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The upcoming Women's Indian Premier League (WIPL) which will be now known as Women's Premier League, has finally found their five franchises who will be splurging a whopping amount of Rs 4669.99 Crore on the glitzy league.
Ahmedabad, Mumbai, Delhi, Bengaluru and Lucknow are the five city franchises and here are the corporates who have won the rights to own them.
Adani Group had offered a bid of ₹1289 crores and has been declared winners for Ahmedabad, followed by Mumbai Indians, who will own Mumbai for an bidding amount of ₹912.99 crores for a 10-year license. The other three winners are Capri Global for ₹757 crore, JSW Group for ₹810 crore and RCB (₹901 crore) for Bangalore. Capri Global will own Lucknow and JSW Group bagged Delhi.
Meanwhile, Board of Control for Cricket in India (BCCI) secretary Jay Shah took to Twitter to announced the update. He wrote,"is a historic day in cricket as the bidding for teams of inaugural #WPL broke the records of the inaugural Men's IPL in 2008! Congratulations to the winners as we garnered Rs.4669.99 Cr in total bid. This marks the beginning of a revolution in women's cricket and paves the way for a transformative journey ahead not only for our women cricketers but for the entire sports fraternity. The #WPL would bring necessary reforms in women's cricket and would ensure an all-encompassing ecosystem that benefits each and every stakeholder.
The @BCCI has named the league - Women's Premier League (WPL). Let the journey begin...."
Having earlier expressed their interest in owning a Women’s IPL team, Chennai Super Kings have pulled out of the race. The BCCI invited all ITT buyers to a designated venue to showcase their interests. CSK, who purchased the ITT, gave the event a miss.
Women's IPL 2023 Prize money
The total prize money for the Women's Indian Premier League 2023 will be Rs 10 crore, with Rs 6 crore going to the champion team and Rs 3 crore to the runner-up group. The third-place team will receive Rs 1 crore. The BCCI stated that "player prize money is to be distributed amongst the players only."
All about Squad size and overseas Players
The minimum squad size will be 15 and the maximum will be 18. A squad can contain a maximum of 7 overseas players, including one from an associate nation. A playing XI can have a maximum of five overseas players and one must be from an associate nation. The base price of the players will range from INR 10 Lakh to 20 Lakh for uncapped players and from INR 30 Lakh, 40 Lakh to 50 Lakh for capped players.
Women's IPL 2023 broadcast Channel
The WIPL 2023 will be broadcast by Viacom 18 after winning the bid for the rights to air the competition.
Players' purse in Women's IPL 2023
INR 12 crore (USD 1.46 million approx.) will be the auction purse for the inaugural season. Each team can buy a minimum of 15 and a maximum of 18 players, including seven overseas players including at least one Associate player. Unlike in the men's IPL, WIPL teams will have the option of fielding up to five overseas players in the XI, provided one is from an Associate country.
