Women's Premier League 2024

‘Historic Moment’ – Fans thrilled as five teams for Indian Women’s T20 League are announced

The Indian Cricket Board will earn 4600 crore INR over a ten-year period.
Women's Indian T20 League
Women’s Indian T20 League (Source: Twitter)

The Women’s Indian T20 League will be held this year. The highest bid for a franchise was made by the Adani Group which made a whopping bid of 1,289 crore INR to bag the Ahmedabad-based team in the Women’s Indian T20 League. The three other bids which were the biggest were Bangalore, Delhi and Capri Global. The five teams will be from Mumbai, Bangalore, Delhi, Lucknow and Ahmedabad.
At the end of the Women’s Indian T20 League auction, the Indian Cricket Board now has 4600 crore INR in its kitty. It will earn this enormous sum over a period of 10 years.

The Five Biggest bids are

Adani Sportsline Pvt. Ltd – 1289 Crore: Ahmedabad
Indiawin Sports Pvt. Ltd (MI) – 912.99 Crore: Mumbai
Royal Challengers Sports Pvt. Ltd – 901 Crore: Bangalore
JSW GMR Cricket Pvt. Ltd (DC) – 810 Crore: Delhi
Capri Global Holdings Pvt. Ltd – 757 Crore: Lucknow

Historic day in Indian Cricket – Jay Shah

This is what Indian Cricket Board secretary Jay Shah had to say on the Women’s Indian T20 League auction. “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.”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,”  Shah added.

Here are the tweets:

The Indian Cricket Board had said earlier that the Broadcast rights had gone to Viacom 18 which was worth 951 crore INR which was the winning bid. The bid of 951 crore INR which is an enormous amount comes to 7.09 crore INR per match in the 2023 to 2027 cycle. The revenue-sharing bifurcation is an 80:20 ratio in the initial five-year cycle. This means that 25 crore INR will be the amount in hand that the teams will have.

The tournament in all probability will be played in March 2023. The tournament will comprise of 22 matches in total. Each squad will consist of 18 players, out of which there will be 6 overseas players. In the playing XI not more than five overseas players with one spot being reserved for a player from an associate nation. Let us take a look at the reactions on Twitter.

 

 

 

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