Women IPL 2023 – WIPL 2023 Franchise Price: BCCI & the women cricketers in India is up for HUGE-WINDFALL in NEW-YEAR. According to a top BCCI official, ‘the upcoming Women IPL League can generate 1000 Crore plus at Auction for each franchise’. The board official also confirmed to InsideSport that PLAYER salary purse for Women players can be in a range of 40 Crore for each franchise. This means like counterparts, WIPL will make Women Cricketers Millionaires next year: Follow WIPL 2023 LIVE Updates & IPL Auction LIVE updates with InsideSport.IN
“It’s a new product but established concept. Just see the response we are getting for INDIA vs Australia series. This clearly shows Women Cricket has huge growth potential. We are sure each franchsie can fetch 1000 Crore plus. Players will be suitably paid and each franchise can have a player purse of 35-40 Crore”, confirmed top BCCI official to InsideSport.
Windfall Coming for Women Cricketers and BCCI
- BCCI expect to fetch 1000 Cr plus revenue from each franchise
- 400 Crore can be the BASE-PRICE for CLOSED BID
- Player PURSE for each team in range of 35-40 CRORE
- BCCI has already come out with TENDER for Media Rights
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How & When BCCI will sell Women IPL Franchises? First thing first – As per info given by BCCI to InsideSport, the board will sell the women’s IPL franchises & the broadcast rights by way of a closed bid. Unlike for IPL & other BCCI rights the e-auction module will not be used.
The base price for each franchise is likely to be Rs. 400 Crore. The tender document for the franchises will be floated the Media Rights Tender is completed. The BCCI is considering two plans. One is to sell WIPL teams based on zones and conduct the matches at non-IPL venues.
BCCI is of the view that the MEDIA RIGHTS value will give potential franchise bidders clear-cut revenue visibility. It is worth noting that the BCCI hasn’t kept a base price for MEDIA RIGHTS Tender.
- The tender was recently floated for the 2023-2027 period.
- The tender is available for purchase till December 31.
- The bid submission will take place on January 12.
- The BCCI will follow a closed bidding process to award media rights for Women’s IPL.
“We will be coming with franchise rights tender once Media Rights Tender is completed. We feel that is how the potential bidders can give us REAL VAULE for the franchises”, informed a BCCI offcial.
In doing so, the BCCI could be looking to raise anywhere between Rs 6,000 and Rs 8000 crore (in the range of a billion dollars) from the sale of these five franchises.
The BCCI has asked the existing men’s IPL team owners to participate in the bidding but the tender process is open to any and all investors who meet the cricket board’s minimum eligibility criteria. There is no guarantee whatsoever that should the bid of an existing IPL franchise owner and a new investor match, any preference shall be given to the existing franchise owner.
Women IPL 2023: The league will have five franchise-based teams that will play a total of 22 matches. Each team will have a maximum of 18 players in the squad including six foreign players.
Follow WIPL 2023 LIVE Updates & IPL Auction LIVE updates with InsideSport.IN
