The bid has broken the records of the inaugural men's IPL in 2008.
In this year's bidding, the Women's Indian Premier League, also known as the Women's IPL, won with a staggering figure of 4,669.99 crores, breaking the record of the inaugural men's IPL in 2008.
A bid of 1,289 crores was made by Adani Sports line Pvt. Ltd, the sports subsidiary of Adani Group.
A bid of 912.99 crores by Mumbai-based India win Sports Pvt Ltd. is the second highest bid.
At 901 crore, Bengaluru-based Royal Challengers Sports Pvt Ltd emerged as the third-highest bidder.
Delhi-based JSW GMR Cricket Pvt Ltd emerged as the fourth-highest bidder.
Capri Global Holdings Pvt Ltd, based in Lucknow, came in fifth place with a bid of 757 crores.
The women's IPL media rights were purchased last week by Viacom 18, a joint venture between Network 18 and Paramount Global, formed by Mukesh Ambani and Paramount Global. As a result, Viacom18 has committed 951 crores between 2023 and 2027. They will pay 7.09 for every match in the IPL for the next five years out of their total investment of 2000.
There were also Disney-Star and Sony-Zee in the running for media rights. With the IPL women's media rights sale, the BCCI hopes to raise around Rs. 1,100 to Rs. 1,250 crores annually.
Viacom18 Media Private Limited has won media rights of the women's IPL for Rs.951 Crores.
The Women's Indian Premier League (WIPL) is an Indian women's T20 cricket league that is planned to start in March 2023. It will have five teams playing 22 matches in its inaugural season.
Women's Indian Premier League (WIPL) franchise names will be unveiled on Thursday (January 17) by the Board of Control for Cricket in India (BBCI). BCCI plans to provide women cricketers with a good platform in the inaugural Women's IPL season in 2023.
There is a maximum squad size of 18 players for each team. Teams cannot have more than six overseas players in their squad. Teams will be allowed a maximum of five overseas players, four of them coming from Full Member nations and the fifth from Associate Member nations.
The financial bids of franchises, currently submitted in sealed envelopes, will be opened on that day. However, the BCCI has pointed out in its tender document that it is not obliged to accept the highest monetary offer and will seek ways for the bidders to contribute to the growth of women's cricket in India. WIPL is likely to be held from March 3 to 26.
The BCCI had previously facilitated 80 percent of the profit share with the franchises. The BCCI shall pay the franchisee 80% of all Central Team Licensing Income every year.
BCCI shall pay franchisees an 80% share of Central Rights income in the first five years, 60% in the following five years, and 50% afterward.
Ten stadiums have been shortlisted for hosting the WIPL tournament,
which includes:
Ahmedabad- Narendra Modi Stadium
Kolkata- Eden Gardens
Chennai- MA Chidambaram Stadium
Bangalore- M Chinnaswamy Stadium
Delhi -Arun Jaitley Stadium
Dharamsala- HPCA Stadium
Guwahati- Barsapara Stadium
Indore-Holkar stadium
Lucknow-AB Vajpayee Ekana Cricket Stadium
Mumbai- the trio of Wankhede / DY Patil / Brabourne Stadiums
All the venues are ready for the high-profile event.
There will be five different teams from six different zones of India in the proposed W-IPL. The BCCI will soon invite bids for the five franchises. After the teams are finalized, BCCI will announce the date of the player auction. There will be 22 matches between the five teams in W-IPL, including the eliminator round and final match.
The BCCI has decided to make teams from 6 zones of India.
East, North, South, East, Central, and North East.
Teams Franchises will be by the names of the particular cities of every zone.
Every team will have a total of 18 players in the squad.
4 overseas players can be taken in one team
The BCCI is going to invite bids for the 5 teams for the tournament in 2023. An expected team list will be announced soon.
Eastern Zone WIPL Teams – Team Cuttack – Team Ranchi.
Central Zone WIPL Teams – Team Indore – Team Raipur – Team Indore.
South Zone WIPL Teams – Team Visakhapatnam – Team Kochi.
Western Zone WIPL Teams – Team Pune – Team Rajkot
North Zone WIPL Teams – Team Jammu – Team Dharamshala
North East WIPL Zone – Team Guwahati
As expected, Indian Premier League teams will be the frontrunners to own the Women Indian Premier League (WIPL) teams. Eight IPL teams have been selected to own and operate the WIPL franchise at this point. Gujarat Titans, Delhi Capitals, Chennai Super Kings, Kolkata Knight Riders, Rajasthan Royals, Sunrisers Hyderabad, and Punjab Kings will all bid for the WIPL teams.
Two more teams are expected to join the race, namely Royal Challengers Bangalore and Lucknow Super Giants, owned by RPSG. According to BCCI sources, 15 companies have picked the TENDER DOCUMENT so far. The competition won't stop there. There is a BUMPER interest in the WIPL franchise.
On January 25, the BCCI will open sealed bids for the W-IPL 2023 franchise and announce the winner. The deadline for the submission of technical bids for evaluation, which the BCCI and Mumbai-based law firm Argus Partners will conduct, is January 23. Questions can be submitted until January 13.
Bids will be accepted for 10 years (2023-32) for each of the 10 Indian cities and venues listed in the BCCI's tender.
In addition, Manchester United owners Glazer Family are also interested in entering Indian cricket. The Glazer family made its foray into cricket after acquiring the Desert Vipers franchise in the ILT20 league after failing to acquire an IPL franchise last time. They are now determined to land a women's IPL team.
Although they refused to reveal whether they had picked up bid documents for WIPL franchises, BCCI will make the official announcement after the WIPL team auction takes place on January 25.
To purchase a side in IPL or WIPL, a bid document or Invitation to Tender must be purchased. However, Inside Sport can confirm that Chennai Super Kings and several IPL teams have purchased bid documents for WIPL teams. The deadline for WIPL ITTs is January 21.
In 2021, Glazer Family bid unsuccessfully for both Lucknow and Ahmedabad franchises. CVC Capitals (Ahmedabad) and RPSG Group (Lucknow) ultimately won the franchises.
As part of the eligibility criteria, the BCCI has stipulated that the bidder's audited net worth must be at least INR 1000 crore as of March 31, 2022.
According to the BCCI, consortiums and joint ventures are not eligible.
In its selection of a winning bid, the BCCI has included a clause that says it is not obligated to accept the highest monetary offer. The ICC had a similar clause when selling media rights for women's global events for 2023-27.
To enhance the profile and accelerate the growth of women's cricket in India, the BCCI will consider bidders' visions.
The starting point for bidding will be among three “reverse pricing” categories (INR 50 lakh, INR 40 lakh, and INR 30 lakh) among the capped players.
The hammer price after the bidding process will indicate the player’s agreed-upon rate for the contest.
For uncapped players, the base fee comes in two varieties: INR 20 lakh and INR 10 lakh.
The Auction Register will then be edited by the five yet-to-be-established franchises by the IPL’s present procedure to produce an Auction List, which will then be put up for bids.
Those who don’t get chosen at the auction but are in the Registered Available Player Pool will have another opportunity to be chosen as replacement player (s).
Punjab Kings, Kolkata Knight Riders, Chennai Super Kings, Rajasthan Royals, and Delhi Capitals have all expressed interest in funding WIPL 2023 teams.
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