{"id":19099,"date":"2022-01-11T15:08:42","date_gmt":"2022-01-11T09:38:42","guid":{"rendered":"https:\/\/www.businessupturn.com\/sports\/?p=179253"},"modified":"2022-01-11T15:29:12","modified_gmt":"2022-01-11T09:59:12","slug":"ipl-tata-group-gets-ipl-title-rights-vivo-pulls-out","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/sports\/cricket\/ipl\/ipl-tata-group-gets-ipl-title-rights-vivo-pulls-out\/","title":{"rendered":"IPL: Tata Group gets IPL title rights , VIVO pulls out"},"content":{"rendered":"<p>The Tata Group will fill in the place of Chinese Mobile Manufacturer Vivo as the title sponsor of the Indian Premier League from 2023, IPl chairman Brijesh Patel told news agency PTI.<br \/>\nThe league will be branded as \u2018Tata IPL\u2019 FROM 2023<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">TATA to replace VIVO as IPL title sponsor next year: IPL Chairman Brijesh Patel to ANI <a href=\"https:\/\/t.co\/n0NVLTqjjG\">pic.twitter.com\/n0NVLTqjjG<\/a><\/p>\n<p>\u2014 ANI (@ANI) <a href=\"https:\/\/twitter.com\/ANI\/status\/1480824656986734597?ref_src=twsrc%5Etfw\">January 11, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Earlier, amid the border tensions between China and India\u00a0and also the heating up of the anti-China sentiment, The BCCI and Chinese mobile manufacturing company Vivo had suspended their partnership for IPL2020.<\/p>\n<p>2 years are left in the title sponsorship deal between Vivo and IPL, and Tata is set to be the main sponsor during this duration.<br \/>\nThis decision was taken in the Governing Council meeting of the IPL on Tuesday (11 January)<\/p>\n<p>After the Governing Council meeting, Brijesh Patel chairman of the league confirmed about the Tata Group coming on board.<\/p>\n<section class=\"cb-nws-dtl-itms\">\n<p class=\"cb-nws-para\">Vivo had sealed the title Rights at\u00a0<span class=\"rcolor6\" data-name=\"a cost|a price|a value\">a price\u00a0<\/span>of INR 440 cr a year in 2018.<br \/>\nThe original 5-year deal was up to the 2020 season and\u00a0<span class=\"rcolor2\" data-name=\"it was|it had been|it absolutely was\">it had been\u00a0<\/span>extended till 2023\u00a0<span class=\"rcolor3\" data-name=\"because of|due to|owing to|as a result of|thanks to|attributable to\">due to\u00a0<\/span>the break of 1 year in between.<br \/>\nFollowing the Governing Council\u2019s decision, the Tata Group will step in and remain the title sponsor for the 2022 and 2023 seasons.<br \/>\nIncidentally, the Governing Council, primarily called\u00a0<span class=\"rcolor4\" data-name=\"to talk|to speak\">to speak\u00a0<\/span>over the LoI to the CVC Capital, has also discussed the dates of the mega auction,\u00a0<span class=\"rcolor5\" data-name=\"and therefore|and thus|and so\">and thus\u00a0<\/span>the IPL chairman confirmed that\u00a0<span class=\"rcolor6\" data-name=\"it will|it'll\">it\u2019ll be on 12 <\/span><span class=\"rcolor2\" data-name=\"february 12|Lincoln's Birthday|February 12|day\">\u00a0<\/span>and 13 of February.<\/p>\n<p class=\"cb-nws-para\">However, the BCCI has not\u00a0<span class=\"rcolor3\" data-name=\"decided on|selected\">selected\u00a0<\/span><span class=\"rcolor4\" data-name=\"how much|what proportion|what quantity\">what proportion\u00a0<\/span>time to\u00a0<span class=\"rcolor5\" data-name=\"be given|tend|lean|incline|run|be\">tend\u00a0<\/span>to\u00a0<span class=\"rcolor6\" data-name=\"the two|the 2\">the 2\u00a0<\/span>new teams for signing players.\u00a0<span class=\"rcolor1\" data-name=\"they are|they're\">they\u2019re\u00a0<\/span>expected to\u00a0<span class=\"rcolor2\" data-name=\"be given|tend|lean|incline|run|be\">tend\u00a0<\/span><span class=\"rcolor3\" data-name=\"at least|a minimum of\">a minimum of\u00a0<\/span><span class=\"rcolor4\" data-name=\"a couple|a few|one or two|a handful|some\">a few <\/span>weeks and formal letters are expected to be issued to the Lucknow and Ahmedabad franchises\u00a0<span class=\"rcolor5\" data-name=\"in a|during a|in an exceedingly|in a very\">during a\u00a0<\/span>day or two.<\/p>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>Vivo pulls out, hands IPL title rights to Tata. <\/p>\n","protected":false},"author":249,"featured_media":39792,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[38,361],"class_list":["post-19099","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipl","tag-tata-group","tag-vivo"],"reading_time":"2 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/sports\/wp-json\/wp\/v2\/posts\/19099","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.businessupturn.com\/sports\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.businessupturn.com\/sports\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/sports\/wp-json\/wp\/v2\/users\/249"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/sports\/wp-json\/wp\/v2\/comments?post=19099"}],"version-history":[{"count":0,"href":"https:\/\/www.businessupturn.com\/sports\/wp-json\/wp\/v2\/posts\/19099\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/sports\/wp-json\/wp\/v2\/media\/39792"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/sports\/wp-json\/wp\/v2\/media?parent=19099"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/sports\/wp-json\/wp\/v2\/categories?post=19099"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/sports\/wp-json\/wp\/v2\/tags?post=19099"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}