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Women’s IPL 2023: BCCI gets Rs 5650 Cr windfall for the sale of 5 Women’s IPL franchises

Women’s IPL (BCCI Twitter)

The Indian cricket board has earned a significant windfall for the sale of five teams in the inaugural Women’s Premier League (WPL). Adani Sportsline spent the most, shelling out a massive Rs 1289 crore for the Ahmedabad team. Other successful bids came from Mumbai Indians, Royal Challengers Bangalore, and Delhi Capitals, who spent Rs 912.99 crore, Rs 901 crore, and Rs 810 crore respectively. Capri Global Holdings won the Lucknow franchise for Rs 757 crore.

The WPL, set to take place in March, has already fetched Rs 5,650.99 crore to the BCCI. The league’s broadcast rights, bought by Viacom for Rs 951 crore, make it the second-highest among T20 leagues, only behind the Indian Premier League (IPL).

This is a huge success for the BCCI as the league has even surpassed the value of the eight franchises in the men’s IPL during its inaugural edition in 2008, with the IPL fetching the BCCI a sum of US$ 723.59.

BCCI Secretary Jay Shah stated that this marks the beginning of a revolution in women’s cricket and paves the way for a transformative journey ahead not only for women cricketers but for the entire sports fraternity. The WPL will bring necessary reforms in women’s cricket and ensure an all-encompassing ecosystem that benefits each and every stakeholder.

“Today 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,” BCCI secretary Jay Shah tweeted.

The BCCI secretary also confirmed the name of the women’s league which has been termed as the Women’s Premier League. “The BCCI has named the league – Women’s Premier League (WPL). Let the journey begin.

“Today 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. 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,” Shah said in a series of tweets.

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