Dream11 will be the official sponsor for the upcoming season of the Indian Premier League (IPL) in the UAE. (File Pic)Dream11 becomes IPL 2020 title sponsor: The Board of Control for Cricket in India (BCCI) announced on Tuesday that Dream11 will be the official sponsor for the upcoming season of the Indian Premier League (IPL) in the UAE. Chinese mobile brand Vivo was the previous sponsor of the IPL. But in view of the increasing tension between India and China, the Indian Cricket Board suspended the deal. According to reports, BCCI got Rs 440 crore from Vivo, while Dream11 will pay 222 crores to the board.
Tata Group, BYJUs, Unacademy were also in the running
This deal is for four and a half months. Dream11 has been one of the sponsors of IPL for the last few years. Tata Group was also named in the process which did not make the final bid, while two education technology companies BYJUs (Rs 201 crore) and Unacademy (Rs 170 crore) came second and third.
According to some reports, Baba Ramdev’s Patanjali and Jio Communications were also involved in this race. However, no confirmation was made from the BCCI regarding these two names. The board had made it clear that the highest bidder will not get title sponsorship unless she is satisfied with its plan.
13 points were announced for submission of bids for IPL sponsorship. The last date for submission of bids is August 14. The board had said in a release that the sponsorship rights are available for the period from 18 August 2020 to 31 December 2020. Detail information regarding this will be given to those parties who will submit EOI (Express of Interest) and are found eligible.
It was further said that it is clarified that the BCCI will not be bound to give the rights to the highest bidder third party. The BCCI’s decision will depend on many other things as well.
Former Indian cricketer and minister in UP government Chetan Chauhan died, was infected with Corona
The new season of IPL will start from September 19
Let us tell you that the Indian Premier League (IPL) 2020 will be played in the United Arab Emirates (UAE) from 19 September to 8 November. This will be a full flanged tournament. IPL will last for a full 51 days. The IPL has become possible after the decision of the ICC to postpone the T20 World Cup to be held in Australia in October-November 2020. The host country had expressed its inability to organize the IPL due to the corona virus epidemic.