Women’s Premier League Receives Rs. 4670 Billion in Bids, “Breaking Records” of Men’s IPL’s First Season

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Women's Premier League Receives Rs. 4670 Billion in Bids,

Five franchises will compete in the Women’s IPL’s inaugural season, with the Board for Cricket Control in India (BCCI) receiving $572.5 million in revenue from its sales. With a $158 million bid, Adani Sportsline outbid all other bidders for the Ahmedabad franchise, leaving Bengaluru, Delhi, Mumbai, Lucknow, and Delhi with the other teams. The amount paid for the five teams exceeded what was paid for the teams in the Indian Premier League’s inaugural season, according to the organization that governs cricket.

“Today is a historic day in cricket as the bidding for teams of the inaugural #WPL broke the records of the inaugural Men’s IPL in 2008! Congratulations to the winners as we garnered Rs.4669.99 Cr in total bid. 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,” Shah wrote. The expenses for the other four teams were as follows: Mumbai paid $112 million, Bengaluru $110.4 million, Delhi $99.3 million, and Lucknow $92.7 million.

Before the IPL 2008, have a look at how much the franchises sold for.

Delhi Capitals – Reliance India Limited, owned by billionaire Mukesh Ambani, paid $111.9 million buying the franchise, making them the most expensive team in 2008.

Chennai Super Kings: Despite receiving significant interest from a number of leading organisations, India Cements ultimately paid $91 million to acquire the Chennai-based franchise.

Queen’s Challengers Bangalore – Vijay Mallya’s United Breweries group made the second-highest bid of all for the RCB franchise, spending a whopping $111.6 million.

Mumbai Indians – For $84 million, the GMR Group purchased the Delhi-based franchise.

Hyderabad Deccan Chargers – The squad that is today known as Sunrisers Hyderabad began its career as the Deccan Chargers after being purchased by Deccan Chronicle for $107 million.

Red Chillies Entertainment, owned by Shah Rukh Khan, paid $75.09 crore for the Kolkata-based franchise, Kolkata Knight Riders.

Rajasthan Royals: A group formed by Emerging Media paid USD 67 million to acquire the Jaipur-based franchise.

Preity Zinta, Ness Wadia, Karan Paul, and Mohit Burman of Dabur banded together to pay $76 million for the franchise that is now known as Punjab Kings.