New Delhi, July 13 -- The business valuation of the Indian Premier League (IPL) has surged an unprecedented USD 18.5 billion, marking a 12.9 per cent increase over the past year.

According to the latest edition of analysis by Houlihan Lokey, valued at Rs 1.56 lakh crore in Indian currency, this growth underscores the IPL's status as one of the most lucrative sports leagues in the world.

The global investment bank listed on the NYSE stated that the brand value of IPL increased 13.8 per cent in 2025, reaching USD 3.9 billion (equivalent to Rs 32,721 crore, reflecting a 16.1 per cent increase year over year in INR terms).

The firm's analysis added that the growth of IPL underscores the league's expanding commercial appeal, global reach, a...