WIPL 2023: MI, CSK, And Defending Champions GT Among Those Bidding For Their Teams in IPL

WIPL 2023: MI, CSK, and defending champions GT will be among those bidding for their teams in the IPL. Indian Premier League teams will be the frontrunners in the race to buy Women’s Indian Premier League (WIPL) teams.

At this level 8 IPL teams have WIPL franchises:-

Not one but 8 IPL teams at this stage have floated tenders to own and operate WIPL franchises.

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Defending IPL champions Gujarat Titans, Delhi Capitals Chennai Super Kings, Kolkata Knight Riders, Rajasthan Royals, Sunrisers Hyderabad, Punjab Kings will bid for all WIPL teams:

The remaining two teams, i.e. Royal Challengers Bangalore and RPSG-owned Lucknow Super Giants are also expected to be in the fray.

The competition doesn’t end there. He has tremendous interest in the ownership of the WIPL franchise. According to the informed sources of BCCI, 15 companies have so far selected the tender document.

“The interest for WIPL team ownership is better than they expected. 15 companies have already taken tenders, now we expect the figure to cross two dozen”, said a source involved in the tender process.

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Base Price and WIPL Player Auction Rules:-

• The starting point for bidding will be among capped players in three “reverse pricing” categories (INR 50 lakh, INR 40 lakh, and INR 30 lakh).
• The hammer price at the conclusion of the bidding process will indicate the player’s agreed rate for the competition.
• For uncapped players, the base fee comes in two varieties: INR 20 lakh and INR 10 lakh.
• The “Auction Register” will then be edited by the five yet-to-be-established franchises as per the current process of the IPL to prepare the “Auction List”, which will then be put up for bids.
• Those who are not selected in the auction but are in the “Registered Available Players Pool” will have one more opportunity to be selected as a replacement player.

WIPL Team and Media Rights:-

Five Indian Premier League (IPL) franchises are keen to acquire WIPL 2023 teams. Punjab Kings, Kolkata Knight Riders, Chennai Super Kings, Rajasthan Royals, and Delhi Capitals have shown interest in funding a WIPL team.