Tata Group to replace Vivo as IPL title sponsor
The New Indian Express Chennai|January 12, 2022
FOR a third successive season the Indian Premier League (IPL) will have a new title sponsor after Vivo decided to part ways with the tournament, bringing on board Tata Group as its replacement.
Venkata Krishna B

The decision was formally announced by the IPL Governing Council on Wednesday, which will see the board earn ₹1124 crore for the next two seasons via title rights. Interestingly, even though Vivo has decided to break away, they will still pay the BCCI ₹454 crore as they had committed to a five-year deal in 2018 which would have seen them pay ₹484 crore and ₹512 crore in 2022 and 2023. The Tata group will pay only ₹335 crore per season, but will take over the title sponsorship.

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