Advertisement
Tuesday, Jan 11, 2022
Outlook.com

Indian Premier League Title Rights: Tata Group, Not Dream11, To Replace Vivo From IPL 2022

The Tata Group already have a diverse interests in Indian sports, including the promotion of Olympic sports. Vivo had a deal of Rs 2200 crore with BCCI for IPL title sponsorship from 2018-2022.

Indian Premier League Title Rights: Tata Group, Not Dream11, To Replace Vivo From IPL 2022
Vivo had a deal of Rs 2200 crore for title sponsorship rights from 2018-2022. | File Photo
Indian Premier League Title Rights: Tata Group, Not Dream11, To Replace Vivo From IPL 2022
outlookindia.com
2022-01-11T16:42:23+05:30

The Tata Group, one of India's largest business conglomerates, finally jumped the Indian Premier League (IPL) bandwagon. Starting season 2022, the Tata Group will be the title sponsor of the world's most popular and cashable T20 cricket league, the IPL. (More Cricket News)

Tata Group will replace Chinese mobile brand Vivo as the IPL's title sponsor from this year. But the money associated with the deal is yet to be known.

It is learnt that Dream11, the fantasy cricket platform that became title sponsors in 2020, were also interested to replace Vivo but the BCCI bosses were not very keen. 

"Yes, Tata Group is coming in as IPL title sponsor," IPL chairman Brijesh Patel has been quoted as saying. Tatas are already associated with IPL as an associate sponsor.

Vivo had a deal of Rs 2200 crore for title sponsorship rights from 2018-2022 but after the 2020 Galwan Valley military face-off between the Indian and Chinese Army soldiers, the brand took a break for a year with Dream11 replacing it.

However, Vivo were back as IPL title sponsor in 2021 even as speculation raged that they were looking to transfer the rights to a suitable bidder and the BCCI approved the move.

Interestingly, the Tata Group had stayed away from the IPL title sponsorship race in 2020. Sources had said that the Tatas apparently wanted some "barter deal" in return for the IPL 2020 rights fee. If the Tata Group had bagged the IPL title rights, it would have been a first for them in cricket.

The Tata Group already have diverse interests in Indian sports, including the promotion of Olympic sports. Vivo currently sponsors the Premier Kabaddi League.

Advertisement

Outlook Newsletters

Advertisement
Advertisement
Advertisement

Read More from Outlook

Politics Of Vendetta? Questions Raised Over Withdrawal Of Special Security Cover To Ex-CMs

Politics Of Vendetta? Questions Raised Over Withdrawal Of Special Security Cover To Ex-CMs

Serious questions have sprung up over the withdrawal of Special Security cover of several former non-BJP Chief Ministers, post-2014. Is this vendetta politics?

How Crypto Fear and Greed Index Reflects The Market Sentiment: All You Need to Know

How Crypto Fear and Greed Index Reflects The Market Sentiment: All You Need to Know

Crypto Fear and Greed Index measure the sentiment of the cryptocurrency market. While it is an indicator of the overall market sentiment, an investing decision has to be based on several other inputs.

Decoding The Politics Behind Novak Djokovic’s Visa Battle With Australian Government

Decoding The Politics Behind Novak Djokovic’s Visa Battle With Australian Government

Current Australian Prime Minister Scott Morrison seems to be gaining political mileage by denying the world's No.1 tennis player Novak Djokovic entry in the first Grand Slam of the year.

Covid-19 Spike In Delhi But Demand For Oxygen Support Low: Top Covid Hospitals

Covid-19 Spike In Delhi But Demand For Oxygen Support Low: Top Covid Hospitals

Lok Nayak Jai Prakash (LNJP) Hospital in Delhi, which is one of India’s biggest hospitals for dedicated facilities for Covid-19 patients, hasn’t received a single Omicron-confirmed patient to date which required oxygen support.

Advertisement