Highlights | First WIPL 2023 Teams Auction: BCCI Earns RECORD Rs 4669.99 cr in Total bid, 5 Franchises Finalised

First Women's Indian Premier League 2023 T20 Cricket LIVE Coverage: Here's all you need to know about the team auction of WIPL, which will be for a 10-year period.

Zee News

A total of 17 bidders will compete in the BCCI's January 25 auction to purchase the five women's IPL franchisees ahead of the league's debut seson in March 2023. This list of bidders include seven team owners from men's IPL. The winners of the auction will be chosen through a closed-bid procedure on Wednesday (January 25) afternoon in Mumbai. As part of clearing the technical-bid process, the BCCI listed a number of eligibility requirements for bidding, one of which is that the bidders must have an audited net worth of at least Rs 1000 crore as of March 31, 2022. According to sources, the organisations that own the IPL franchises Mumbai Indians, Kolkata Knight Riders, Royal Challengers Bangalore, Rajasthan Royals, Punjab Kings, Sunrisers Hyderabad, and Delhi Capitals have submitted technical bids by Monday's deadline.

The other three men's IPL team owners, Gujarat Titans, Lucknow Super Giants, chose not to participate in the bidding process despite having purchased the tender paperwork. Adani Group, Capri Global, Haldiram's Group, Torrent Pharma, Apollo Pipes, Amrit Leela Enterprises, Shriram Group, and Slingshot 369 Ventures Private Limited are just a few of the companies that will be included in the financial offers.

Huge money put in for IPL.#IPL #WIPL #India #WomensIPL #CricTracker pic.twitter.com/wJqZPlG7Zb

— Bahaar ____ (@bahar_Udd) January 16, 2023

In the tender document, the BCCI has identified ten Indian cities and the venues, allowing one entity to submit a bid for multiple cities. Bids will be considered for a ten-year period, from 2023 to 2032, and there is no fixed base price.

Check Live Updates from Women's IPL team auction here.

25 January 2023

16:07 IST

First WPL Auction Updates: MI, RCB, DC enter Women's Premier League 

"Taking forward its commitment in supporting sports for women and expanding the MI #OneFamily, Mumbai Indians announce the addition of a very special franchise - a women’s cricket team in the first-ever Women’s Premier League (WPL) slated for March 2023. This makes MI’s women’s team the fourth MI franchise after Mumbai Indians, MI Cape Town, and MI Emirates," wrote MI in a statement.

RCB and DC also tweeted about the historic news. 

Proud to announce that @TheJSWGroup GMR Group and @DelhiCapitals are the proud owners of the Delhi Women's IPL team. This marks a historic moment for Indian cricket and for the women's game and we could not be more proud to own the Delhi Capitals WIPL franchise!

— Parth Jindal (@ParthJindal11) January 25, 2023

Breaking barriers, making history, and playing bold!

Royal Challengers Bangalore are the proud owners of the Bengaluru Women's Premier League Team _#PlayBold #ItsHerGameToo #WomensIPL pic.twitter.com/swO4EvhZQc

— Royal Challengers Bangalore (@RCBTweets) January 25, 2023

15:42 IST

First WIPL 2023 Teams Auction: Meet WPL franchise owners

The auction happened in a closed door and the details are now out as you can see in our earlier updates. 

Ahmedabad team ownership goes to Adani Group. 

Mumbai to Indiawin Sports PVT LTD. 

RCB gets Bengaluru franchise

JSW GMR that owns Delhi Capitals will own Women's team from the city too

Capri Global Holdings Pvt Ltd - Lucknow

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