Women IPL 2023 – WIPL Media Rights Tender: The BCCI has got BUMPER INTEREST for the Women IPL Media Rights Tender. The tender purchase date ended on 31st December. According to BCCI officials more than 10 parties including Disney Star, Sony Network, Viacom18 have picked the tender document. The interested parties will now have to submit their CLOSED BIDS by 12th January. Post the media rights tender, BCCI will sell the WIPL Franchises. The inaugral season of WIPL 2023 is likely to be played from March 3 to 26: Follow IPL 2023 LIVE Updates & Women IPL LIVE Updates with InsideSport.IN
According to informed personnel in BCCI, other than regulars, Amazon Prime, Fancode, Times Internet, Google, Discovery have picked the Tender Documents.
It is worth noting that the BCCI hasn’t kept a base price for MEDIA RIGHTS Tender. After the MEDIA Rights winner is finalized, BCCI will come out with tender to sell the WIPL Franchises. According to the BCCI, MEDIA RIGHTS value will give potential franchise bidders clear-cut revenue visibility.
“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.
- The Media tender was recently floated for the 2023-2027 period.
- The tender was available for purchase till December 31.
- More than 10 parties have picked Tender.
- 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.
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Women IPL 2023: BUMPER interest for WIPL Media Rights, more than 10 parties pick tender as BID SUBMISSION on 12th January: Follow LIVE Updates
BCCI & the women cricketers in India are up for HUGE-WINDFALL in 2023. 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.
“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.
Already interet for acquiring the WIPL franchises is huge. Mohit Burman, who is also chairman of Dabur India Ltd, said that the women’s IPL holds potential. His interest in the tournament could also encourage the others to consider investing.
“We are not sure of the base price. The quantum of money required to acquire a team will be clear once the media rights are in place,” Burman said, adding that selling the media rights first was the right thing to do. “That way, all the bidders can get some visibility on what they’ll get back,” Burman added.
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
Women IPL 2023: BCCI expects each Women franchise to generate ‘1,000 Cr plus revenue’, player purse in range of 40 CRORE: Follow LIVE Updates
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.
“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.
In the league phase of the WIPL, each team will play the other twice (a total of 20 matches), and the table topper will progress straight to the final. The teams that finish second and third in the league will play an Eliminator to determine the second finalist.
Follow IPL 2023 LIVE Updates & Women IPL LIVE Updates with InsideSport.IN
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