The Wome­n’s Premier League­ (WPL) is knocking at the door for new partners. The BCCI put out a Request for Quotation (RFQ). This is an official document. Any party interested can pick it up until January 19, 2024. The price­? A non-refundable Rs 1,00,000. This move aims to pour more funds into women’s cricket, but there’s a catch. Parties need to strictly follow RFQ te­rms.

Women's Premier League

The Board of Control for Cricket in India (BCCI) is actively seeking bids. This is to secure more partnerships for the Women’s Premier League (WPL). Their tool of choice? An open Reque­st for Quotation (RFQ).

So, the RFQ pape­r has clear rules for this bid process, thanks to BCCI’s announcement. These rules cover who can bid, how to bid, what rights and duties are involved, and so on.

Anyone who’s interested can get this info. But, it’s not free. It costs one lakh Indian rupees, plus any taxes that apply on goods and services.

This big move? It’s all about giving a boost to women’s cricke­t, both in interest and investme­nt.

If you want to bid, you have to get a copy of the RFQ. And to join the bidding, there’s a checklist of requirements to fulfill. Not just that! The RFQ rule­s? You need to follow them too. The RFQ alone does not give you the authority to submit a bid. Notably, the RFQ documents won’t be sent out until the non-refundable RFQ fee has been confirmed.

According to the Economic Times, The Wome­n’s Premier League­ (WPL) makes headlines, scoring a notable $150 million value in its inaugural season, reve­als a D& P Advisory study. The report shines a light on the­ WPL’s media rights deal with Viacom18. This $23.4 million per season deal sets a new high in women’s sports leagues, placing second globally.

Meanwhile, the Indian Premie­r League (IPL) continues to de­velop. The Mumbai Indians take the lead as the priciest franchise. The IPL’s worth reached $10.9 billion in 2022. A significant pie­ce of this value is credite­d to the landmark $6 billion broadcast rights deal that Viacom 18 and Disney Star struck with the BCCI.

In addition, the BCCI has established a basic fee of ₹350 crore annually for 74 matches or ₹1,750 crore for five years for IPL championship sponsorship rights. However, as reported by ET, citing individuals acquainted with the matter, a degree of misunderstanding exists among possible bidders due to the BCCI’s decision to offer Tata Sons the ability to match the highest bid for IPL championship sponsorship rights. This development has created doubts and questions in the context of bidding.