Lagatar24 Desk
New Delhi, Jan 25: BCCI Secretary Jay Shah announced before the Women’s Premier League’s inaugural season on Twitter that the bids from men’s IPL franchises in 2008 had been surpassed. With a total offer value of Rs 4,669 crore, the Board has approved franchises for the five teams in the Women’s Premier League (WPL).
“Today is a historic day in cricket as the bidding for teams of the inaugural #WPL broke the records of the inaugural Men’s IPL in 2008! Congratulations to the winners as we garnered Rs.4669.99 Cr in the total bid,” tweeted BCCI Secretary Jay Shah.
Today is a historic day in cricket as the bidding for teams of inaugural #WPL broke the records of the inaugural Men's IPL in 2008! Congratulations to the winners as we garnered Rs.4669.99 Cr in total bid. This marks the beginning of a revolution in women's cricket and paves the
— Jay Shah (@JayShah) January 25, 2023
The first Women’s Premier League will feature five cities: Ahmedabad, Mumbai, Bengaluru, Delhi, and Lucknow. The top corporate conglomerate in India, Adani Group, purchased the Ahmedabad franchise through its sports company, Adani Sportsline Pvt Ltd. The largest offer, 1289 crore Indian Rupees, was also made by the Ahmedabad team.
๐๐๐๐ ๐๐ง๐ง๐จ๐ฎ๐ง๐๐๐ฌ ๐ญ๐ก๐ ๐ฌ๐ฎ๐๐๐๐ฌ๐ฌ๐๐ฎ๐ฅ ๐๐ข๐๐๐๐ซ๐ฌ ๐๐จ๐ซ ๐๐จ๐ฆ๐๐งโ๐ฌ ๐๐ซ๐๐ฆ๐ข๐๐ซ ๐๐๐๐ ๐ฎ๐.
The combined bid valuation is INR 4669.99 Cr
A look at the Five franchises with ownership rights for #WPL pic.twitter.com/ryF7W1BvHH
— BCCI (@BCCI) January 25, 2023
For the Mumbai franchise, Indiawin Sports Pvt Lt paid INR 912.99 crores. Similar to how they won the bid for the city in the women’s T20 league, the Royal Challengers group, which owns Bengaluru’s men’s club, spent INR 901 crores.
Similar trends were seen with the Delhi franchise, when the JSW group, which owns the men’s tournament team Capitals, successfully offered INR 810 crore.
Meanwhile, Viacom18 has already secured the Women’s Premier League (IPL) media rights value for the 2023-2027 cycle for a whopping Rs 951 crore.
