Ness Wadia: Billions for New IPL Equipment; Wadia reveals equipment prices: ipl 2021 ness wadia says new equipment would cost 3,500 crore

Highlight:

  • Wadia Says IPL Teams Could Get Up To Rs 3.5 Billion
  • The base price for new equipment at the IPL is Rs 2 billion.
  • The final of the current IPL season will be played on October 15.

New Delhi: Two new teams will arrive at the IPL starting next season. The BCCI has already started the bidding process for this. Requests from interested parties are invited. The base price of the equipment is Rs 2000 million. Ness Wadia, co-owner of Punjab Kings, is now revealing how much the BCCI could receive through the teams.

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Wadia has revealed that the price of new equipment at the IPL could be 50 to 75 percent higher than the base price. According to this, a team will get Rs 3,000 to Rs 3,500 crore. The teams will be announced on October 25, Wadia said. With the addition of two teams, 10 teams will compete for the title next season.

Wadia welcomed the arrival of new equipment. This will make the IPL more popular. There will also be a huge increase in the number of viewers. The IPL is currently the most popular cricket league in the world. With the arrival of two more teams, the strength of the IPL will increase. Wadia noted that many new players will also have the opportunity.

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As the number of teams increases, so does the franchise’s revenue. The mega auction will take place in December. No announcement has been made in this regard. Auction strategies will only be prepared when it is announced how many players can be retained. Young players who have excelled this season can win millions of rupees through mega auctions. The season finale takes place on October 15.

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