The Women’s Premier League (WIPL) is ready to take off for the first time in March 2023. On the one hand, Adani and Haldirams will be participating in the bidding process whereas popular IPL teams like CSK, GT, and LSG have backed out. The deadline to submit technical bids is on January 25. However, other IPL teams like Mumbai Indians, Kolkata Knight Riders, Sunrisers Hyderabad, Royal Challengers Bangalore, and Rajasthan Royals have submitted their bid documents. The technical bid started on January 23 and will end on January 25.
The five teams will play every other opponent twice and a total of 20 matches will b held in the group league stage. Its broadcasting value per day is at Rs 7 crore which will be broadcasted on Viacom 18 as it won the rights to telecast the tournament.
A top official of Chennai Super Kings confirmed that not getting involved in WIPL was a strategic business call. If it went to bid, the franchise would have been one of the favourites in WIPL.
Till now, the Adani Group, and Capri Gopal who own ILT20 teams have picked up the tender. On the other hand, the Glazer family who failed to acquire a team in IPL will try to own one in the Women’s Indian Premier League. The two cement companies namely Chettinad Cement and JK Cement and the Chennai-based Shriram Group, Nilgiri Group, and AW Katkuri Group are in the line as well.
On the other hand, the GMR Group and the JSW Group who jointly own Delhi Capitals took a separate ITT. AWL Apollo, Haldiram, Torrent Pharma, and Uday Kotak are the other interested companies.
All the businesses who have picked the tender document have a net worth of a minimum of Rs 1,000 crore as of March 2023. Irrespective of whichever team gets the ownership of franchises, BCCI will just get richer.
Read more: Usain Bolt left with only $12,000 in his bank account after a financial scam
