new Delhi. A big news related to the Indian Premier League has come out. Actually, BCCI has issued tender for IPL Media Rights 2023-27. BCCI Secretary Jay Shah gave this information through a tweet.
Shah tweeted, “I am happy to announce that BCCI has released the tender document for IPL media rights for the season 2023-27. With two new teams, more matches, more associations, more venues, we want to take Tata IPL to newer and bigger heights. He further wrote, “The documents are now available for purchase. For the first time in IPL history, media rights will be e-auctioned. There will be revenue maximization but also value maximization, which will greatly benefit Indian cricket.”
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Apart from this, BCCI has also issued a press release. It was informed in the press release that 10th May 2022 is the last date for application of tender. The detailed terms and conditions governing the tender process, procedure for submission of bids, proposed media rights package and obligations are set out in the Tender (ITT). The tender will be made available on a non-refundable fee of Rs.25 lakh (inclusive of GST). The procedure for obtaining ITT documents is listed in Annexure-A to this document. The liability tender will be available for purchase by 10th May 2022.
Story first published: Tuesday, March 29, 2022, 20:18 [IST]