Breaking News: Women’s IPL franchises locked in, these five companies made the highest bids
The franchises for the inaugural season of the Women’s Indian Premier League 2023 (WIPL) have been locked in through a financial bidding process that took place today in Mumbai where all of the IPL Governing Council members and the BCCI Officials were present.
It happened through a close bidding process where the top-5 bidders were selected as the franchise owners in the Women’s IPL. This marks a great journey in Women’s cricket in India as it is a big step towards it’s development.
The combined bid valuation made by the five team owners is INR 4669.99 crores which is way more than the combined bid valuation made by eight franchises before the beginning of the Men’s IPL back in 2008.
๐๐๐๐ ๐๐ง๐ง๐จ๐ฎ๐ง๐๐๐ฌ ๐ญ๐ก๐ ๐ฌ๐ฎ๐๐๐๐ฌ๐ฌ๐๐ฎ๐ฅ ๐๐ข๐๐๐๐ซ๐ฌ ๐๐จ๐ซ ๐๐จ๐ฆ๐๐งโ๐ฌ ๐๐ซ๐๐ฆ๐ข๐๐ซ ๐๐๐๐ ๐ฎ๐.
The combined bid valuation is INR 4669.99 Cr
A look at the Five franchises with ownership rights for #WPL pic.twitter.com/ryF7W1BvHH
— BCCI (@BCCI) January 25, 2023
The five bidders who made the highest bids and earned the right to own a franchise in the Women’s IPL are Adani Sportsline Pvt. Ltd. (INR 1289 crores), Indiawin Sports Pvt. Ltd. (INR 912.99 crores), Royal Challengers Sports Pvt. Ltd. (INR 901 crores), JSW GMR Cricket Pvt. Ltd. (INR 810 crores), and Capri Global Holdings Pvt. Ltd. (INR 757 crores).
These five companies will represent the following cities – Ahmedabad (Adani Sportsline Pvt. Ltd.), Mumbai (Indiawin Sports Pvt. Ltd.), Bengaluru (Royal Challengers Sports Pvt. Ltd.), Delhi (JSW GMR Cricket Pvt. Ltd.), and Lucknow (Capri Global Holdings Pvt. Ltd.).
"I think it's going to change women's cricket for the better"
Australia's Alyssa Healy on the upcoming #WIPL ๐ฃ pic.twitter.com/U0SSbRRXBy
— ESPNcricinfo (@ESPNcricinfo) January 23, 2023
The first season of the Women’s IPL will be played in the month of March in a round-robin format solely in Mumbai according to reports. The auction for making the squads will be held in the month of February as reported by sources. Let us hope that Women’s IPL becomes a huge success and helps in the growth of women’s cricket in India.
