WIPL 2023: MI, RCB & DC bag new WIPL teams after LSG, GT & CSK PULL OUT of Women IPL franchise race

WIPL 2023: Women IPL 2023 – After IPL giants Chennai Super Kings (CSK) opted out of the race for a Women’s IPL franchise, Mumbai Indians, Delhi Capitals and Royal Challengers Bangalore will own Women’s IPL teams. 3 IPL teams and two new entrants have splashed a combined Rs Rs 4669 Cr to bag five founding teams of Women’s IPL. Adani Group after failing to land an IPL team last time out has finally entered Indian cricket with the highest bid of Rs 1,289 Cr. They will operate Ahmedabad franchise. Royal Challengers Bangalore, Mumbai Indians and Delhi Capitals are 3 IPL teams who will own WIPL teams as well. The other new entrant is Capri Global who own team in ILT20. Follow WIPL 2023 LIVE Updates on InsideSport.IN.

Reliance-backed Mumbai Indians was the 2nd highest bidder with Rs 912 Cr and will operate Mumbai franchise. Diageo-backed RCB will operate from Bengaluru after bagging the team for Rs 901 Cr. JSW-GMR-backed Delhi Capitals will operate Delhi franchise after splashing Rs 810 Cr. Capri Global has bagged Lucknow franchise for Rs 757 Cr.

WIPL Teams Auction: BCCI gets richer by Rs 4669 Cr as MI, RCB & DC bag WIPL teams, Adani & Capri Global enter Indian cricket: Follow LIVE Updates

WIPL 2023: MI, RCB & DC bag new WIPL teams after LSG, GT & CSK PULL OUT of Women IPL franchise race – Follow LIVE Updates

Women’s IPL Teams Auction – Here we go, here are the new teams for WIPL

Ahmedabad – Adani (Rs 1289 Cr)
Mumbai – Reliance (MI) – Rs 912 Cr
Bangalore – Diageo (RCB) – 901 Cr
Lucknow – Capri Global – 757 Cr
Delhi – DC franchise – 810 Cr

Having earlier expressed their interest in owning a Women’s IPL team, Chennai Super Kings have pulled out of the race. The BCCI invited all ITT buyers to a designated venue to showcase their interests. CSK, who purchased the ITT, gave the event a miss. Insidesport understands that CEO Kasi Viswanathan is currently in South Africa, giving the entire process a miss.

IPL newcomers Lucknow Super Giants and Gujarat Titans have also opted out of a WIPL franchise as per Cricbuzz. Punjab Kings’ interest in owning a new team is unknown. Mumbai Indians, Kolkata Knight Riders, Sunrisers Hyderabad, Royal Challengers Bangalore, Rajasthan Royals have all submitted their bid documents.

Delhi Capitals, jointly owned by JSW and GMR Group, have also submitted the documents. Despite having taken up separate documents, the Capitals will bid as one for the WIPL team, as per Cricbuzz.

The report states, a Chennai Super Kings official confirmed the decision saying it was a strategic business call. Despite CSK’s withdrawal, Chennai is expected to be one of the favourites to bag a franchise in the WIPL. Chennai-based Shriram Group, Nilgiri Group and AW Katkuri Group could soon join India Cements.

WIPL 2023: MI, RCB & DC bag new WIPL teams after LSG, GT & CSK PULL OUT of Women IPL franchise race – Follow LIVE Updates

“WIPL has huge potential but most of the legacy teams would like to mix optimism with pragmatism. Expect a few bids in the range of Rs 500 crore upwards. Rs 800 crore plus could be a bit ambitious but BCCI won’t complain,” an industry insider, who has previously worked on men’s IPL team bid, told PTI ahead of auction.

The BCCI has listed 10 Indian cities and the venues in the tender, which allows a single party to bid for more than one city. The bids will be accepted for a 10-year period (2023-32).