The new IPL title sponsor to replace Chinese mobile phone company Vivo will hold the rights for only a four-and-a-half-month period and the highest bid may not necessarily end up being the winning one, the BCCI stated on Monday.
IPL 2020: BCCI receive central government's formal approval; likely to announce new title sponsors by 18 August
The IPL boss also said that BCCI, in all likelihood, will announce the tournament's new title sponsors by 18 August. There will be a seven-day window for interested companies to submit the bid.
The slot of the title sponsorship of IPL was vacated after the Chinese handset maker Vivo decided to exit from it.
BCCI eyes 19 November as tentative date to begin domestic season; IPL players could miss initial rounds
The BCCI is mulling 19 November as tentative date for start of domestic season with Syed Mushtaq Ali T20 tournament but Indian players in various IPL teams won't be able to play first few rounds due to quarantine protocols in place.
Usually in ICC, a two-third majority is required but there could be a few board members who would want it to be a case of simple majority among 17 members.
BCCI boss Sourav Ganguly says Vivo's suspension as IPL title sponsor isn't a financial crisis for board, 'just a blip'
Vivo won the IPL title sponsorship rights for five years from 2018 to 2022 for a reported sum of Rs 2190 crore, approximately Rs 440 crore per annum.
The 2021 ODI World Cup in New Zealand in February-March was expected to be the last one for greats like Jhulan and India captain Mithali Raj.
It is learnt that Adidas too has shown interest but whether it will be bidding for the sponsorship rights is still not known.
India were retained as hosts for the ICC T20 World Cup 2021, while Australia will host the 2022 edition of the same event.
IPL 2020: BCCI gets 'in principle' government approval for league in UAE, teams begin quarantining players, says report
Most of the IPL franchises will be leaving Indian base after 20 August as mandated by the BCCI. The Chennai Super Kings are set to leave on 22 August.
Bihar cricket secretary Aditya Verma writes to Jay Shah as state's players seek pay for previous season
Aditya Verma has written a letter to BCCI secretary Jay Shah alleging financial bungling of the Indian cricket board's funds to the tune of Rs 11 crore. The state association's general secretary, Sanjay Kumar, said that Verma's allegations are true.
Mithali Raj says foreign players misjudged situation on clashing of Women's T20 Challenge and WBBL, insists BCCI 'did it's best'
On comments of top internationals like Healy, Suzie Bates, Rachel Haynes expressing their displeasure, Mithali RaJ tried putting things into perspective.
Chinese mobile company Vivo pays Rs 440 crore per season to BCCI for being the title sponsor of IPL.
Raina further said that Dhoni has been a great brand ambassador for IPL and fans will see him in his best fighting spirit.
IPL 2020: One positive case and league could be doomed, says Ness Wadia calling for strict compliance with BCCI SOP
Ness Wadia himself has not decided on travelling to the UAE for the IPL but said safety can't be compromised.
IPL 2020: Chennai Super Kings' Suresh Raina believes COVID-19 protocol will pose new challenges for players
Insisting that fitness would be key to success after being struck at home since March due to the pandemic, Raina said he was eagerly waiting for the tournament to begin.
Harmanpreet Kaur is excited about playing in the UAE for the first time and is looking forward to come out of the long break and headline the Women's T20 Challenge, to be held during the IPL in November.
IPL 2020: Teams want 3-day quarantine in UAE instead of six, request contactless food delivery to hotel
IPL teams want a three-day quarantine for their players arriving in the UAE instead of the six days mentioned in the BCCI draft SOP and have also sought the board's permission to organise team and family dinners with adequate advanced notice.
IPL 2020: Players, support staff required to return five negative tests before starting training in UAE
Players and support staff will have to return two negative tests before flying to the UAE for IPL 2020, and three more before they can begin training inside the bio-secure bubble.
The calls for BCCI to boycott Chinese sponsors, including Vivo, can be described as a knee-jerk reaction that rather than helping the cause would only end up in shooting Indian sport in the foot.