The Kolkata Knight Riders is a franchise cricket team that features in the Indian Premier League representing the city of joy Kolkata. The franchise plays its home matches in Eden Gardens, Kolkata. The franchise is co-owned by Bollywood Superstar Shah Rukh Khan, Bollywood actress Juhi Chawla and her husband Jay Mehta. KKR have won the tournament twice. In 2012 they lifted their maiden IPL title by defeating CSK in the finals and in 2014 they repeated the same by defeating KXIP in the finals. The theme song of KKR is ‘Korbo Lorbo Jeetbo Re’ and the official color of the team is purple and gold.
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 as Trinbago Knight Riders. In 2020, the owners also invested in American T20 league Major League Cricket.
Performance in IPL
|Kolkata Knight Riders||213||108||101||4||51.67%|
- Most Runs: Gautam Gambhir (3345 runs in 121 innings)
- Most Wickets: Sunil Narine (161 wickets in 142 innings)
The franchise is owned by Bollywood superstar Shah Rukh Khan along with Bollywood actress Juhi Chawla and her husband Jay Mehta. SRK’s Red Chillies Entertainment has 55% of the franchise’s stake while Juhi Chawla and Jay Mehta has 45% stake in the franchise. The franchise was bought for 75.09 million USD in 2008.
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.