New Delhi, April 9 -- Kolkata Knight Riders remain one of the most commercially-powerful franchises in the Indian Premier League. Founded in 2008, the team was acquired by a consortium led by Bollywood superstar Shah Rukh Khan.
The franchise was purchased for $75.1 million under SRK's production banner, Red Chillies Entertainment. Now, it looks like one of the shrewdest investments in cricket.
As of now, KKR's brand value stands at $222 million, according to WP League. That places the franchise 4th among all 10 IPL teams.
Their net worth is estimated at Rs.2,059 crore at the present exchange rate. That shows the sustained commercial growth. KKR's value has grown by nearly 196%, making it almost 3 times its original purchase price.
The...
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