BCCI Invites Bid For IPL Title Sponsorship

Updated: 31 May 2017 16:48 IST

The BCCI has invited applications to tender process from parties to bid for the title sponsorship rights of its cash-cow, Indian Premier League.

BCCI Invites Bid For IPL Title Sponsorship
The BCCI has invited bid for IPL title sponsorship © Facebook

The Board of Control for Cricket in India has invited applications to tender process from parties to bid for the title sponsorship rights of its cash-cow, Indian Premier League, starting August 1 and ending on July 31, 2022. The ITT will be available at a cost of Rs. 3 lakh on non-refundable basis from June 1 to 21 at the BCCI headquarters here and the bids need to be submitted at 12 noon on June 27 at a place specified in the document or at any other place as decided and intimated by the Board.

As per the ITT, issued as a newspaper advertisement by BCCI, the Board reserves the right at its discretion to cancel or amend the entire bidding process at any stage.

Chinese mobile firm Vivo had bagged the title sponsorship right of the T20 League for a two-year period (2016 nd 2017), reportedly at a cost of Rs 100 crore per year, an upward rise of Rs 20 crore annually from what beverage giant Pepsi had paid through an earlier agreement beginning 2013.

The firm that wins the next bid will be the title sponsors of IPL for the next five seasons beginning 2018.

Comments
Topics : BCCI Cricket
Highlights
  • BCCI has invited applications to tender process
  • The ITT will be available at a cost of Rs 3 lakh
  • VIVO had bought the rights for Rs 100 crore per year
Related Articles
Make BCCI An Answerable Public Body, Bring It Under RTI: Law Commission Tells Government
Make BCCI An Answerable Public Body, Bring It Under RTI: Law Commission Tells Government
BCCI To Stick To SG Balls For Domestic Tourneys
BCCI To Stick To SG Balls For Domestic Tourneys
ICC Creates Panel To Address India-Pakistan Differences
ICC Creates Panel To Address India-Pakistan Differences
Asia Cup 2018 Cricket To Be Played In UAE In September
Asia Cup 2018 Cricket To Be Played In UAE In September
Cricket Set To Reappear In Commonwealth Games
Cricket Set To Reappear In Commonwealth Games
Advertisement