IPL 2022: TATA GROUP to replace VIVO as IPL title sponsor
Tata Group will take over as title sponsor from Chinese cellphone maker Vivo next year. Indian Premier League (IPL) chairman Brijesh Patel told news agencies.
Vivo’s sponsorship with the league has two years left on it. Therefore Tata will continue to be the primary sponsor during that time.
After a meeting of the Indian Premier League (IPL) Governing Council on Tuesday, the formal approval was issued. And both Ahmedabad and Lucknow were given a deadline for player signings before the big auction.
IPL will now be known as Tata IPL. Tata have replaced Vivo as the title sponsor. (Reported by Cricbuzz).
— Mufaddal Vohra (@mufaddal_vohra) January 11, 2022
Vivo had an agreement for title sponsorship rights worth Rs 2200 crore from 2018 to 2022. However after the 2020 Galwan Valley military clash between Indian and Chinese Army forces, the company took a year off, with Dream11 taking its place.
The Board of Control for Cricket in India gave formal approval to the Indian Premier League’s (IPL) two new clubs. Sanjiv Goenka’s RPSG Group for the Lucknow franchise and CVC Capital’s Ahmedabad team, on Tuesday (BCCI).
The mega auction for 2022 will take place in Bengaluru in the second week of February, news agency ANI reported earlier.
Some of the big names that the existing franchises have agreed to keep for IPL 2022. It includes MS Dhoni, Virat Kohli, Rohit Sharma, Jasprit Bumrah, Sunil Narine, Andre Russell, and Glenn Maxwell.
The two new IPL franchises, Lucknow and Ahmedabad, each have a budget of Rs 33 crore. They can choose three players who will be re-added to the pool before the major auction.