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BCCI floats IPL rights tender; e-auction to take place in June

BCCI has announced the release of Invitation to Tender (ITT) for media rights to the Indian Premier League (IPL) seasons 2023-2027. The e-auction for the rights is scheduled to take place on 12th June.

BCCI Secretary Jay Shah said in a statement, “I’m pleased to announce that BCCI has issued the tender document for IPL media rights for seasons 2023-27. With 2 new teams, more matches, more engagement, more venues, we are looking to take Tata IPL to newer and greater heights. The Tender document is now available for purchase.”

“For the first time in IPL history, the media rights will be e-auctioned. The e-auction will commence on June 12th, 2022. I’ve no doubts that with this process there will not only be revenue maximisation but also value maximisation, which will benefit India Cricket immensely,” he added.

The rights are expected to be split into five packages – Package A. Global Rights Television, Package B. Global Digital Rights, Package C. Rest of World Rights (Broadcast / Digital both), Package D. Television Rights Sub-Continent, and Package E. Digital Rights Sub-Continent.