The Board of Control for Cricket in India (BCCI) for the Indian Premier League(IPL) are planning to change their next media rights cycle from 10 years to five years. The new ‘Invitation To Tender (ITT)’, to be brought out immediately after the IPL 2017 final, will now be for a collective period of just five years for broadcast and digital both, the Times of India reported.
The new CEO of the BCCI has decided to start a new tender for the IPL rights at the end of this edition. The new agreement stated that the rights for both TV and digital will be for a 5 years’ duration.
The tender will not include abroad rights since it will be a separate category. The bid is divided in 5 territories since sub-Saharan market is now tagged as global rights. Deloitte will be responsible of the exercise while the legal part will be done by Amarchand Mangaldas.