Viacom 18 bagged the media rights for Women’s IPL 2023-27 cycle at a whooping price of Rs 951 crore which means per match value of Rs 7.09 crore for the next five years. At least eight of the 10 men’s IPL franchises will be bidding to own teams in the Women’s IPL. The BCCI will be unveil the five final WIPL franchises on January 25.
Board of Control for Cricket in India (BCCI) secretary Jay Shah on his Twitter account confirmed the news. “Congratulations @viacom18 for winning the Women’s @IPL media rights. Thank you for your faith in @BCCI and @BCCIWomen. Viacom has committed INR 951 crores which means per match value of INR 7.09 crores for next 5 years (2023-27). This is massive for Women’s Cricket,” Jay Shah tweeted on Monday.
The BCCI decided to introduce the women’s format last year. The first season’s opening match as per reports is scheduled for March. The BCCI has not officially released the tournament’s schedule, but it is likely that the first season, which would consist of 22 matches, will take place between March 5 and March 23.
Five price ranges, from Rs. 10 lakh to Rs. 50 lakh, make up the base price for the first auction prior to the WIPL. The auction’s registration cutoff date is January 26. Uncapped cricketers have two alternatives whereas capped players—those who have represented India or are currently on a central contract—can select one of three basic prices: Rs. 30 lakh, Rs. 40 lakh, or Rs. 50 lakh (Rs. 10 lakh and Rs. 20 lakh).