Overview
- Mumbai Indians lead the franchise table at $108 million after a 9% drop, with RCB at $105 million (-10%) and CSK at $93 million (-24%), while Rajasthan Royals (-35%), Sunrisers Hyderabad (-34%) and Kolkata Knight Riders (-33%) suffered the steepest declines; Gujarat Titans rose 2%.
- Brand Finance links the downturn to the week-long interruption during Operation Sindoor that halted IPL 2025 near its finish and disrupted momentum.
- Talent retention worries grew as Faf du Plessis and Moeen Ali confirmed moves to the PSL and Glenn Maxwell chose to skip the 2026 IPL.
- Industry reports highlight further pressure from a ban on real‑money‑gaming advertising, estimated to remove Rs 1,500–2,000 crore annually, alongside fresh uncertainty around streaming and media-rights arrangements.
- Ownership stability is being watched after Indian media noted sale chatter around Royal Challengers Bengaluru and Rajasthan Royals, with Brand Finance describing the period as a course correction.