Dream11 wins IPL title rights at 50 percent discount - News Summed Up

Dream11 wins IPL title rights at 50 percent discount


cricketUpdated: Aug 18, 2020 15:31 ISTDream11, market leaders in fantasy gaming space will be the title sponsors of the Indian Premier League (IPL) when it is staged in UAE this year. Dream11 were awarded the rights for Rs 222 crore - a heavy discount of nearly 50 percent of what Vivo were paying for the same rights (Rs 440 crore). Follow | IPL 2020 Full Coverage“In the given circumstances, we are happy with the deal. These rights are only for four months and only for this edition of the IPL,” IPL Chairman Brijesh Patel said. Earlier, Chinese smartphone makers Vivo, who had agreed to pick the IPL title rights for a whopping Rs 2199 crore for five years, 2018 onwards, decided to suspend their partnership with the BCCI mutually.


Source: Hindustan Times August 18, 2020 09:17 UTC



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