Board will get 4000 crores from Women’s IPL teams: Auction will be held on Wednesday, the price of a team can be up to 800 crores

SportsBoard will get 4000 crores from Women's IPL teams: Auction will be...
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  • Auction Will Be Held On Wednesday, The Price Of A Team Can Be Up To 800 Crores

Board will get 4000 crores from women’s IPL teams:Auction will be held on Wednesday, the price of a team can be up to 800 crores

sports desk2 hours ago
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The auction of the Women’s IPL teams is to be held on Wednesday i.e. January 25. That is, on this day it will be decided which company buys which team. The Indian Cricket Board (BCCI) can get up to 4 thousand crore rupees from this auction.

According to news agency PTI, a team can be sold for Rs 500 to 600 crores. The bid can also go above Rs 800 crore.

This big group in the field
More than 30 companies are competing to buy a team in the women’s IPL. This includes Adani Group, Torrent Group, Haldiram Group, Capri Global, Kotak and Aditya Birla Group, including the owners of Men’s IPL. All of them had bought the bidding document for Rs 5 lakh. Many of these companies have already tried to buy a team in the Men’s IPL in 2021. But she failed.

IPL team owners want a women’s team in their own franchise
Mumbai Indians, Rajasthan Royals, Delhi Capitals and KKR are looking to add a women’s IPL team to their already existing collection of men’s teams around the world. To do this, the owners of all the teams are seriously considering.

Teams share up to 80% in media rights
The board recently sold the media rights of the Women’s IPL for Rs 951 crore for 5 years. That means one match will cost Rs 7 crore. The board will distribute 80% of the media rights earnings among the teams for the first five years. After this 5 years 60% and after that 50% share will go to the teams account. Apart from this, the franchisee will also get 80 per cent of the amount received from the Central Licensing Rights. The rest of the revenue will come from sponsors, sales and tickets.

The first season will be in March this year
The first season of Women’s IPL will be played in March this year. A total of 22 matches between the 5 teams will be held at DY Patil and Brabourne Stadium in Mumbai only. The Wankhede Stadium will be made ready for the men’s IPL. The BCCI had been organizing the Women’s T20 Challenge till now. In comparison, the men used to be in the middle of the IPL season.

Auction of players after the teams are sold
According to media reports, a women’s IPL team will get a purse of Rs 12 crore for buying a player in the auction. Every year there will be an increase of Rs 1.5 crore in the purse. The auction will be held on January 25 after the names of the five teams are revealed.

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