Updated: 19 March 2022
In 2007 when BCCI created the tournament IPL based on eight city-based franchises. The team representing Kolkata was bought by Bollywood superstar Shah Rukh Khan’s company Red Chillies Entertainment in partnership with Bollywood actress Juhi Chawla and her husband Jay Mehta. The franchise was bought for about INR 2.98 billion. The team qualified in the playoffs for the first time in 2011 and won the tournament in 2012. They repeated the same by defeating KXIP in the finals in 2014 and lifted the trophy for the 2nd time.
In 2015, the owners bought a stake in CPL team Trinidad and Tobago Red Steel and renamed it Trinbago Knight Riders. In 2020, the owners also invested in the American T20 league Major League Cricket.
KKR IPL 2022 Squad
The final squad of KKR will come out after the mega auction, which is scheduled on Feb 12 & 13 in Bengaluru. In VOVO IPL 2021 Eoin Morgan lead the side but this year team management did not retain him.
KKR Retained Player IPL 2022
- Andre Russell ( West Indies) – 12 crore
- Varun Chakravarthy (8 crore)
- Venkatesh Iyer (8 crore)
- Sunil Narine (West Indies) – 6 crore
Money Spent so far: 34 crores
Remaining Purse Value: 56 crores
KKR Sponsors List
Until 2014, Nokia has been their official sponsor since the inaugural season of the tournament. In 2015, Gionee signed a three-year deal for INR 540 crore and became their principal sponsor. In 2018, Nokia returned and signed a two-year deal with the franchise. In 2020, MPL became their title sponsor. KKR has co-ownership deals with Jio, Lux Cozi, Colgate, Pentatonic, Unacademy, Kotak Mahindra Bank, BKT Tyres, Kingfisher Calendar, Amul Cool, and MX Taka Tak.
KKR Brand Value
The brand value was estimated to be around INR 773 crore in 2018 which made them the second-highest amongst all the IPL franchises. In 2019, their brand value dipped considerably and was estimated to be around INR 629 crore.
Currently, the two-time champions are valued at INR 543 crore. But according to a report by Cricbuzz, the franchise could cost over INR 4000 crore once the new media rights deal is signed next year. That might make them the most valued team as they make a lot from sponsorships and gate collections.