Vivo to pull out as IPL title sponsor, to transfer the rights to Tata Group: reports

Updated : Jan 11, 2022 14:57
|
ANI

After returning as IPL's title sponsor in the last edition, Vivo is set to transfer the rights of the cash-rich league to Tata Group.

According to a report in Cricbuzz, the decision was taken at the Governing Council meeting of the IPL on Tuesday. The Chinese smartphone giants have a couple of years left in their sponsorship deal with the league and during this period, Tata Group will remain the main sponsor. The league will now be called Tata IPL. The BCCI will continue to earn the same fee for the title rights, an official who attended the meeting told Cricbuzz. 

Vivo had bagged the title rights at a cost of ₹440 crore a year in 2018. However, after backlash due to political tensions with China, Vivo had paused the deal for a year in 2020 and the rights were transferred to Dream 11.

Also read: South African all-rounder Chris Morris announces retirement from all forms of cricket

IPL AuctionIPLVivoTata

Recommended For You

editorji | Sports

Ravichandran Ashwin's fun time with support staff reminisced by BCCI | Watch

editorji | Sports

\'Mereko marwaoge\': Rohit Sharma's hilarious response to Pujara, Rahane 'retirement mistake' goes viral

editorji | Sports

Ravichandran Ashwin retires: Cricket world pays tribute to all-time great

editorji | Sports

India vs Australia: Travis Head confident he'll be 'fine' for Boxing Day Test

editorji | Sports

Ravichandran Ashwin retires: Leaves legacy as 7th highest Test wicket-taker