The BCCI has declared that teams can announce a maximum of 5 foreign players in their playing 11s in the Women’s Indian Premier League or WIPL 2023. This is a slight deviation from the men’s IPL rule that allows every team to announce a maximum of 4 overseas players in their playing 11s. The BCCI has also made it mandatory for the franchises to pick at least one player from Associate nations in the teams they would field. WIPL 2023 is expected to be played in March 2023 and the inaugural edition will witness the participation of 5 franchise teams. 

The “5 Overseas Players” rule for Women’s IPL 2023 is not mandatory but optional. If a team decides to field 4 overseas players then it is not mandatory to include a player from an Associate nation. However, if the need arises to include 5 international players, then one of them should be from an associate country. 

The BCCI has also finalized the salary cap for the first edition of the WIPL to INR 12 crores. In the subsequent years, the player purse or salary cap will see an annual increment of INR 1.5 crores. By this logic, the player purse at the end of the 2023-27 cycle would be INR 18 crores. 

The inaugural edition of WIPL will have only five teams but 1 more team will be added in the 4th edition of the tournament. By the end of the 2023-27 WIPL cycle, the competition will be a 6-team event. 

The winners of WIPL 2023 will receive a cash prize of INR 6 crores while the runners-up and 3rd-placed teams will receive INR 3 crores and INR 1 crore respectively. As per the BCCI guidelines, the prize money will be distributed equally amongst the players.