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WIPL 2023: Media Rights For The Best Franchise Leagues In The World

WIPL 2023: Media Rights For The Best Franchise Leagues In The World: After immense discussion on Women’s IPL, BCCI decided to launch the much-awaited Women’s IPL on March 2023, where five teams will participate in the grand event to make the league successful. Being one of the biggest cricketing fans, WIPL 2023 will indeed bring a revolution in women’s cricket that will boost the standard of women’s cricket in India. 

Well, we are aware of the fact that the franchise league is dominating world cricket. Similarly, another product that will boost the revolution is Women’s IPL 2023. The league has been in the news for a long time, and today it broke the internet when the Board of Control for Cricket in India (BCCI) announced its media rights. Yes, it was shocking to see Viacom18 fighting for Women’s IPL media rights and acquiring them for ₹951 crores. BCCI secretary Jay Shah confirmed this by stating, “Viacom has committed ₹951 crore, which means per match value of ₹7.09 crore for next five years (2023-27)”. 

Seeing the immense amount of money invested in the franchise leagues is interesting! If media rights for Women’s cricket are this expensive, have you ever wondered how expensive Men’s media rights could be? No, right? To solve all your queries, I am here with an article about media right per episode for the best franchise leagues in the world! 

WIPL 2023 Franchises

According to the reports Adani Group buyed Ahmedabad, followed by Reliance bidding for Mumbai, Diago going all in for Bangalore, Capri Global for Lucknow and DC Franchise for Delhi. According to the reports the combined bid valuation is INR 4669.99 Cr. Well, the most awaited auctions for The Women’s Premier League be held in the first week of February, where the auction purse will be ₹12 Crores!

#WIPL franchises values

Ahmedabad (Adani) 1289 cr
Mumbai (Reliance) 912.99 cr
Bangalore (Diageo) 902 cr
Delhi (JSW &GMR) 810 cr
Lucknow (Capri Global) 757 cr

— KSR (@KShriniwasRao) January 25, 2023

𝐁𝐂𝐂𝐈 𝐚𝐧𝐧𝐨𝐮𝐧𝐜𝐞𝐬 𝐭𝐡𝐞 𝐬𝐮𝐜𝐜𝐞𝐬𝐬𝐟𝐮𝐥 𝐛𝐢𝐝𝐝𝐞𝐫𝐬 𝐟𝐨𝐫 𝐖𝐨𝐦𝐞𝐧’𝐬 𝐏𝐫𝐞𝐦𝐢𝐞𝐫 𝐋𝐞𝐚𝐠𝐮𝐞.

The combined bid valuation is INR 4669.99 Cr

A look at the Five franchises with ownership rights for #WPL pic.twitter.com/ryF7W1BvHH

— BCCI (@BCCI) January 25, 2023

The new RCB logo.

RCB now have a team in both men's and women's IPL. pic.twitter.com/MeUWfQr5x8

— Mufaddal Vohra (@mufaddal_vohra) January 25, 2023

The happiest right now @AlexHartley93? ❤️😃

Royal Challengers Bangalore are the owners of Bengaluru Women's Premier League Team 🙌#WomensIPL #IPL2023 pic.twitter.com/6sIAd1ij8X

— Female Cricket (@imfemalecricket) January 25, 2023

Women's Premier League 🚺🏏

HERE. WE. GO.

— Delhi Capitals (@DelhiCapitals) January 25, 2023

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Also Read: TNCA Future Talents T20 Tournament 2023 Squad Update

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Players Participating in WIPL 2023!

This Section will be updated later

Media Rights For IPL, PSL & WIPL 2023

Indian Premier League (IPL)

Indeed one of the finest production of BCCI, IPL is breaking every record. The league was started in 2009 to provide a platform to the young cricketers who struggled to make a place for themselves on the national side. The brand value of IPL has increased by 318 per cent since its 2009 launch, rising from about $2 Billion to over $8 Billion this year. The franchise league’s primary source of income is media rights, and according to reports, IPL’s media rights are 107.5 Crore per game. Thanks to this, IPL is the most prosperous league in the world. 

Pakistan Super League (PSL) 

BCCI banned Pakistan from playing IPL in 2012; in response, the Pakistan Cricket Board (PCB) came up with its franchise league Pakistan Super League in 2015 to compete with the best leagues in the world. Fans across the globe appreciated the move from PCB and helped the board to make PSL a considerable success. PSL, since its launch, has been growing well. The PCB revealed that the PSL saw a 71 per cent increase in profit in the 2022 season, playing entirely in Pakistan. Before the season began, each franchise received ₹900 Million (US$3.9 Million) in revenue. That’s huge. PSL’s media right per game is 2.44 Crore per game, which helps the league compete with the other players. 

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Women’s Indian Premier League (WIPL)

The year 2023 will witness the first edition of the Women’s Indian Premier League, where the BCCI has announced the competition will feature five teams and take place in India in March 2023. BCCI announced its media rights today, bringing the league’s long history of media attention to a close. Viacom18 got the media rights for WIPL for five years for ₹951 Crore, which makes ₹7.05 Crore per game. Even the head of UTV, Ronnie Screwvala, stated that he would consider purchasing a WIPL franchise.

About the right time to say this but we MUST have a women’s @IPL – and soon …..and I throw my hat in the ring to taken on one of the opening teams @BCCI @BCCIWomen

— Ronnie Screwvala (@RonnieScrewvala) April 1, 2022

It is known that organizations like the Chennai Super Kings, Rajasthan Royals, and Mumbai Indians have all expressed interest in purchasing organizations. For more IPL updates, stay tuned to our page and feel free to share your thoughts in the comments section.

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