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The Board of Control for Cricket in India (BCCI) on Friday, December 9 announced release of Invitation to Tender for Media Rights to the Women’s Indian Premier League Seasons 2023-2027.
“The Governing Council of the IPL invites bids from reputed entities to acquire the Media Rights for the Women’s Indian Premier League Seasons 2023-2027, through a tender process,” BCCI said in a statement.
The detailed terms and conditions governing the tender process including eligibility requirements, process for submissions of bids, proposed media rights packages, and obligations, etc. are contained in the ‘Invitation to Tender’ (“ITT”) which will be made available on receipt of payment of a non-refundable fee of INR 5,00,000 (Rupees Five Lakhs Only) plus any applicable Goods and Services Tax.
The procedure to procure the ITT documents is enlisted in Annexure A of the document. The ITT will be available for purchase till December 31, 2022.
🚨NEWS🚨:
BCCI Announces Release Of Invitation To Tender For Media Rights To The Women’s Indian Premier League Seasons 2023-2027.
More details 👇https://t.co/wAudbmAVBz
— IndianPremierLeague (@IPL) December 9, 2022
It is clarified that the ITT documents shall be shared only upon receipt of payment of the non-refundable fee as above.
Any interested party wishing to submit a bid is required to purchase the ITT. However, only those satisfying the eligibility criteria set out in the ITT and subject to the other terms and conditions set out therein shall be eligible to bid. It is clarified that merely purchasing this ITT does not entitle any person to bid.
“BCCI reserves the right to cancel or amend the bidding process at any stage in any manner at its discretion,” the statement further said.
Notably, the BCCI had sold the media rights for men’s IPL through e-auction. However, whether the media rights bid for WIPL will be a sealed one-time bid or an incremental e-auction bid has not yet been specified.
In June this year, the BCCI earned a whopping Rs 48,390 crore through IPL media rights for five years, starting in 2023.
While Disney Star retained their Indian sub-continent TV rights with a figure of Rs 23,575 crore, the most sought-after India digital rights deal was acquired for Rs 20,500 crore by the Reliance-backed Viacom18, which also won the non-exclusive Package C, paying another Rs 2,991 crore.
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