CHENNAI: The tender process to award title sponsorship for the IPL over the next five years will start on May 31.
This was decided in Hyderabad on Saturday after a meeting of the IPL governing council and members of the committee of administrators. The contract with current sponsors Vivo ends with this edition.
It was also decided that the tender process for media rights will start on July 17 and the same to award event services contracts will be floated on July 12. All contracts will be of five years. The media rights contract too expires with this edition of the event.
“I believe we will be able to get the best value and service for the world’s premier Twenty20 extravaganza,” said IPL chairman Rajeev Shukla in a statement.