Who Owns IPL Teams? All 10 Owners and How They Bought In

IPL teams are privately owned franchises. The BCCI owns the league itself and sells each team the right to play in it; the teams are owned by Indian business groups, film stars and, increasingly, international investors. Two of the ten are changing hands right now: Royal Challengers Bengaluru and Rajasthan Royals both agreed sales in 2026 that are awaiting final approval. This page explains who owns each team, how they bought in, how the money works, and the owners' teams in other leagues.

Who Owns Each IPL Team

How the Teams Were Bought

The eight original franchises were auctioned on 24 January 2008, from a base price of $50 million each, for $723.59 million in all. Reliance paid the most, $111.9 million for Mumbai, ahead of Vijay Mallya's $111.6 million for Bangalore; the Jaipur team, Rajasthan Royals, was the cheapest at $67 million. Hyderabad's Deccan Chargers were terminated in 2012, and the Sun TV Network won the replacement franchise, which became Sunrisers Hyderabad in 2013.

Two teams were added in 2021. On 25 October that year the BCCI announced that RPSG Ventures had won Lucknow for 7,090 crore rupees and CVC Capital Partners Ahmedabad for 5,625 crore rupees; they became Lucknow Super Giants and Gujarat Titans. In February 2025 the Torrent Group agreed to buy 67% of Gujarat Titans from CVC, which kept the other 33%, as Gujarat Titans announced; the price was not disclosed.

The Two Sales in Progress

• Royal Challengers Bengaluru: on 24 March 2026 United Spirits, part of Diageo, agreed to sell the company that owns the franchise, along with its women's team, for 16,660 crore rupees, about $1.78 billion, to a consortium of the Aditya Birla Group, the Times of India Group, Bolt Ventures and Blackstone. India's competition regulator cleared it on 30 June 2026. We have not seen confirmation that the BCCI has ratified it or that the sale has completed.
• Rajasthan Royals: in May 2026 the family of Lakshmi Mittal agreed to buy 75% of the Royals, with Adar Poonawalla taking 18% and existing investors including Manoj Badale keeping the rest, in a $1.65 billion deal that also covers Paarl Royals in the SA20 and Barbados Royals in the Caribbean, SportsPro reported. The competition regulator approved it in September 2026; completion had not been announced as of mid-October.

How the Money Works

The BCCI sells the league's media rights and title sponsorship centrally and shares the income with the teams. The media rights for 2023 to 2027 sold for 48,390.32 crore rupees, about $6 billion, and the Tata Group pays 2,500 crore rupees as title sponsor from 2024 to 2028. On top of their share of that, teams keep their own sponsorship, ticket and merchandise income. How the central pool is split has been reported but not published by the BCCI. Player costs are controlled by the salary cap and the auction purse, set for each three-year cycle; our guide to IPL retention rules covers the 2025 to 2027 figures.

The Owners' Other Teams

IPL owners now run teams across most of the world's franchise leagues. All six SA20 franchises belong to IPL owners. Reliance's teams include MI Cape Town, MI New York, MI Emirates and, since 2025, 49% of the Hundred's Oval Invincibles; the Knight Riders group owns teams in the Caribbean, the UAE and Major League Cricket. Several IPL owners also bought stakes in Hundred teams in 2025, and three, the owners of Mumbai, Bengaluru and Delhi, also run Women's Premier League teams. Our guides to SA20, Major League Cricket teams and the Hundred teams list them.

FAQs: IPL Team Ownership

Who owns the IPL?
The BCCI owns and runs the league. The ten teams are privately owned franchises.

Who owns Gujarat Titans?
The Torrent Group holds 67% and CVC Capital 33%, since Torrent bought control in 2025.

Who owns RCB?
United Spirits, part of Diageo, which agreed in March 2026 to sell it to a consortium including the Aditya Birla Group. The sale was awaiting final approval as of October 2026.

Who owns Rajasthan Royals?
Royal Multisport, led by Manoj Badale. A sale to the Mittal family and Adar Poonawalla was agreed in May 2026 and was awaiting completion as of October 2026.

How much did IPL teams cost?
The original eight sold for $723.59 million in total in 2008. The two newest, Lucknow and Ahmedabad, sold for 7,090 and 5,625 crore rupees in 2021.

Which IPL team is owned by Shah Rukh Khan?
Kolkata Knight Riders, through his company Red Chillies Entertainment, with Juhi Chawla and Jay Mehta.