Women’s IPL franchise bids to open today

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Today (Wednesday) is another historic day for Indian women's cricket as the country's top corporates are set to bid aggressively for the five Women's IPL (WIPL) teams.

The auction will be held in Mumbai.

Over 16 groups, including IPL franchises owners - Adani Group, Torrent and Haldiram - are believed to be in the fray.

The top five bidders are likely to be awarded the team rights. BCCI is expecting Rs 4,000 crore gain through team auction, sources say.

It is to be noted that Viacom18 has won the Women's IPL media rights for Rs 951 crore for the next five years, creating euphoria around the league. The first season is to be held in March.

Given the popularity of IPL in India, this event is being seen as a big draw for all stakeholders.

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