Reports: IPL media rights tender likely to be delayed further

Three attainable causes are reported behind the delay.

Dawid Malan. (Photo Source: IPL/BCCI)

With the 2022 version of the Indian Premier League (IPL) being only a few months, the Board of Control for Cricket in India (BCCI) is busy planning and plotting. Notably, the upcoming season holds nice significance as it might see the event going underneath a number of modifications. While two groups are coming into the image, the mega public sale would see many sides going underneath revamps.

Meanwhile, it has been reported that the media rights tender of IPL, which is already delayed, is ready to take extra time. The Indian cricket board had introduced that it might be finished instantly after the appointment of the 2 new IPL groups in late October. However, as per the newest developments, it might now come solely subsequent month.

Uncertainty over the Ahmedabad franchise could be a motive for delay

“The IPL Media Rights tender for the cycle 2023-2027 will be released immediately after the appointment of two new IPL teams which is scheduled to be announced on 25th October 2021,” the BCCI had mentioned in a media launch following a governing council assembly of the IPL on September 28.

For the unversed, it has been practically a month because the two new groups – primarily based in Ahmedabad and Lucknow respectively – have been introduced. However, there hasn’t been any vital replace relating to the media rights tender.

According to a report in Cricbuzz, there might be three attainable causes as a result of which the releasing of the tender, which is anticipated to fetch over Rs 30,000 crore, has been repeatedly delayed.

It is learnt that BCCI’s indecisiveness over the public sale is one more reason why the tender is delayed. Apparently, BCCI hasn’t determined whether or not to go for an e-auction or go for closed bidding. Several members within the board have argued {that a} shut bidding can fetch a really excessive quantity from a celebration that’s raring to purchase the property.

However, this benefit gained’t be there in case of an e-auction. BCCI’s upcoming Annual General Meeting (AGM) is believed to be one more reason behind the delay of the tender. A brand new Governing Council of the IPL shall be shaped with the inclusion of three new members. Hence, BCCI reportedly desires to attend for the assembly to unfold.

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