Rajasthan Royals have been sold for a record $1.63 billion, or approximately ₹15,289 crore (approximately ₹15,289 crore), making them the most expensive team in the IPL.

Indian-American businessman Kal Somani and his consortium have placed the highest bid for the franchise, which has been accepted.

Rajasthan broke the record held by Lucknow Super Giants, who were bought by Sanjiv Goenka's RPSG Group in 2021 for a massive ₹7,090 crore.

RR sold for 24 times more

When Rajasthan Royals was acquired in 2008, it cost just $67 million, which was approximately ₹260-270 crore at the time. If that $67 million is translated into today's value, it translates to approximately ₹628 crore.

Now, in 2026, this same franchise has been sold for approximately $1.63 billion (approximately ₹15,289 crore). This means that compared to the current value in 2008 (₹628 crore), the value of Rajasthan Royals has increased by approximately 24 times.

Rajasthan Royals is one of the original teams of IPL, having won its first title in 2008.