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BCCI to rake-in Rs 4000 crore in Women’s IPL bids

The Women’s IPL (WIPL) is set to rake in at least Rs. 4,000 crores for the BCCI as top business houses are set to bid aggressively for the five Women’s IPL (WIPL) teams up for auction on Wednesday.

Published

4 years ago

January 23, 2023

Market experts say that the teams are expected to shell out in the “range of 500 to 600 crore INR” per team in the closed-bid auction.

Industry insiders believe the WIPL to be full of huge potential and expect a “few bids” in the Rs 500 crore range, adding that upwards of Rs 800 crore would be a bit ambitious but not totally unexpected.

Corporate giants such as Adani group, Torrent group, Haldiram’s Prabhuji, Capri Global, Kotak and Aditya Birla Group have shown interest in buying a team. They are among at least 30 companies who have bought the bid documents worth Rs 5 lakh including all the 10 men’s IPL teams.

Some of these companies were unsuccessful when BCCI invited bids for two new men’s teams in 2021.

Among the traditional IPL teams, Mumbai Indians, Rajasthan Royals, Delhi Capitals, KKR could seriously contemplate to add to the bouquet of their already existing men’s teams across the globe.

Market insiders say, there are two principles according to which the bids are place by business houses.

First is “Return on Investment” (ROI)- the core principle of any business. It is profit on what an entity spends.

The second one isn’t a business principle as such but in business community they call it “Return of Ego”, which is something where some of the biggest business names are ready to shell out any amount if they have their eyes on buying a particular property. Even if it takes five to seven years for breaking even.

It’s about wanting to purchase something at any cost. An existing IPL franchise with its “steady revenue stream” in place can afford to “bleed” a bit more in initial years which is imperative.

A report quoted a former IPL franchisee official, who once worked on bids, explained the mindset behind the bidding process.

He said that the major earning chunk for a franchise comes from the BCCI media broadcast revenue which is distributed. Second is a is a share from BCCI’s central pool of sponsorship, while third is a franchisee’s own set of sponsorship earnings. Fourth is gate sales, money earned from tickets.

According to the official, the in case of Women’s IPL, the BCCI is going to share 80 percent of media rights money with the teams as opposed to the 50-50 arrangement it has with the men’s IPL teams.

So, if Jio has brought media rights for five years at Rs 950 crore (approx) which is roughly Rs 190 crore per year. So, 80 percent of 190 crore is 152 crore, is what the franchise gets over a period of five years which approximately Rs 30 crore per annum, he explained.

Elaborating further, he added that BCCI will also distribute a chunk of its central pool of sponsorship (title sponsor, co sponsors, various award sponsors) also with franchise. Add to it franchisee’s own revenue pool also. So it could be anything between Rs 15 to Rs 18 crore per year.

This takes up the yearly earnings for a team around Rs 50 crore.

The official elaborated on the expected yearly expenses of a team including the Rs 100 crore franchisee fee to be around Rs 130 crore, so the franchise owners can expect a loss in the orbit of Rs 50 crore or more for the next few years.It

However, he adds, the catch is that the legacy men’s IPL franchises are better placed to offset these losses as they are already making profits after 15 years of IPL. They will club their men’s and women’s team together and perhaps quickly make the profit zone.

The five-team WIPL will be played in the month of March in Mumbai at a couple of venues.

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Football news

Cristiano Ronaldo announces retirement from international football

Cristiano Ronaldo has announced his retirement from international football, bringing an end to his 23-year career with Portugal after 234 appearances and 146 goals.

Published

6 hours ago

November 5, 2026

APNLive Desk

Cristiano Ronaldo has announced his retirement from international football, bringing his 23-year career with Portugal towards an end.

The 41-year-old Portugal captain said he would hand back the No. 7 shirt of the national team after the November international break. Ronaldo made the announcement in a video message shared on social media.

The decision marks the end of one of the most decorated international careers in men’s football. Ronaldo has made 234 appearances for Portugal and scored 146 goals, both records at international level.

Ronaldo’s Portugal career comes to an end

Ronaldo made his Portugal debut in 2003 and went on to represent the country across more than two decades.

He helped Portugal win their first major international trophy at Euro 2016. He was also part of the teams that won the UEFA Nations League in 2019 and 2025.

Ronaldo’s international career also included six World Cup appearances. His final World Cup came in 2026, when Portugal were eliminated by eventual champions Spain in the last 16.

Ronaldo reflects on 23 years with Portugal

Announcing his decision, Ronaldo said it was not an easy choice and described his time representing Portugal as a privilege and responsibility.

He thanked his family, the Portuguese people, as well as the teammates, coaches and staff who were part of his international journey.

Ronaldo also said that Portugal would always remain a part of him.

Record-breaking international career

Ronaldo leaves the Portugal setup as the men’s all-time leading international goalscorer and the player with the most international appearances.

His 146 goals came across 234 appearances for Portugal. He also became one of only two players, alongside Lionel Messi, to feature at six World Cups.

His international career included major individual records as well as team honours, making his departure one of the biggest moments in modern international football.

What happens next

Ronaldo’s announcement comes after he said he would hand back Portugal’s No. 7 shirt following the November international break.

Portugal have Nations League fixtures during the November window, but Ronaldo’s announcement means his international career is now set to conclude after that break.

Cricket news

Abhishek Sharma smashes 113 off 38 balls as India beat New Zealand in 3rd ODI

Abhishek Sharma hammered 113 off just 38 balls as India chased down New Zealand’s 199-run target in 13.2 overs, winning the third T20I by six wickets.

Published

1 week ago

October 27, 2026

APNLive Desk

Abhishek Sharma delivered a stunning batting performance in the third T20 International against New Zealand in Wellington, smashing 113 off just 38 balls to power India’s chase of 199. India reached the target in 13.2 overs, winning the match by six wickets.

The Indian opener’s explosive innings proved decisive as India chased down New Zealand’s total of 198/3. His aggressive approach put the hosts under pressure and helped India complete the chase with plenty of overs to spare.

Abhishek Sharma leads India’s chase

Abhishek’s 113-run knock off 38 deliveries was the standout performance of the contest. His innings provided India with the momentum needed to pursue the 199-run target at a rapid pace.

The century also made Abhishek the central figure of the third T20I, with his power-hitting dominating the contest. India’s successful chase underlined the impact of his innings in a match where New Zealand had posted a substantial total.

India chase down 199 against New Zealand

New Zealand scored 198/3 in their innings, setting India a target of 199. However, India’s batters responded with an aggressive chase, reaching the target in just 13.2 overs.

The six-wicket victory gave India an important result in the five-match T20I series. Abhishek’s century was the defining contribution of the match, ensuring that the visitors completed the chase comfortably.

Abhishek Sharma’s innings takes the spotlight

Abhishek’s quickfire century was the major talking point from the Wellington encounter. Scoring 113 runs from only 38 balls, he combined scoring speed with the ability to keep India’s chase firmly on track.

His performance will be among the key highlights of the third T20I as India continue their campaign against New Zealand.

Cricket news

India beat Pakistan by 19 runs to win Asian Games cricket gold

India beat Pakistan by 19 runs in the Asian Games 2026 men’s cricket final to retain the gold medal in the competition.

Published

1 month ago

October 3, 2026

APNLive Desk

India defeated Pakistan by 19 runs in the men’s cricket final at the Asian Games 2026 on Saturday to retain the gold medal.

India posted 211 for six after being sent in to bat, before restricting Pakistan to 192 for six in their 20 overs. The victory gave India their second successive Asian Games gold medal in men’s cricket.

India post 211 in final

India’s batting was led by Abhishek Sharma, who scored 61 off 28 balls, while Tilak Varma contributed 51 off 22 balls.

The two batters provided the momentum as India reached 211 for six from their 20 overs.

India captain Shreyas Iyer had won the toss and elected to bat first in the final.

Pakistan fall 19 runs short

Pakistan’s chase was anchored by Hasan Nawaz, who made 96 from 51 balls. Saim Ayub added 29 from 22 balls, but Pakistan finished on 192 for six after 20 overs.

India’s Axar Patel and Washington Sundar each took two wickets as Pakistan fell short of the target.

The result secured the gold medal for India, while Pakistan finished with silver. Sri Lanka won the bronze medal after defeating Bangladesh in the bronze-medal match.

India retain Asian Games cricket title

The victory marked India’s second consecutive men’s cricket gold medal at the Asian Games. India had also won the men’s cricket gold at the Hangzhou edition.

India’s victory over Pakistan also completed a gold-medal double for the country in cricket at the 2026 Asian Games, after the women’s team won the women’s cricket final earlier in the competition.