Sunrisers Hyderabad are one of the most consistent sides in the history of IPL playing an impressive brand of cricket. Deccan Chargers as they were known previously, won the title in 2009 before Sunrisers Hyderabad – under the new owners repeated the feat in 2016.
Meanwhile, Hyderabad franchise Deccan Chargers was terminated by the BCCI in 2012, and a tender for a new team was called upon. The franchise was then taken over and rechristened as Sunrisers Hyderabad (SRH), making its debut in the IPL 2013 season.
Who are the owners of Sunrisers Hyderabad?
Currently, Sunrisers Hyderabad are owned by Kalanithi Maran of the Sun TV Network, who won the bid for the Deccan Chargers franchise. Kalanithi is the son of the former Union Minister of India Murasoli Maran and grand-nephew of former Tamil Nadu chief minister M. Karunanidhi. He is the chairman and founder of the Sun TV Group and has a stake in TV channels, newspapers, weeklies, FM Radio stations, DTH services, and a movie production house.
Kalanithi’s daughter Kavya Maran is heavily interested in Sunrisers Hyderabad and remains present in all of their games. Recently, she was also seen during the IPL 2021 auctions and was also making the bids sitting beside the likes of VVS Laxman.
How much Sunrisers Hyderabad earn from IPL?
Kalanithi Maran bought the Sunrisers Hyderabad for a whopping Rs 85.05 crores (US$ 12 million) per year on a five-year deal in 2013 which was later extended. The brand value of Sunrisers Hyderbad is estimated to be around ₹ 524 crores ($69 million) according to a report in Statista.com.
As per reports, Hyderabad’s income tripled to ₹ 443.91 crores in 2019 from 146.81 crores in FY 2018. The IPL franchise costs increased in FY 2019 by 34.5% of Rs. 227.17 crore, including IPL franchise fees of ₹ 84.99 crores. And, the cost of 2018 was ₹ 166.68 crores, including IPL franchise fees of ₹ 85.84 crores in FY 2018.