3 men's IPL franchises that bid for Chennai Women's IPL team but were not successful
The auction for the franchises in the Women's Premier League ended on January 25th. Mumbai, Ahmedabad, Bengaluru, Lucknow and Delhi are the cities that will be the base for the franchises in the first edition of the tournament. Interestingly, Chennai did not win the bid for any franchise. Chennai is a cricket-fanatic city that already is the base of the cult CSK franchise in the IPL. That said, a few men's IPL franchises did try to get the deal but the bid was not enough. In this article, we take a look at three men's IPL franchises that bid for Chennai Women's IPL team but could not win the bid.
1) Punjab Kings - INR 304 Cr
Punjab Kings did show decent interest in the right to have a Women's Premier League franchise from Chennai. However, the bid was too low and hence, they could not get the deal done. That said, they can still have it when the league expands in the future.
2) Kolkata Knight Riders - INR 666 Cr
KKR is one of the men's IPL franchises that bid for the Chennai Women's IPL team but could not win the bid. There were a lot of expectations from this ownership group as they have franchises across the globe. However, they failed to get a team in WPL. Interestingly, they bid for multiple cities and Chennai was also one of them.
3) Sunrisers Hyderabad - INR 300 Cr
Based out of Chennai, Sun Group was expected to bid for this team. However, their valuation was too low and hence, could not get the franchise. They could still try in the future, though.
* JK Cement: Rs 305 cr for Delhi & Indore.— KSR (@KShriniwasRao) January 25, 2023
In hindsight, Kolkata Knight Riders and the Sun Group (SRH) were the only two bidders -- other than Reliance -- to bid for Mumbai.
The rest clearly saw no point. 🙂
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