Valuation
$1.1B
2024
YoY Change
League Rank
Source
Forbes (2024, only edition)
2024
RPSG Group's 2022 acquisition valued the franchise at $700M, with subsequent appreciation to $900M (+28.6% YoY) driven by Lucknow's positioning as India's largest untapped cricket market and the IPL's expanding media rights cycle. The franchise generates $90M in annual revenue with $15M operating income, benefiting from strong domestic broadcast distribution, premium ticket demand in a Tier-1 city, and ancillary revenue streams including naming rights and corporate partnerships. Competitive performance and stadium infrastructure investments remain critical levers, as the franchise's growth trajectory depends on sustained on-field success to maximize merchandise, sponsorship, and media leverage during the next IPL rights cycle renewal.
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Create Free Account →Valuation data: Forbes / Sportico · Source year shown per record · Not investment advice