The Capitals posted their highest total in the tournament to set up a ten-run win over their gritty rivals
sports12 hours ago
The Board of Control for Cricket in India (BCCI) and Dream11 have finally agreed to a conclusion after a long meeting on Wednesday that the fantasy sports platform will be the title sponsor of IPL 'for this year only'.
According to sources, Dream11 wanted to have a three-year deal with IPL but the board was 'uninterested'.
"BCCI had said that this will be a one-year deal but Dream11 wanted to have it for three years. Dream11 has offered Rs 222 crore for this year, Rs 240 crore for the next year and Rs 240 crore for the third year," sources said.
"But the BCCI said that after the Covid-19 pandemic gets over, they are expected to get a good amount next year, so can't commit for the future. The board also said if Vivo backs out again, then Dream11 will be given the first preference.
"There was discussion going on and that's why the official announcement got delayed. But now everything is sorted out and they both have agreed to one year only. BCCI may soon issue the statement," the source added.
Dream11 emerged as the highest bidder for the Indian Premier League (IPL) 2020 title rights on Tuesday. Already a partner of the BCCI, Dream11 outbid education-technology platforms Byju's and Unacademy to win the race.
The IPL 2020 title sponsorship fell vacant after Vivo, which had signed a Rs 2,000 crore-plus five-year deal (2018-2022) with the BCCI, withdrew due to the Boycott China campaign which gathered steam in the wake of the India-China standoff in the Galwan Valley in eastern Ladakh in June.
The Capitals posted their highest total in the tournament to set up a ten-run win over their gritty rivals
sports12 hours ago
Shortly after receiving the call, the employee informed her superiors
asia13 hours ago
Cross-border shelling has killed at least 70 civilians, including children, rescue workers and journalists
world13 hours ago
The hosts dominate with a total of 194 medals including 65 golds with Saudi in second place and Kuwait in third
sports13 hours ago
Residents with any information have been urged to contact the concerned authority
emergencies13 hours ago
Northeastern University in Boston says the action was taken after some protesters resorted to virulent anti-Semitic slurs
world14 hours ago
The church has been built on 4.37 acres of land, and stands opposite the BAPS Hindu temple
uae14 hours ago
A detailed guide on where to apply, the steps involved, and criteria for eligibility
uae14 hours ago