WPL 2023 Valuation, Sponsors and Other Financial Details
This year, along with the annual IPL (Indian Premier League), BCCI will be hosting the first-ever edition of the Women’s Premier League (WPL) too.
WPL will revolutionise women’s cricket like IPL altered the perception of men’s cricket in India. But businessmen, investors, and even the curious have been wondering if WPL can replicate the success of IPL.
Let us looks into the valuation details of WPL 2023, the sponsors and other key financial details.
WPL 2023 Valuation
Tata WPL 2023 valuation has come as a fresh breath of air to Indian cricket enthusiasts, to say the least. Bids aggregated to about Rs. 4669.9 crores for the five WPL teams, bypassing the bids of eight IPL teams of $723.59 million in 2008.
WPL Team Bidding
Adani Sportsline Pvt. Ltd., the sports arm of Adani, won the bid for the Ahmedabad team by paying a whopping Rs. 1289 crores. On the other hand, Indiawin Sports Pvt. Ltd., owned by Mukesh Ambani-led Reliance, won the bid for the Mumbai team by pitching in Rs. 912.99 crores.
While Royal Challengers Sports Pvt. Ltd., pitched in Rs. 901 crores for the Bengaluru WPL team, JSW GMR Pvt. Ltd. bought the Delhi team for Rs. 810 crores and Capri Global Holdings Pvt. Ltd. pitched a sombre Rs. 757 crores for the Lucknow team.
Also Check: BCCI announces owners of Women’s Premier League teams; combined bid touches Rs 4,699.99 crore
|S. No.||Successful Bidder||City and Franchise||Amount in INR|
|1.||Adani Sportsline Pvt. Ltd||Ahmedabad,
|Rs. 1289 crores|
|2.||Indiawin Sports Pvt. Ltd||Mumbai,
|Rs. 912.99 crores|
|3||Royal Challengers Sports Pvt. Ltd||Bengaluru,
Royal Challengers Bangalore
|Rs. 901 crores|
|4.||JSW GMR Cricket Pvt. Ltd||Delhi,
|Rs. 810 crores|
|5.||Capri Global Holdings Pvt. Ltd||Lucknow,
|Rs. 757 crores|
Women’s Premier League 2023 Sponsors
BCCI has roped in several big names as sponsors for the inaugural edition of the Women’s Premier League (WPL 2023). The Tata Group, Dream11, and CEAT, also long-term IPL sponsors, have entered as partners for the Women’s Premier League.
Tata Group has again bagged itself the title of the Title Rights Partner for WPL, pitching in an unspecified amount every season. It jumped onto the sponsorship opportunity soon after the BCCI (Board of Control for Cricket in India) announced the sale of rights for WPL 2023. Dream11, on the other hand, has become the Fantasy League Partner and is expected to give up Rs. 6 crores every WPL season.
Furthermore, while Ceat has become the Strategic Timeout Partner, pitching in Rs. 4 crores every season, Amul is expected to be the Pouring Partner contributing Rs. 2.5 crores in addition to pouring expenses. As a pouring partner, Amul is expected to shoulder the beverage expenses during the tournament.
Also Check: BCCI announces Dream11, CEAT Tyres and Amul as partners for WPL
Besides, Viacom18 has bagged the streaming partner title for a period of 5 years for itself by signing a Rs 951 crores deal with the Indian Cricket Board.
Also Check: Complete Sponsors of WPL 2023
|Sr. No.||Sponsorship||Sponsor Name||Details|
|1.||Title Sponsor||Tata Group||Unspecified|
|2.||Official Fantasy Partner||Dream11||Rs. 6 crores per season|
|3.||Official Strategic Timeout Partner||Ceat||Rs. 4 crore per season|
|4.||Official Beverage Partner||Amul||Rs. 2.5 crores + pouring expenses extra|
Official Digital Streaming Partner
|Rs. 951 crores for 5 years|
WPL 2023 Auction
Now that we have covered the WPL 2023 valuation and sponsor, let’s look at the top 5 highest paid women cricketers in this WPL.
Teams have been spending big money bidding on players for WPL 2023. For perspective, Indian batter Smriti Mandhana was bought by Royal Challengers Sports Pvt. Ltd for a whopping Rs. 3.4 crores sum.
Australian all-rounder Ashleigh Gardner and England all-rounder Nat Sciver Brunt came a close second and became part of Gujarat Giants and Mumbai Indians, respectively, for Rs. 3.2 crores each. Deepti Sharma, the Indian all-rounder, joined UP Warriorz for a giant Rs. 2.6 crores sum, and star batter Jemimah Rodrigues, joined Delhi Capitals for Rs. 22 crores.
It’s safe to say that the BCCI has generated interest by announcing the WPL to further women’s cricket. But how well the tournament will be received, only time will tell.
WPL 2023 is set to be played from March 4, 2023 to March 26, 2023 in Mumbai. Women’s Premier League will stage a total of 20 league matches and 2 Playoff games that will be played in a duration of 23 days.