Women IPL 2023: Women IPL team price: The Board of Control for Cricket in India (BCCI) is set for another windfall of cash. The Indian board has set Rs 400 crore base price for each team. But it expects no less than Rs 1000 Cr per team. That will take BCCI’s coffers to a minimum of Rs 5000 Cr. Earlier, this year, BCCI earned Rs 48,390 from IPL Media Rights sales alone. The next in line is BCCI Media Rights for domestic and home game. It expects another 5-10,000 Crore. Follow Women’s IPL 2023 LIVE Updates on InsideSport.IN.
The base price for WIPL teams is set as per Men’s IPL franchises back in 2008. BCCI had set close $100 million (as per exchange rate in 2008). The new franchises will pay the fees in equal instalments over 5 years.
“It’s not final. We will have an apex council meeting soon. We will float the tender for the Women’s teams then. But yes, 400 Cr is where the consensus is. But if you look at how the teams have grown in valuation, we expect no less than 1000 Cr per team,” a senior BCCI official told InsideSport.
Women IPL 2023: BCCI set for another windfall, targets Rs 1000 Cr plus revenue from each franchise over 400 Cr Base price: Check Details and follow WIPL 2023
Interested in WIPL team:
- Mumbai Indians
- Chennai Super Kings
- Royal Challengers Bangalore
- Punjab Kings
- Rajasthan Royals
- Delhi Capitals (GMR Group, not JSW Group)
- Kolkata Knight Riders
- Sree Aurobindo Pharma
- Glazers Family
- Adani Group
- Capri Global
Last month, the BCCI approved a five-team WIPL at the AGM. The board also finalised a 22-match format for the tournament. Existing men’s IPL franchises too have shown interest in acquiring the franchises. However, till now the stakeholders are undecided on how to distribute the franchises.
“We will be interested in purchasing a Women’s IPL team once we get information on the due process. We have not received any intimation from BCCI so far,” a CSK official had earlier told InsideSport.
Women IPL 2023: BCCI set for another windfall, targets Rs 1000 Cr plus revenue from each franchise over 400 Cr Base price: Check Details and follow WIPL 2023
WIPL 2023: All you need to know:
- BCCI is set to roll out a tender document to the franchises willing to buy the teams.
- The base price is $50 million or Rs 400 Cr, close to the IPL franchise fee in 2008.
- However, instead of giving first preference to IPL teams, BCCI will float a tender open to all interested parties.
- With this, new players can also outbid IPL franchises.
- The BCCI will also float a separate tender for the e-auction of the broadcast rights.
- The BCCI is also busy seeking the availability of leading women’s cricketers around the world.
- As per a News18 report, the BCCI has already begun signing contracts with India as well as overseas players.
- The move will help to confirm foreign players’ availability in Women’s IPL.
- This central contract will further lead to an agreement with the franchise, once the team decides to buy the player.
- Initially, the players will undergo a draft instead of auction in place for the men’s IPL.
- Like the men’s IPL. Four overseas players will play in the eleven and a squad can have a maximum of 18 players.
Women IPL 2023: BCCI set for another windfall, targets Rs 1000 Cr plus revenue from each franchise over 400 Cr Base price: Check Details and follow WIPL 2023
The tournament is likely to begin in the second week of March in 2023 and conclude around March 23. Instead of home and away system, the WIPL will move in a caravan style with two or more cities hosting matches.
“We would like to have non-traditional IPL venues for WIPL. However, you cannot expect a large crowd for women’s matches in every city. To get to that stage, we have to prepare accordingly. The discussions are on to start at the traditional cricket hubs and rotate the venues in future editions,” a senior BCCI official had told InsideSport earlier.
The tournament will be played over two weeks with 22 matches. The WIPL will follow the league and playoff format with the top team qualifying directly for the final. 2nd and 3rd placed teams will play the eliminator. The team’s owners are set to be finalised by December.
Women IPL 2023: BCCI set for another windfall, targets Rs 1000 Cr plus revenue from each franchise over 400 Cr Base price: Check Details and follow WIPL 2023
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