A franchise team for the Women's Indian Premier League (IPL) has reportedly been priced at Rs 400 crore by the Board of Control for Cricket in India (BCCI). In March next year, the first edition of the Women's IPL will take place.
According to the reports franchises are expected to sell for over Rs 1,000 crore each. According to reports, BCCI intends to use tenders to auction out the five franchises for the inaugural season.
According to further reports, the Indian cricket board would shortly hold an online auction. On October 18, at its 91st Annual General Meeting in Mumbai earlier this year, the BCCI General Body authorized the Women's IPL.
BCCI keeps the base price at Rs 400 crore for Women's IPL
The cricket also released an official statement in this regard. The statement read: “The General Body approved to conduct the Women's Indian Premier League,” There will be 20 league games in the tournament.
The top team of the table will get direct entry into the finals, while the second and the third team will play an eliminator match to reach the final.
“The General Body approved to conduct the Women's Indian Premier League. To have a good balance of domestic and international players and to have competitive teams, it has been tentatively decided to have five teams for WIPL. Each team can comprise a maximum of eighteen players where no team can have more than six overseas players,” the BCCCI statement added.
Mumbai Indians (MI) and Chennai Super Kings (CSK) have expressed interest in buying Women's IPL teams. Since a few years ago, there has been a demand for an IPL-style women's league in India. In 2016, the Women's Big Bash League was launched in Australia.
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