oppn parties WPL Auctions: Concern Over The Small Purse Of Rs 12cr For Each Franchisee

News Snippets

  • Supreme Court says all cases of mob violence and lynchings should not be given a communal angle
  • Supreme Court tells petitioners who want elections to be held with ballot papers as they fear EVM tampering to back their claims of tampering with data
  • PM Modi says he is indebted to the Constitution which is an article of paith for his party
  • Mamata Banerjee says people do not have freedom to eat what they want under NDA then how can they have freedom to speak
  • Bengal, wary of clashes on Ramnavami, has tightened security all over the state, especially in pockets that witnessed such clashes in previous years
  • Ramdev and Balkrishna of Patanjali offered apology to the Supreme Court for misleading advertisement with folded hands. The apex court had earlier said their apology was not worth the paper it was written on
  • A whistleblower has claimed that China bribed senior UN officials to keep the lab leak angle out of reasons for spread of Covid
  • Two men from Bihar were arrested from Gujarat for firing at actor Salman Khan's home on Sunday morning. Mumbai Police said they wanted to kill the actor
  • Supreme Court order West Bengal governor to appoint VCs to six universities from the names provided by the state government in one week
  • Wow! Momo raises Rs 70cr from Z3Partners in the latest round of funding
  • IMF raises India's growth forecast from 6.5% earlier to 6.8%
  • Re plunges to a new low of 83.54 per dollar as global tensions mount
  • Stocks remain weak and negative on Tuesday: Sensex plunges 456 points to 72943 and Nifty 124 points to 22147
  • Candidates' Chess: D Gukesh draws with Ian Nepomniachtchi and with six points each, both reamin joint leaders. Pragg also drew with Vidit Gujrathi
  • IPL: Table-toppers RR beat KKR by 2 wickets
Encounter at Kanker in Bastar in Chhatisgarh: 29 Maoists, including 3 'senior commanders' gunned down by security forces
oppn parties
WPL Auctions: Concern Over The Small Purse Of Rs 12cr For Each Franchisee

By Slogger
First publised on 2023-02-10 06:06:30

About the Author

Sunil Garodia Holding an extreme view and carting the ball out of the park is what interests him most. He is a hard hitter at all times. Fasten your seatbelts and read.

With the Women's Premier League (WPL) now in place and with BCCI having got a whopping Rs. 4699.99cr as bidding amount for the 5 teams, the auctions for players will now take place on February 13. A total of 409 players from 15 countries will go under the hammer. The BCCI has selected 246 Indian players and 163 overseas players for the auction from the 1525 registrations it received. The franchisees have a purse of Rs. 12cr for building a team of between 15-18 players and they can include 6 overseas players. Players have registered in different base price bands with 10 Indians and 14 overseas players having the highest base price of Rs 50 lakh.

But, as former Indian skipper Diana Eduljee has said, the purse of Rs 12cr is too small for a tournament like the WPL. It is obvious that there will be spirited bidding for the players with the highest base price as they are the best in the game. Indians like Smriti Mandhana, Harmanpreet Kaur, Deepti Sharma and Shefali Varma and overseas players like Alyssa Healy, Ellyse Perry, Sophie Ecclestone, Sophie Devine and Deandra Dottin can easily command over Rs. 2-3cr each. Even emerging star Richa Ghosh can command over Rs 1cr. So if a franchisee bids for two or three players from this elite group, it will not be left with much to get the other 12-15 players needed to form the team. Consequently, the other players will get much less than what they deserve. 

It is true that there are fewer teams (than the IPL) and they will play lesser number of matches, yet Rs. 12cr is not the ideal purse. It should have been at least Rs. 20cr for the franchisees to comfortably build good teams and for the players to get what they deserve. But these are early days and the WPL, including the auction and the purse amount, will go through a period of experimentation. One is sure that the BCCI will increase the purse if needed after the first tournament and after it receives feedback from franchisees and players.