MUMBAI: The Board of Control for Cricket in India (BCCI) Friday announced the release of Invitation to Tender (ITT) for media rights to the Women’s Indian Premier League (WIPL) Seasons 2023-2027.
The IPL governing council has invited bids from “reputed entities” to acquire the media rights for the WIPL seasons 2023-2027, through a tender process.
The detailed terms and conditions governing the tender process including eligibility requirements, process for submissions of bids, proposed media rights packages, and obligations, etc. are contained in the ITT, which will be made available on receipt of payment of non-refundable fee of INR 5,00,000 (Rupees Five Lakhs Only) plus any applicable Goods and Services Tax.
The ITT will be available for purchase till December 31.
The BCCI clarified that only those “satisfying the eligibility criteria set out in the ITT and subject to the other terms and conditions set out therein, shall be eligible to bid”.
The Indian cricket board further clarified that merely purchasing this ITT does not entitle any person to bid. BCCI reserves the right to cancel or amend the bidding process at any stage in any manner at its discretion.
In a related development, the BCCI has reportedly set the base price for acquiring a franchise in the five-team WIPL at Rs 400 crore ($49.1 million).
The inaugural edition of the WIPL is set to take place in March, 2023.
