gambhir reveals first conversation with ‘KKR’s MVP and brother’ Sunil Narine | Cricket News

NEW DELHI: Kolkata Knight Riders mentor Gautam Gambhir has heaped praise on star all-rounder Sunil Narine, who played a pivotal role in KKR’s third Indian Premier League title this year. Narine was named the ‘Most Valuable Player’ of IPL 2024. Narine regained his magical touch this season, scoring 488 runs and taking 17 wickets throughout the tournament.In a recent interaction with Sportskeeda, Gambhir spoke about his camaraderie with Narine and reminisced about the latter’s early days in the KKR camp.Gambhir, who captained KKR to their IPL victories in 2012 and 2014, highlighted Narine’s crucial role in those triumphs.”Me and Narine are similar characters, and so are our emotions. I still remember that when Narine first came into the IPL in 2012, it was in Jaipur, and we were going for practice, and I told him to come join for lunch. He was so shy that he did not say a single word during lunch, and the first question that he eventually asked was, ‘Can I bring my girlfriend to the IPL?’,” Gambhir recalled.Gambhir suggested that he and Narine share a special bond, describing the all-rounder as a brother. “He was so quiet that first season, but now, we can talk about anything. He is like a brother to me. I don’t see him as a friend, I don’t see him as a teammate, I see him as a brother. If I need him or he needs me, I think we are just one call away, that is the sort of relationship that we have built. We do not get excited much, we do not show too many emotions, we are not flamboyant, we just do the job and come back,” he added.Gambhir also emphasized Narine’s consistent value to KKR, asserting that he has always been the team’s ‘MVP’. “What can I say about him? Even if he didn’t win the ‘most valuable player award’ he would have still been the MVP. You are looking at his stats but he was KKR’s MVP even before the season got underway. The world has seen his talent as an all-rounder and I’m sure that Narine still has plenty to give to KKR and world cricket,” Gambhir explained.

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My relation with Virat Kohli is not to give masala to the public: Gautam Gambhir | Cricket News

My relation with Virat Kohli is not to give masala to the public: Gautam Gambhir | Cricket News

NEW DELHI: Virat Kohli and Gautam Gambhir shared a warm embrace during the 2024 edition of the Indian Premier League. It was one of the heartwarming moments of the just concluded season. The long-standing alleged hostility between the two former teammates seemed to dissolve as they demonstrated mutual respect and camaraderie. Kohli, the face of Royal Challengers Bengaluru, and Gambhir, mentor the Kolkata Knight Riders, showed that their past differences were behind them. Gambhir’s return to KKR as a mentor proved to be a masterstroke, as he guided Shreyas Iyer‘s team to their third IPL title. KKR dominated the final, thrashing Sunrisers Hyderabad in Chennai. This victory ended KKR’s 10-year title drought. Addressing the perceived rift with Kohli, Gambhir told Sportskeeda, “The perception is far away from the reality. My relation with Virat Kohli is something this country doesn’t need to know. He has as much right as I do to express himself and help our respective teams win. Our relation is not to give masala to the public.” Gambhir also praised Kohli’s six-hitting prowess, acknowledging RCB batter’s batting excellence.Kohli had a stellar IPL 2024 season, topping the batting charts with 741 runs in 15 games and winning the prestigious Orange Cap. Earlier, Kohli also reflected on the moment with Gambhir during an event. “People are very disappointed with my behaviour. I hugged Naveen, and then the other day, Gauti bhai (Gautam Gambhir) came and hugged me. Your masala is over so you’re booing. We’re not kids anymore,” Kohli remarked.

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'A mixed feeling of relief, emotion...': Dinesh Karthik reveals why he decided to retire from IPL | Cricket News

‘A mixed feeling of relief, emotion…’: Dinesh Karthik reveals why he decided to retire from IPL | Cricket News

NEW DELHI: Veteran wicketkeeper-batter Dinesh Karthik has stated that while he is in peak physical condition to continue playing professional cricket for another three years, the mental demands of the game have led him to step away. The 38-year-old, who recently announced his retirement from the Indian Premier League (IPL), shared his thoughts.Speaking to Cricbuzz, Karthik, who played his final IPL match against Rajasthan Royals in the Eliminator at the Narendra Modi Stadium this year, emphasized that physical fitness has never been a concern for him. “I think I am physically very much prepared to play for another three years. Especially with the Impact Player rule, it becomes that much easier. Touch wood, I have never missed a game because of an injury through my three decades. I’ve been blessed that way. I was never worried about my body or my fitness,” he said.However, Karthik admitted that the mental aspect of the game has been more challenging. “It was all about the mental side of things, whether I’ll be able to push as much in the lead-up to the tournament, whether if I don’t play as many matches, will I be okay with it,” he added.Reflecting on what kept him motivated after a challenging IPL season last year, Karthik revealed his intrinsic drive. “I am internally very, very motivated. Intrinsically, extremely motivated and I’ve lived by the mantra that if you are the best, no one can stop you. I just believed if I get one chance, I should make the most of it. I never cribbed. I was always thinking like I got a chance but I missed it. I got a tournament here, but I probably could have done better in this match. And that kept me going,” he said.Karthik has been a constant presence in the IPL since its inception in 2008, playing 257 matches, making him the joint second-most capped player in IPL history alongside Rohit Sharma, and just behind MS Dhoni (264).As he navigates retirement, Karthik mentioned that family functions have kept him occupied and discussed the emotions he felt leading up to his final match. “I don’t think it’s sunk in yet. There’s lots happening in the house, there’s a couple of weddings and all so I’ve been pretty busy with that. It’s a tad bit emotional, a tad bit relief. In a way, I was mentally prepared for whenever it had to happen. But I was so much more prepared for 18th May.”“Once that part of the tournament was crossed, I was extremely elated and very, very happy and grateful. The 22nd came around pretty fast, but overall it was a mixed feeling of relief, emotion and the fact that it has all come to an end,” he added.

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'I get death threats': Simon Doull opens up on backlash for criticising Virat Kohli | Cricket News

‘I get death threats’: Simon Doull opens up on backlash for criticising Virat Kohli | Cricket News

NEW DELHI: Former New Zealand fast bowler and commentator Simon Doull made a startling revelation regarding his criticism of Virat Kohli‘s strike-rate.Doull emphasised that despite having said “thousand good things” about the former Royal Challengers Bengaluru captain, he has experienced negative consequences for voicing his critiques.While Doull has often praised the Indian batsman’s skills and achievements, he found that pointing out areas for improvement, such as strike-rate, can lead to backlash from passionate fans.“I see a phenomenal player, a player who should be dominating more than what he was. That’s what I talk about (when I mention) his strike rate. I felt that he was afraid to get out because he was worried about what is behind him rather than (saying), ‘I’m so good’. It is the same thing I said about Babar and I had a chat with him after I talked about it in Pakistan and he said that his coaches told him the same thing. What I loved about (Kohli) this year was the intent to hit sixes,” said Doull on Cricbuzz.He stated that his main point has always been that Kohli shouldn’t have to worry about getting out, and that it was probably one of the few negative comments he has made about the former RCB captain.“He is too good to worry about getting out and that was always my point. I have said a thousand great things about Virat Kohli but I say one thing negative or construed to be negative, and I get death threats. That’s the shame of it,” he said.“There has never been an issue and I would never have a reason to have personal problems. When I look at the game and the way it has moved, particularly with the impact sub, a strike rate of 130-135 didn’t cut it any more,” he said.Kohli finished the IPL 2024 as the highest run-getter with 741 runs in 15 matches including a century and five fifties. He scored at an average of 61.75 and with a strike rate of 154.69 as an opener.

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'To my boys, my team, my champs...': Shah Rukh Khan's million-dollar praise for KKR | Cricket News

‘To my boys, my team, my champs…’: Shah Rukh Khan’s million-dollar praise for KKR | Cricket News

NEW DELHI: Superstar Shah Rukh Khan on Wednesday congratulated the “stars” of his team, the Kolkata Knight Riders (KKR), for their outstanding performance in the IPL 2024 final, where they clinched the championship trophy for the third time.KKR triumphed in the latest edition of the Indian Premier League (IPL) with a dominating eight-wicket victory over Sunrisers Hyderabad (SRH) in a completely one-sided final on Sunday.As the principal owner of the team, Shah Rukh also expressed his gratitude to the fans who patiently waited 10 long years for this win. “Love you all and don’t let the dancing stop! Also, so happy and thankful for each and every KKR fan and I hope all around the world youngsters learn that tough times don’t last…” he wrote in a lengthy post on his social media handles. The 58-year-old actor expressed his gratitude to the KKR coaching staff and management in his post. He specifically acknowledged the contributions of Gautam Gambhir, the team’s mentor, Abhishek Nayar, the assistant coach, and Chandrakant Pandit, the head coach.“To my boys… my team… my champs… ‘these blessed candles of the night’… My Stars…of KKR. I cannot do a lot of things and you cannot do them all either…but together we manage most of them. That’s what @KKRiders stood for.“Simply being together. Beyond the ability and guidance of @GautamGambhir….the earnestness of Chandu, the love of @abhisheknayar1 & leadership of @ShreyasIyer15… the dedication of @rtendo27, Bharat Arun, @1crowey & @Numb3z.”KKR is a team that’s not built on hierarchy but “pure respect for collaboration”, he said.“GG (Gambhir) said if u can’t support a single vision as a team… u are leading to a division in the team. Each player understood that. Young and old. The Trophy is not a testament of having the best players in the team… but a proof of each player being the best for the team. Boys you are all made of Star stuff!! Finally Tough and Happy teams do! Korbo…Lorbo…Jeetbo….Always. See u all at the stadia in 2025,” Shah Rukh wrote.Shah Rukh, who was hospitalized last week in Ahmedabad due to a heat stroke following his attendance at an IPL match of his team at the Narendra Modi Stadium, was overjoyed when KKR emerged victorious in IPL 2024.During the final match at Chennai’s Chepauk Stadium, the actor wore a mask for most of the game but removed it when the team was on the brink of securing the coveted title, displaying his excitement.Accompanied by his wife Gauri Khan and children Aryan, Suhana, and AbRam, Shah Rukh was present at the final match.KKR, co-owned by Juhi Chawla and Jay Mehta, clinched its first IPL title in 2012, followed by another win in 2014.(With PTI inputs)

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Watch: Cake-smeared Shahbaz Ahmed leads celebrations in SRH camp after entering IPL final | Cricket News

Watch: Cake-smeared Shahbaz Ahmed leads celebrations in SRH camp after entering IPL final | Cricket News

Shahbaz Ahmed and Abhishek Sharma‘s combined effort of five-wickets led Sunrisers Hyderabad’s (SRH) entry into the final of IPL 2024 with a comprehensive 36-run win over Rajasthan Royals in Qualifier 2 on Friday, and the duo deservingly cut the victory cake as the team returned to their hotel in Chennai.SRH had lost to Kolkata Knight Riders (KKR) in Qualifier 1 and will now face the same opponents in the title clash on Sunday.SRH previously won the title in 2016 while KKR have lifted the trophy twice before – in 2012 and 2014. IPL 2024 STANDINGS: Orange Cap | Purple Cap On Friday in Qualifier 2, SRH scored 175 for 9, thanks to Heinrich Klassen’s 34-ball 50. In chase, Rajasthan could only reach 139 for 7 as the two left-arm spinners Shahbaz (3 for 23) and Abhishek (2 for 24) tied the Royals’ batsmen into knots.Until Qualifier 2, it was Abhishek’s bat making most of the noise with 470 runs coming off his willow in 14 innings. While he could add only 12 more runs to it on Friday, it was his bowling spell of 2 for 24, which included wickets of Rajasthan Royals’ skipper Sanju Samson (10) and Shimron Hetmyer (4), that took SRH into the final.As the team entered the hotel lobby upon its return from the MA Chidambaram Stadium, the hotel staff had arranged for a cake, which was cut by the spin twins. But Shahbaz had no idea of what was coming next as one of his teammates took a big chunk from the cake and smeared it on Shahbaz’s face, much to the amusement of the rest of the squad watching on. Besides that fun, skipper Pat Cummins, Klaasen and Shahbaz also connected with the fans from the SRH dressing room after the win. WATCH VIDEOS OF SUNRISERS’ CELEBRATIONS

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