The Indian Premier League's (IPL) value as a business enterprise has reportedly grown 12.9 per cent to become 18.5 billion US dollars, while the cash-rich league's standalone valuation is said to have risen 13.8 per cent to USD 3.9 billion. Meanwhile, the end of a 17-year trophy drought has helped Royal Challengers Bengaluru (RCB) upstage Chennai Super Kings (CSK) from the top franchise spot with a valuation of USD 269 million, according to the report.