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Monday, January 30, 2023

Owners of Mumbai Indians, Delhi Capitals, Royal Challengers Bangalore win bids to own women’s IPL teams

The owners of men’s IPL teams Mumbai Indians, Delhi Capitals and Royal Challengers Bangalore, as well as the Adani Group and Capri Global, have won bids to own the five women’s IPL teams at the auction ahead of the inaugural edition to be played in March this year. The tournament will be known as the Women’s Premier League (WPL), and the teams will be based in Mumbai, Delhi, Bengaluru, Ahmedabad and Lucknow respectively.

The auction, held in Mumbai earlier today, where the winners were identified after opening sealed bids, fetched the BCCI a record sum of INR 4669.99 crore (USD 572.78 million approx). The Ahmedabad team was sold for the highest price: INR 1289 crore (USD 158 million approx), followed by Mumbai (INR 912.99 crore/USD 111 million approx), Bengaluru (INR 901 crore/USD 110 million approx), Delhi (INR 810 crore/USD 99.35 million approx) and Lucknow (INR 757 crore/USD 92.85 million approx).

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