The WIPL Franchise auction has been concluded. MI, RCB, DC, Adani Group, and Capri buy 5 franchises of Women IPL aka Women’s Premier League.
First ever Women’s IPL is yet to begin and it has already started shattering records. The bidding for the franchises in the first ever Women’s IPL has broken the record of the inaugural Men’s IPL auction back in 2008.
5 teams will participate in the WPL 2023
The tournament will feature 5 teams across the country. WIPL 2023 is expected to begin in March and will be concluded by the end of April. Each franchise will consist of 6 overseas players and total squad strength of 19 members.
MI, RCB, DC, Adani Group, and Capri Global buy 5 franchises of Women’s IPL
The bidding for the ownership of the WIPL Franchise saw some big corporate giants of India coming in to buy a team in the tournament. Men IPL franchise owners like Royal Challengers Banglore, Mumbai Indians, Rajasthan Royals, Sunriseres Hyderabad, Delhi Capitals, and Kolkata Knight Riders were also participating in the race.
𝐁𝐂𝐂𝐈 𝐚𝐧𝐧𝐨𝐮𝐧𝐜𝐞𝐬 𝐭𝐡𝐞 𝐬𝐮𝐜𝐜𝐞𝐬𝐬𝐟𝐮𝐥 𝐛𝐢𝐝𝐝𝐞𝐫𝐬 𝐟𝐨𝐫 𝐖𝐨𝐦𝐞𝐧’𝐬 𝐏𝐫𝐞𝐦𝐢𝐞𝐫 𝐋𝐞𝐚𝐠𝐮𝐞.
The combined bid valuation is INR 4669.99 Cr
— BCCI (@BCCI) January 25, 2023
Along with RCB, MI, and DC Adani Group and Capri were able to cash in the ownership of 5 franchises. The most expensive franchise cost a whooping 1289 CR to Adani Group. The Gujrat-based company managed to buy the Gujrat-based franchise.
Indiawin Sports Pvt. ltd wins the bid for the Mumbai franchise in WIPL
The owners of Mumbai Indians have sealed the ownership of the Mumbai franchise in WIPL as well. Indiawin won the bid for 912 Crore INR and is the second most expensive among all five.
RCB confirmed as the owner of the Bengaluru franchise in WIPL
The Royal Challengers closed the bid on 901 crores to own the Bengaluru franchise. The owners of RCB were already confident and ready to seal the deal at any cost as they look it as a great business strategy.
Breaking barriers, making history, and playing bold!
— Royal Challengers Bangalore (@RCBTweets) January 25, 2023
Delhi Capitals owners JSW GMR Cricket Pvt. ltd bought the Delhi franchise in the WIPL
Delhi Capitals are also among the 5 owners of the franchises. They sealed the capital city franchise at 810 Crore INR.
Capri Global Holdings Pvt. ltd won the race of the Lucknow team
The Maharastra-based company has sealed the rights of the franchise. Capri Global was already eying to participate in the IPL and WIPL as the company sees the league as a huge marketing boost.