Punjab Kings' $1 billion+ valuation reflects IPL's commercial power: Mohit Burman

Punjab Kings (PK) is now valued at over $1 billion, driven by soaring media rights, rising fan engagement, and strategic revenue diversification, according to co-owner Mohit Burman. PK, bought for $76 million in 2008, posted significant profits recently and boasts over 16 million followers. The franchise is expanding globally into other T20 leagues, enhancing its brand and revenue streams.