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Sports

BCCI announces owners of Women’s IPL teams; combined valuation of ₹4,670 crore

Image for representation only | Photo Credit: AFP The BCCI on Wednesday earned a ₹4,669.99 crore windfall for the sale of five teams in the inaugural Women’s Indian Premier League (WPL) with Adani Sportsline shelling out a massive ₹1,289 crore for the Ahmedabad team, which emerged the most expensive franchise.IPL team owners Mumbai Indians, Royal Challengers Bangalore and Delhi Capitals made successful bids of ₹912.99 crore, ₹901 crore and ₹810 crore respectively to enter the WPL.Capri Global Holdings got the Lucknow franchise for ₹757 crore.“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 ₹4,669.99 Cr in total bid,” BCCI secretary Jay Shah tweeted.Earlier t...
Sports

WIPL | Auction base price to be between ₹10 lakh and ₹50 lakh

Representational image of an IPL auction | Photo Credit: Sportzpics for IPL The base price for the inaugural auction ahead of the Women’s Indian Premier League (WIPL) has been divided in five categories from ₹10 lakh and ₹50 lakh. The deadline for registration for the auction is January 26.According to the “guidance notes” for auction registration system shared by the Board of Control for Cricket in India (BCCI) with the state associations, accessed by The Hindu, the reserve prices a cricketer can choose are specified.While capped players — those who have played for India or currently have a central contract — can choose either ₹30 lakh, ₹40 lakh or ₹50 lakh as their base price, the uncapped cricketers have been given two options (₹10 lakh and ₹20 lakh).The communication to state asso...
Sports

BCCI invites bids to own WIPL teams

Image used for representative purpose only. File The BCCI on Tuesday invited bids to own and operate teams in the inaugural Women's Indian Premier League (WIPL) scheduled for March. The inaugural season of the Women's IPL is likely to be played from March 3 to 26, which will be followed by the men's IPL. "Board of Control for Cricket in India (BCCI) announces release of Invitation to Tender for the right to own and operate a team in Women’s Indian Premier League," the board said in a statement. "The Governing Council of the IPL invites bids from reputed entities to acquire the right to own and operate a team in Women's Indian Premier League, through a tender process." The ITT will be available for purchase for a non-refundable fee of Rs five lakh till January 21. "Any interested party ...