The new title sponsor of the Indian Premier League (IPL) will be announced today. The contract with the new company will only last from August 18 to December 31, 2020. The Tata Sons company is considered to be in the forefront of the competition, while Patanjali has been eliminated from the Ayurveda race. However, he was also considered a strong contender.
Apart from these, companies like Reliance Jio, Byju, Un-Academy, and Dream XI are also in the race. This time due to Corona, the IPL will be in the UAE from 19 September to 10 November. The tournament will take place in a completely bio-secure environment.
Baba Ramdev denied Patanjali’s claim
Baba Ramdev says that Patanjali company will come forward for sponsorship only when no other Indian company comes forward. He denied the claim that Patanjali had bid for the sponsorship.
Breaks agreement with Chinese company Vivo for Rs 440 crore annually
Due to tension with China, Chinese companies are being boycotted across the country. Due to this, the Board of Control for Cricket in India (BCCI) recently removed Chinese mobile company Vivo from the title sponsor of IPL. Vivo’s contract for IPL title sponsorship was for 5 years with Rs 2190 crore. The company used to give Rs 440 crore annually.
The contract was from 2018 to 2022. According to BCCI sources, they have concluded the contract for a year with Vivo. This can be extended from 2021 to 2023.
Board reduced title sponsorship amount by Rs 100 crore
The BCCI has reduced the amount of sponsorship to the
companies of Indian origin. Earlier this amount was Rs 440 crore annually, but now the board has increased it to Rs 300 to 350 crore annually.
In the absence of Smith, Unadkat will captain
Jaydev Unadkat will captain the Rajasthan Royals in the absence of regular captain Steve Smith. Smith will not play in the opening week of the IPL, as he will be in isolation at that time. At the same time, Shapeja Cricket League in Afghanistan will be from 6 to 18 September. Therefore Afghan players can also stay out of the opening matches of the IPL.
KKR’s base in Abu Dhabi, not Dubai
The KKR team will leave for UAE on 20 or 21 August. Its base will be The Ritz-Carlton Hotel in Abu Dhabi. The hotel is owned by Shah Rukh Khan, owner of KKR. Players will live in a bio-secure bubble.