The Board of Control for Cricket in India (BCCI) is set to receive another windfall from the Women IPL 2023. For each team, the Indian board has set a base price of Rs 400 crore.
However, it expects no less than Rs 1000 Cr per team. As a result, BCCI’s coffers will reach a minimum of Rs 5000 crore. BCCI earned Rs 48,390 from IPL Media Rights sales alone earlier this year.
BCCI Media Rights for domestic and home games are next. Another five to ten billion dollars is expected.
Since 2008, the base price for Women IPL 2023 teams has been the same as that for Men’s IPL franchises. According to 2008 exchange rates, BCCI had set close to $100 million. Franchise fees will be paid over five years in equal installments.
“It’s not final yet.”. Apex council will meet soon. The tender for the women’s teams will then be floated. However, 400 crores is the consensus. As the teams’ valuations have grown, we expect no less than 1000 crores per team,” a senior BCCI official told Cricbuzzsat.
Interested in WIPL team:
Chennai Super Kings
Royal Challengers Bangalore
Delhi Capitals (GMR Group, not JSW Group)
Kolkata Knight Riders
Sree Aurobindo Pharma
At its AGM last month, the BCCI approved a five-team WIPL. The board also finalized the tournament’s format, which includes 22 matches. Existing men’s IPL franchises have also shown interest in acquiring the franchises. To date, stakeholders are unsure of how franchises will be distributed.
As soon as we receive information on the due process, we will be interested in buying a Women’s IPL team. InsideSport had earlier reported that CSK had not received any notification from BCCI.
Women IPL 2023: BCCI targets Rs 1000 Cr plus revenue from each franchise over 400 Cr base price: Check Details and Follow WIPL 2023
WIPL 2023: All you need to know:
A tender document will be issued by BCCI to franchises interested in buying teams.
The base price is $50 million, or Rs 400 crore, similar to the IPL franchise fee in 2008.
Instead of giving preference to IPL teams, BCCI will hold a tender that is open to all interested parties.
As a result, new players can also outbid IPL franchises.
A separate e-auction will also be held by the BCCI for the broadcast rights.
Women’s cricketers around the world are also being sought by the BCCI.
News18 reported that the BCCI has already begun signing contracts with Indian and overseas players.
This move will help confirm foreign players’ availability in the Women’s IPL.
If the franchise decides to buy the player, this central contract will lead to an agreement with the franchise.
For the men’s IPL, the players will be selected via a draft rather than an auction.
In the same way as the men’s IPL. A squad of 18 players can have a maximum of four overseas players.
It is expected that the tournament will begin in the second week of March in 2023 and conclude around March 23. WIPL matches will be held in two or more cities instead of a home-away system.
We would like WIPL venues to be non-traditional IPL venues. Nevertheless, not every city will see a large crowd for women’s matches. In order to reach that stage, we must prepare accordingly. In future editions, the venues will be rotated to the traditional cricket hubs,” a senior BCCI official had told InsideSport earlier this month.
22 matches will be played over two weeks. The WIPL will follow a league and playoff format with the top team qualifying directly for the championship. In the eliminator, the 2nd and 3rd placed teams will play. Ownership of the team is expected to be finalized by December.
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