Lalit Modi Predicts Billion-Dollar Valuations for Women's Cricket Franchises
Lalit Modi: Women's cricket franchises to hit billion-dollar value

Image: Asianet Newsable
Lalit Modi, former IPL Chairman, forecasts that women's cricket franchises will reach billion-dollar valuations within 15 years, driven by the Women's Premier League (WPL). He emphasizes the rapid growth of women's cricket, likening its current status to that of the men's IPL two decades ago, and warns about the future of international cricket's financial stability.
- 01Lalit Modi predicts women's cricket franchises will achieve billion-dollar valuations in 15 years.
- 02The Gujarat Giants women's team was sold for ₹1,600 crore (approximately $192 million USD), surpassing initial men's IPL valuations.
- 03Modi believes women's cricket will become the second most valuable sporting property globally, just behind the men's IPL.
- 04He played a pivotal role in integrating women's cricket into the BCCI framework in 2006.
- 05Modi warns that international cricket's financial reliance on India could jeopardize the future of the sport.
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Lalit Modi, the former Chairman of the Indian Premier League (IPL), has made an ambitious prediction that women's cricket franchises will reach billion-dollar valuations within the next 15 years, largely due to the success of the Women's Premier League (WPL). He stated that the current status of women's cricket mirrors the men's IPL two decades ago, highlighting that the Gujarat Giants women's team was sold for ₹1,600 crore (approximately $192 million USD), a figure that exceeds initial valuations of men's IPL teams. Modi is optimistic about women's cricket's growth trajectory, suggesting it could become the second most valuable sporting property globally, trailing only behind the men's IPL. He also reflected on his contributions to women's cricket during his tenure at the Board of Control for Cricket in India (BCCI), where he facilitated the merger of the Women's Cricket Association of India into the BCCI. However, he cautioned about the financial sustainability of international cricket, advocating for a shift from bilateral One-Day Internationals (ODIs) to franchise-based Test matches to support struggling cricket boards worldwide.
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The rise of women's cricket and its financial success could lead to increased investment in women's sports and greater visibility for female athletes.
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