Which are the most valuable IPL teams as Mumbai Indians top list?

Mumbai Indians (MI) have retained their top spot as the most valuable franchise in the IPL, as per the latest Brand Finance report. MI have been valued at $87 million. They're followed by Chennai Super Kings (CSK) at $80.6 million and Kolkata Knight Riders (KKR) at $78.6 million. Punjab Kings (PBKS) are the least valuable IPL franchise at $45.3 million.