For cricket lovers, the 14th season of the IPL is scheduled to resume in the coming months. Last year, IPL fans had to wait a long time to start it due to Corona virus. But this time the Indian Premier League will start on its schedule. But in the meantime, Chinese mobile company VIVO has once again entered the IPL. This means that VIVO will again be the title sponsor of the IPL.
Explain that there is a continuous dispute over the border with China. Many are questioning the return of the company VIVO to Teva. But VIVO has been awarded the Titus sponsorship contract since 2018 but 20 Indian soldiers were killed in violent clashes between Chinese and Indian soldiers in the Galvan Valley with China last year, after which the country continued to oppose China and on BBC Pressurized. They did not want VIVO to be included in the IPL, which led to BCCI leaving VIVO by 2020.
When the company was demoted in 2020, it was clarified that it would be the title sponsor of the IPL for the next three years as the BCCI had already signed a contract with Vivo before the dispute began. BCCI has contracts with VIVO from 2018 to 2022 but after leaving it for a year, it will now be the title sponsor of each season of IPL till 2023.
Every year Rs 440 crore contract is signed with VIVO. But when the company was demoted last year, Dearm 11 bought the title sponsorship for 2020 for Rs 222 crore. The IPL players auction was held yesterday, with Chris Morris proving to be the most expensive player. The player has been bought by Rajasthan Royals for Rs 16.25 crore. While Sachin Tendulkar’s son Arjun Tendulkar was bought by Mumbai Indians for Rs 20 lakhs.