With days to go for the mini-auction, it seems the Board of Control of Cricket in India could find themselves in a spot of bother again with sponsorship. Reports suggest that Chinese mobile phone makers Vivo are likely to withdraw as title sponsors of the IPL. The report further suggests that Vivo wants to ‘assign’ the sponsorship to any company willing to buy off the remainder of the deal with BCCI.Also Read - IPL 2022 Auction: Deepak Chahar, Devdutt Padikkal to Ishan Kishan, Shardul Thakur; Stars Rohit Sharma's Mumbai Indians (MI) Could Target
With BCCI looking to make more profits than last season – it would be interesting to see who does Vivo assign the deal to. Vivo has to assign it to another company at the same or more value. The five-year deal between BCCI and Vivo that starting in 2018 was INR 2199 crores. It was scheduled to end in 2022. Also Read - IND vs SA Dream11 Team Prediction, Fantasy Cricket Hints India vs South Africa 3rd ODI: Captain, Vice-Captain, Playing 11s For Today's India vs South Africa ODI, Injury And Team News of Match at Newlands, Cape Town at 2.00 PM IST January 23 Sunday
In 2018, Vivo paid Rs 363 cr, while in the following year – they increased the sum to Rs 400 cr. Last year, the mobile giants pulled out as the title sponsors at the last minute after they faced heavy backlash on social space. This happened after 20 Indian soldiers were martyred at the Galwan Vallery by their Chinese counterparts. Also Read - WOG vs INM Dream11 Team Prediction Legends Cricket T20: Captain, Vice-Captain, Playing XIs Match Between World Giants vs India Maharajas at Al Amerat Cricket Ground at 8:00 PM IST January 22
After Vivo backed out as title sponsors, BCCI rolled out a fresh tender. Sports Fantasy platform Dream11 came to the rescue. They paid INR 222 crore, which was half the amount VIVO had agreed upon. Reports also suggest that BCCI had given Dream11 to bid again for a higher price, but they opted out as they did not want to go beyond the amount they paid last season.
Meanwhile, the BCCI has said that they are open to Vivo coming back as title sponsors.
The auctions are scheduled to take place in Chennai on February 18. It would be for the first time ever that an IPL auction could be held without a sponsor.