IPL media rights set for high bids; Schedule tweak catches teams by surprise

IPL media rights set for high bids: The press release of the Board of Control of Cricket in India (BCCI). In which it was announced that the last two league matches of the IPL 2021 will be played simultaneously. On Tuesday night (September 28) surprised most of those affected. Not all franchises were amused that the final league games between Sunrisers Hyderabad, and Mumbai Indians and Royal Challengers Bangalore and Delhi Capitals were played simultaneously on October 8.

The immediate reaction among teams was skeptical as to whether a potential favor would be awarded to a particular team. However, the parties later realized that the concurrent concept is not that bad.

“Excellent idea, we are so happy about this. It would deny any possible advantage to the team playing second,” said Parth Jindal. Incidentally, the owner of Delhi Capitals, a team, would have had the advantage, if anything, as they would play last. Simultaneous games deny late-playing teams knowledge of the closest rival’s NRR. Which would otherwise give them an alternate goal when a win is impossible or on the verge of winning in terms of runs, overs, or wickets.

It has been speculated that the IPL Governing Council’s move was at the request of broadcaster Star. But an official told Cricbuzz that the idea of ​​testing previously unknown waters is an experiment for future seasons. When the league becomes more. large and that Window would be smaller. The same explanation was also given to the franchises.

BIG IPL DEAL COMING

The other big point in Tuesday night’s release was media rights to the IPL. The other big point in Tuesday night’s release was on the media rights for the IPL. “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 said

At first glance, the move appears to be aimed at baffling the International Cricket Council (ICC), which apparently plans to invite bids for the 2024-31 cycle in November / December. The BCCI wants all channels to come to the bidding table with their pockets full. Following the ICC process would mean that a broadcaster would have already spent a fortune.

On the other hand, the new IPL issuers will be busy from May 2022, approximately six months from the date of the tender, which is expected to be completed in November.

But the biggest question of all is how much the IPL rights would be worth. From $ 1.6 billion in the first 10 years (with Sony), the cost increased to $ 2.5 billion (over Rs 16.5 billion) over the next five years. Experts estimate that the new agreement could exceed 3 billion, or about 25 to 30 billion rupees.

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