IPL Franchises Lead Global Sports Valuation Rankings
According to Sportico, the Indian Premier League's 10 teams are valued at an average of $1.7 billion each. That gives the league a revenue multiple of 22.9 times, the highest among major global sports leagues. Mumbai Indians top the list at $2.1 billion.
Context
Context: The IPL is a franchise cricket league where teams are owned by private groups and their value depends on media rights, sponsorships and ticket sales. A revenue multiple shows how much a buyer pays compared with a team's yearly income.
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