IPL 2022: BCCI Expects to Collect a Record 800 Crore from IPL Sponsors
IPL 2022: The Indian Premier League (IPL 2022) central sponsorships will bring the BCCI over 800 crores this year. This will be BCCI’s highest sponsorship revenue in all the 15 seasons of the IPL. This year, the BCCI has added TATA as their new title sponsor, as well as two new associate sponsors. If you’re looking fo more IPL cricket betting sites for the 2022 Season, read more here on our site.
The IPL GC has announced new central sponsorship partnerships with Instamart, RuPay, and Swiggy. For IPL, the board now has 9 big sponsors.
“This clearly shows the value IPL as a brand has. We are absolutely happy with these new sponsorships in place. I don’t want to comment on the absolute number.But this year we will clock the highest ever sponsorship revenues for IPL 2022”.Confirmed BCCI Secretary Jay Shah
BCCI is seeing significant growth from two sources. To begin with, the number of sponsors has risen this year. The BCCI’s second profit comes from the title sponsorship deal.
Despite the fact that Tata Group is paying less than 335 crores, BCCI will profit more from the new partnership. According to insiders, the transaction has been shifted in such a way that VIVO will be responsible for all deficits. According to sources, BCCI will get not just the agreed amounts from Vivo but also Pro-rata payments for the increased number of matches in IPL 2022 and IPL 2023.
Due to an increase in the number of matches during the two upcoming seasons, Vivo agreed to pay 484 crores for IPL 2022 and 512 crores for IPL 2023. VIVO was supposed to pay the BCCI 996 crore over the next two seasons. The deficit would now be paid by Vivo, with Tata Group pledging only 670 crores for the same period.
Not only that, but VIVO will also pay a ‘Transfer Fee’ to the BCCI. This was the case when Oppo’s rights were transferred to Byjus, as per the contractual agreement.
IPL 2022: BCCI to Contact Graeme Smith for Availiability of Players
The Board of Control for Cricket in India (BCCI) is likely to rely on the director of Cricket South Africa (CSA) to arbitrate a solution for elite South African players’ availability in the forthcoming Indian Premier League (IPL 2022). Smith’s term as CSA director will come to an end on March 31. Some of South Africa’s best cricketers may miss three weeks of the IPL owing to a home series against Bangladesh. The series begins March 18 and ends April 12 and includes three ODIs and two Tests.
Dean Elgar, the Test captain, has stated that he will try to persuade Proteas players to choose national duty over the IPL. Quinton de Kock, who withdrew from Test cricket earlier this year, is the only player who is free of this issue. However, the availability of players like Kagiso Rabada (Punjab Kings), Nortje (DC), Marco Jansen (Sunrisers Hyderabad), and Lungi Ngidi (DC) is still in doubt. Read more 1xbet IPL app reviews here and learn how betting works online.