The Board of Control for Cricket in India (BCCI) has reportedly set base prices for six associate and three special partner slots for the next five seasons of the Indian premier League.
The cumulative base price for all the slots mentioned has been set at Rs 2,700 crore ($325.16 million), Economic Times reports.
ET, which accessed BCCI’s request for quotation (RFQ) document, reports that the base price for the six associate partners is Rs 65 crore a year for 74 matches, totalling up to Rs 325 crore for five years. Extrapolated, the cumulative base price amounts to Rs 1,950 cr for five years.
Per the business daily, the annual base prices for the orange and purple caps, umpire, and strategic timeout partnerships are Rs 60 crore, Rs 50 crore, and Rs 40 crore, respectively, for 74 matches. The cumulative base price for these three partnership slots amounts to Rs 750 crore over five years.
The last date for the RFQ purchase is February 19 and the bids are to be submitted on February 21.
($1 = Rs 83.04 at 9 Feb 2024 exchange rate)