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Mumbai Indians Showering Money On Ambanis

By:  Tupaki Desk   |   27 May 2023 9:41 PM GMT
Mumbai Indians Showering Money On Ambanis
The Mumbai Indians team's journey in the ongoing IPL came to an end. The team was knocked out of the tournament in Qualifier 2. Mumbai Indians fans are feeling bad about the team's exit. Mumbai Indians team locked horns with Gujarat Titans team. With the defeat, Mumbai was knocked out. The team has a big legacy in the tournament as it won the highest number of trophies.

Nita Ambani and Mukesh Ambani are the owners of the franchise that was started in 2008. The management spent big money on the team and around Rs 916 crores were spent on purchasing players alone. The team which won five trophies so far has another record to its name. The team has the credit of winning the highest number of matches in the tournament.

Compared to other teams in the IPL, Mumbai Indians has the highest number of sponsors. As per the market experts, the brand value of the team is around Rs 10,700 crores. Even the Covid impact could not stop the team and its brand value increased. Compared to last year, the team's brand value increased by around Rs 200 crores. The team also has an image of the most profitable team.

It is said that the Jio Cinema App getting the rights of IPL streaming brought big profits. It is said that Jio Cinema recorded a massive 1300 crore views in just five weeks. Jio Cinema got the IPL telecasting rights for Rs 22,290 crores. Jio Cinema earned income worth Rs 23,000 crore and in the coming years, thousand crores more income would be generated. It appears that IPL is bringing thousands of crores.