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WIPL Team Auctions Today 17 Bidders Compete For 5 Women’s Franchises In Mumbai, Everything You Need To Know | Cricket news

The first-ever Women’s Indian Premier League (WIPL) team auction will take place on Wednesday afternoon (January 25) in Mumbai. A total of 17 bidders will compete for five women’s IPL franchises up for grabs leading up to the first edition in March 2023.

Of those 17 bidders, seven are companies that own men’s IPL franchises – Mumbai Indians, Kolkata Knight Riders, Royal Challengers Bangalore, Rajasthan Royals, Punjab Kings, Sunrisers Hyderabad and Delhi Capitals – as only these teams have controlled net worth in excess of Rs 1,000 crore as of March 31, 2022.

The other three men’s IPL franchises, including MS Dhoni’s Chennai Super Kings, IPL 2022 champions Gujarat Titans and Lucknow Super Giants, opted not to participate in the bidding process, though they purchased the tender document.

The main corporate entities that will be part of the financial offers are Adani Group, Capri Global, Haldiram’s Group, Torrent Pharma, Apollo Pipes, Amrit Leela Enterprises, Shriram Group and Slingshot 369 Ventures Private Limited.

The BCCI has a total of 10 Indian cities and the locations listed in the tender document, allowing a single party to bid for more than one city. No base price has been set and bids will be accepted for a ten-year period – 2023 to 2032.

The 10 shortlisted cities and venues are Ahmedabad (Narendra Modi Stadium, capacity 112,560), Kolkata (Eden Gardens, 65,000), Chennai (MA Chidambaram Stadium, 50,000), Bengaluru (M Chinnaswamy Stadium, 42,000), Delhi (Arun Jaitley Stadium , 55,000 ), Dharamsala (HPCA Stadium, 20,900), Guwahati (Barsapara Stadium, 38,650), Indore (Holkar Stadium, 26,900), Lucknow (AB Vajpayee Ekana Cricket Stadium, 48,800) and Mumbai (Wankhede/DY Patil/Brabourne Stadiums) .

What will be the salary range of the 5 WIPL franchises?

An auction grant of Rs 12 crore would be available for each franchise to build their squads for the first season. The Indian cricket board has not yet formally announced the auction date, but it is expected to be in the first week of February.

In the offer document, the BCCI stated that the size of the selection should be between 15 and 18. A total of seven foreign players would be allowed in each squad, including those from associated countries. As for playing XIs, there is a maximum of five foreign players, including one from an associated country.

The inaugural season of the women’s IPL is likely to be played between March 5 and March 23 and will take place entirely in Mumbai.

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