live Infotainment Factory: Astonishing $800m ploughed into women's IPL

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Wednesday, 25 January 2023

Astonishing $800m ploughed into women's IPL


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In a huge win for professional female cricketers around the world, a whopping $800 million was paid for the winning bids to own five teams in India's inaugural Women's Premier League tournament.

The women's league, which is scheduled to begin in March in addition to the men's Indian Premier League tournament, marks a huge change for the women's game given the level of investment.

"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!" Jay Shah, secretary of the Board of Control for Cricket in India, tweeted on Wednesday.

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Australia celebrate as Jess Jonassen takes the wicket of Taniya Bhatia to win the match and the gold medal during the Cricket T20 - Gold Medal match between Australia and India on day ten of the Birmingham 2022 Commonwealth Games at Edgbaston on August 07, 2022 on the Birmingham, England. (Photo by Alex Davidson/Getty Images)

"This marks the beginning of a revolution in women's cricket and paves the way for a transformative journey ahead not only for our women cricketers but for the entire sports fraternity," he added.

The BCCI confirmed that the third richest person in the world, Gautam Adani, made the highest bid of approximately $222 million to own the Ahmedabad team, followed by bids of $157 million for Mumbai, $155 million for Bengaluru, $139 million for Delhi and $130 million for Lucknow.

The BCCI announced it had received $164 million for the media rights for the first five seasons of the new league.

Shah said the new competition would "bring necessary reforms in women's cricket" and will expand the sport, with the pending player auction to be held in February, allowing each team to sign seven overseas players.

For a daily dose of the best of the breaking news and exclusive content from Wide World of Sports, subscribe to our newsletter by clicking here!

In a huge win for professional female cricketers around the world, a whopping $800 million was paid for the winning bids to own five teams in India's inaugural Women's Premier League tournament.

The women's league, which is scheduled to begin in March in addition to the men's Indian Premier League tournament, marks a huge change for the women's game given the level of investment.

"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!" Jay Shah, secretary of the Board of Control for Cricket in India, tweeted on Wednesday.

READ MORE: McIlroy takes swipe at Reed as feud escalates

READ MORE: 'This is nuts': Diamonds title marred by 'extraordinary' call

READ MORE: Dominant Djokovic sends scary message to rivals

Australia celebrate as Jess Jonassen takes the wicket of Taniya Bhatia to win the match and the gold medal during the Cricket T20 - Gold Medal match between Australia and India on day ten of the Birmingham 2022 Commonwealth Games at Edgbaston on August 07, 2022 on the Birmingham, England. (Photo by Alex Davidson/Getty Images)

"This marks the beginning of a revolution in women's cricket and paves the way for a transformative journey ahead not only for our women cricketers but for the entire sports fraternity," he added.

The BCCI confirmed that the third richest person in the world, Gautam Adani, made the highest bid of approximately $222 million to own the Ahmedabad team, followed by bids of $157 million for Mumbai, $155 million for Bengaluru, $139 million for Delhi and $130 million for Lucknow.

The BCCI announced it had received $164 million for the media rights for the first five seasons of the new league.

Shah said the new competition would "bring necessary reforms in women's cricket" and will expand the sport, with the pending player auction to be held in February, allowing each team to sign seven overseas players.

For a daily dose of the best of the breaking news and exclusive content from Wide World of Sports, subscribe to our newsletter by clicking here!

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