While Mumbai Indians and Chennai Super Kings have won the IPL five times each, it’s Kolkata Knight Riders, who have been ranked the most valuable franchise in India, in the inaugural Fanatic X Hurun India’s Most Valuable Sports Teams 2026 report released on Tuesday.

The report, according to Hurun India founder and chief researcher Anas Rahman Junaid, reflects how Indian sport has become “a serious asset class, not just a cultural footnote.”As per the report, KKR’s valuation ranges between Rs 19,200 crore to Rs 22,500 crore, placing it ahead of the Mumbai Indians (between Rs 18,400 crore and Rs 21,700 crore) and Chennai Super Kings (valued between Rs 18,400 and Rs 20,700 crore), placing them second and third respectively.