From cheapest to one of the costliest: RR sees 2,332.84% jump in value in 19 years
Rajasthan Royals’ valuation has surged from $67 million in 2008 to $1. 63 billion in 2026, marking a 2,332. 84 percent rise.
Once the cheapest IPL franchise, they are now among the most valuable, reflecting the league’s explosive financial growth and strong investor interest.
The Rajasthan Royals were one of the eight original franchises auctioned by the Board of Control for Cricket in India (BCCI) in early 2008 ahead of the Indian Premier League (IPL), a city-based T20 competition. At the top were the Mumbai Indians, acquired for $111. 90 million, followed by the Royal Challengers Bengaluru (RCB) for $111.
60 million. At the other end of the spectrum were the Rajasthan Royals, picked up by the Emerging Media Group for $67 million. The Manoj Badale-led group were the lead investor in the Jaipur-based franchise, which went on to win the inaugural edition of the IPL in 2008.
Emerging Media increased its holding in the franchise from 51 percent to 65 percent in 2021. In the same year, US-based RedBird Capital Partners bought a minority stake of nearly 15 percent for $37. 5 million, valuing the team at around $250 million.