Women’s Cricket League in India sells five teams for $570 million
January 26, 2023
The BCCI designed the Women’s Premier League as a sister version of the IPL. Of the five franchises, three went to existing IPL team owners. Reliance Industries, the owners of the Mumbai Indians, spent $112 million to add the Mumbai women’s team to their portfolio. Diageo, which runs the Royal Challengers IPL franchise, pledged a similar amount for the Bangalore team. A joint venture between JSW and another company, GMR, who jointly control the Delhi franchise in the IPL, successfully bid $99 million for the new women’s team, which will be based in the capital. US Today