Women’s IPL also made BCCI rich, sold media rights for Rs 951 crore
Viacom18 on Monday acquired the media rights of the Women’s IPL for five years (2023-27) in the auction. Viacom18 won the auction by spending a whopping amount of Rs 951 crore.
Viacom18 on Monday acquired the media rights of the Women’s IPL for five years (2023-27) in the auction. Viacom18 won the auction by spending a whopping amount of Rs 951 crore, which is said to be equivalent to Rs 7.09 crore per match. BCCI Secretary Jai Shah gave this information on Twitter on Monday 16 January.
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Jay Shah tweeted, “Congratulations Viacom18 for winning the media rights for the Women’s IPL. Thank you for your faith in BCCI and BCCI Women’s Cricket. Viacom has promised Rs 951 crore, which means per match value of Rs 7.09 crore for the next 5 years (2023-27). This is a big thing for women’s cricket.
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Viacom18 had earlier bagged the digital rights for the men’s IPL as well as the ongoing SA20 league in South Africa for the same cycle.
The first edition of the Women’s IPL will be played in March this year and the final of the tournament will precede the Men’s IPL. A total of 5 teams will participate in this edition.
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BCCI has released a list of 10 cities for women’s IPL teams, out of which only five cities will be selected. Kolkata Knight Riders, Rajasthan Royals, Punjab Kings, Delhi Capitals, Gujarat Titans, Mumbai Indians, Sunrisers Hyderabad and Chennai Super Kings are among the franchises that have bid for the WIPL team. It is being told that Royal Challengers Bangalore and Lucknow Super Giants have not yet taken the documents for the bid. It is known that the owners of WIPL teams will be announced on January 25.
The BCCI has not fixed any base price for the WIPL team’s bid, due to which the IPL franchises are showing more interest. It is being said that if BCCI had kept the base price, then potential investors could have pulled back from it. Only those companies or firms will be allowed to bid for the WIPL team, with an audited value of at least 1000 crores by March 31, 2022. The BCCI will evaluate the bids in association with law firm Argus Partners.