Home » Cricket Home » News » Team India Has a New Apparel Sponsor After Nike - Mobile Premier League
1-MIN READ

Team India Has a New Apparel Sponsor After Nike - Mobile Premier League

AFP

AFP

Fantasy gaming platform Mobile Premier League (MPL) has been picked as the apparel sponsor of the Indian cricket team for a period of three years.

Fantasy gaming platform Mobile Premier League (MPL) has been picked as the apparel sponsor of the Indian cricket team for a period of three years.

IPL 2020 FULL COVERAGEIPL 2020 SCHEDULE  | IPL 2020 POINTS TABLE

A member of the Apex Council confirmed the development on Monday that BCCI has inked the apparel and merchandise deal with MPL, replacing Nike.

“Yes, Apex Council has passed the sponsorship deal for apparel of Indian team (men, women, A and U19).

RELATED NEWS

IPL 2020 ORANGE CAP  |  IPL 2020 PURPLE CAP

“However the rate per match will be ₹65 lakh per game instead of ₹88 lakh that Nike was giving,” the senior official told PTI on conditions of anonymity.

While Puma and Adidas had earlier picked up the bid papers for apparel sponsorship, they didn’t fill the bid as they felt that the deal needed to be reduced to one third from the original bid.

India vs Australia 2020: Rohit Sharma in Danger of Reinjuring Himself, Advise Him Not to Rush Comeback - Ravi Shastri

Nike had a five year deal during which they paid ₹370 crore from 2016 to 2020 with a ₹30 crore royalty.

“No sporting apparel major was ready to pay that kind of money that Nike paid in current economic climate (due to COVID-19).

“One of the major reasons being merchandise items being very costly for common public,” the source said.

Get all the IPL news and Cricket Score here

first published:November 02, 2020, 13:00 IST