Dream11 Win the Title Sponsorship Race          

Dream11 Win the Title Sponsorship Race

Dream11 win the title sponsorship race. Dream11 bid Rs 222 crore for the sponsorship rights, IPL chairman Brijesh Patel said. Unacademy had bid Rs 210 crore, Tata Sons Rs 180 crore and Byju's had bid Rs 125 crore. "Fantasy sports platform Dream11 wins IPL title sponsorship rights with a bid of ₹222 crore," IPL Chairman Brijesh Patel told PTI. Multinational Group Tata Sons were considered the frontrunners while digital education technology platforms Byju's Dream 11, Yoga guru Baba Ramdev's Patanjali, Jio and Unacademy also in the race. “As a well-wisher of Indian sports, I wish and pray that IPL 13 is held successfully in the UAE," Verma told IANS. "However, with Dream11 becoming the title sponsor of IPL, Prime Minister Narendra Modi's dream of 'Atma Nirbhar Bharat' will be a bit shattered as Dream11 is a Chinese company. It has also come to fore that the company has a huge investment in one of the IPL franchises," he added. Vivo and BCCI take a break for one year partnership due to the prevailing India-China border stand-off. The deal with Vivo, BCCI were receiving Rs 440 crore per year.

BCCI president Sourav Ganguly had said after the suspension of sponsorship contract with Vivo, that it was not a financial crisis. "I wouldn't call it a financial crisis. It is just a little bit of a blip," Ganguly said. "BCCI, it's a very strong foundation - the game, the players, the administrators in the past have made this game so strong that BCCI is able to handle all these blips," he had said. "You keep your other options open. It is like Plan A and Plan B." IPL 2020 will be played from 19th September and the final will be played on 10th November 2020. The 53-day tournament will witness 10-afternoon matches starting at 15:30 IST while the evening matches will start at 19:30 IST.




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