MUMBAI: The BCCI has reportedly set a base price of Rs 400 crores for parties interested in bidding for one of the five franchises that will be competing in the inaugural season of the Women’s IPL, set to debut in March 2023.
According to a report in News18, the BCCI has set the price tag of the tender of the franchises at Rs 400 crores. As per the report, there is a “master franchise agreement” in place that requires that team owners need to look at the development of the sport and that women’s cricket needs to be given importance.
Bidding for the Women’s IPL teams is open to existing IPL franchises as well "fresh parties".
The Women’s IPL 2023 is scheduled to take place in March 2023 after the conclusion of the ICC T20 Women’s World Cup 2023, which concludes on February 26.
As per reports in the media, a total of 22 matches will played in the inaugural season of the Women’s IPL. BCCI will also be looking at expanding the number of teams in the Women's IPL once the league has established itself.
A limit of 6 foreign players will be put on the squads and a total of 18 players need to be bought by the franchises to ensure participation in the league.