Women IPL Media Rights: BCCI floats ITT for WIPL Media Rights, tender for franchise auction soon, Follow LIVE Updates

Women IPL Media Rights: Women IPL 2023: BCCI has made the first move on Women’s IPL 2023. The Indian board has released the tender for Media Rights on Friday. With Disney-Star, Viacom18, Sony Sports Network all interested, BCCI will expect another round of windfall. Similar to IPL Media Rights, broadcasters will bag WIPL Media Rights for a 5-year period. December 31 is the last day to submit the Invitation to Tender document. BCCI will also float the tender for franchise auction soon. Follow IPL 2023 Auction LIVE Updates on InsideSport.IN.

It should be noted that BCCI pocketed Rs 48,390 crore from sale of IPL Media Rights. With IPL 2008 Media Rights going for Rs 8,200 Crore, BCCI can expect similar figures for Women’s IPL Media Rights.

Women IPL Media Rights: BCCI floats ITT for WIPL Media Rights, tender for franchise auction soon, Follow LIVE Updates

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 Governing Council of the IPL invites bids from reputed entities to acquire the Media Rights for the Women’s Indian Premier League Seasons 2023-2027, through a tender process,” the BCCI said in a statement.

Women IPL Media Rights: BCCI floats ITT for WIPL Media Rights, tender for franchise auction soon, Follow LIVE Updates

Women IPL Media Rights Details:

The detailed terms and conditions governing the tender process including eligibility requirements, process for submissions of bids, proposed media rights packages, and obligations, etc. are contained in the ‘Invitation to Tender’ (“ITT”) which will be made available on receipt of payment of non-refundable fee of INR 5,00,000 (Rupees Five Lakhs Only) plus any applicable Goods and Services Tax. The procedure to procure the ITT documents is enlisted in Annexure A to this document. The ITT will be available for purchase till December 31, 2022.

Interested parties are requested to email the details of payment made for the purchase of the ITT to wipl.mediarights@bcci.tv, as per the procedure laid down in Annexure A. It is clarified that the ITT documents shall be shared only upon receipt of payment of the non-refundable fee as above.

Any interested party wishing to submit a bid is required to purchase the ITT. However, only those satisfying the eligibility criteria set out in the ITT and subject to the other terms and conditions set out therein, shall be eligible to bid. It is clarified that merely purchasing this ITT does not entitle any person to bid.

BCCI reserves the right to cancel or amend the bidding process at any stage in any manner at its discretion.

Women IPL Media Rights: BCCI floats ITT for WIPL Media Rights, tender for franchise auction soon, Follow LIVE Updates

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 Media Rights: BCCI floats ITT for WIPL Media Rights, tender for franchise auction soon, Follow LIVE Updates

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.