The owners of men’s IPL teams Mumbai Indians, Delhi Capitals and Royal Challengers Bangalore, as well as the Adani Group and Capri Global have won bids to own the five women’s IPL teams at the auction ahead of the inaugural edition to be played in March this year. The teams will be based in Mumbai, Delhi, Bangalore, Ahmedabad and Lucknow respectively.
The auction, held in Mumbai earlier today, where the winners were identified after opening sealed bids, fetched the BCCI a record sum of INR 4669.99 crore (USD 572,776,000 approx).
More to follow…