Women's IPL franchises fetch $572 million for Indian board

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Women's IPL franchises fetch $572 million for Indian board
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NEW DELHI : The world's most affluent cricket board, India, got further richer by $572.72 million after unveiling five franchises for an Indian Premier League-style T20 tournament for the women on Wednesday.Since 2018, the Indian cricket board (BCCI) has been staging a three-team Women's T20 Challenge alo

NEW DELHI : The world's most affluent cricket board, India, got further richer by $572.72 million after unveiling five franchises for an Indian Premier League-style T20 tournament for the women on Wednesday.

The owners of IPL's Mumbai, Delhi and Bangalore franchises are among the five entities who purchased teams in the Women's Premier League , which will be played in March. "Today is a historic day in cricket as the bidding for teams of inaugural WPL broke the records of the inaugural men's IPL in 2008," tweeted BCCI secretary Jay Shah.

The BCCI has already sold the tournament's media rights for the next five years to Viacom 18 for $117 million which translates into per-match-value of $870,393.

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