And The Most Valuable IPL Franchise Is…
IPL is all about numbers. On the cricket pitch, it is a numbers game between the batters and bowlers, and off it, the business numbers take precedence. As per the latest data, the IPL’s brand evaluation has surged by 433 percent in the last 15 years. To put it in simple words – the IPL is no longer a sports league. It is a product held by a private body, with its evaluation exceeding $10 billion or more. In the last three years, the brand value has doubled. For the naysayers, the brand value is the value of the entire product including the sponsors, the revenue, the audience watching the game, the broadcasting rights, the players and team worth, and of course the advertisements. Talking strictly only about cricket leagues, the IPL is valued 20 times more than the second-placed ‘The Hundred’ at $508 million. No wonder, the best cricketers in the world do not want to miss this competition at any cost. Which is the most valued IPL team? Hardik Pandya-led Mumbai Indians are struggling to put match-winning performances in IPL 2024, but the 5-time champions have a winning legacy and are sponsors’ favourites. MI heads the pack with an evaluation of $87 million, thanks largely to star players Rohit Sharma, Jasprit Bumrah, and other fan following, and consistent results in the past decade. Second on the list is 5-time champions Chennai Super Kings, a team valued at $81 million. CSK boasts of a massive, dedicated fan base, the Yellow Army, the power behind its brand value. The presence of MS Dhoni makes the franchise, an indispensable asset for sponsors and investors. The two most successful franchises – Mumbai and Chennai take the top two spots. The following lists all ten franchises and their current brand value. IPL Franchises Brand Value
What went wrong for Mumbai Indians in IPL 2024?
Things are going bizarre for the 5-time IPL Champions, Mumbai Indians in the 2024 season. After Wednesday night’s loss to Kolkata Knight Riders at the Wankhede, Mumbai’s hopes of making it to the playoffs are more or less over. The Mumbai Indians have now slipped to the 9th spot in the IPL 2024 points table. Cricket pundits, former cricketers, and fans are pointing out several reasons for Mumbai’s poor run. This is a good time to scrutinize the MI batters’ and bowlers’ performance in the season, with three more matches to go. What is Alpha Batter Value (aBV)? The Alpha Batter Value (aBV) is a new way to see how well a cricket player is doing compared to others on their team. It helps find the best players on the team by showing how much better or worse they are doing compared to their teammates. When it comes to the Alpha Batter Value of players from the Mumbai Indians, only 2 out of 7 main batters have positive aBV scores, showing they are doing better than others on the team. Rohit Sharma and Suryakumar Yadav are doing exceptionally well with aBV scores of +82.1% and +81.2%, showing they are outperforming their teammates. This means Rohit and Surya are important players in the team’s batting lineup, helping the team score points. On the other hand, the other five batters in the Mumbai Indians team have negative aBV scores. This shows they are not doing as well as Rohit and Surya, and they might need to improve or the team might need to change its strategy to balance things out. Negative aBV scores point out areas where the team needs to improve so that more players can help the team win. Players like Rohit Sharma, Jasprit Bumrah and Suryakumar Yadav shine with high aBV scores, showing they’re doing exceptionally well. However, others might need to step up their game to help the team more. By using aBV, teams can figure out where they need to improve and make changes to ensure everyone contributes positively to the team’s success. The Sportz Planet Desk, Atharva Shetye.