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    BCCI invites bids to own IPL teams

    "Board of Control for Cricket in India (BCCI) announces release of Invitation to Tender for the right to own and operate a team in Women's Indian Premier League," the board said in a statement.

    Women's IPL: BCCI invites bids for media rights for five-year period

    The 'Invitation to Tender' (ITT) bid document costs Rs 5 lakh plus applicable tax. The procedure to procure the ITT documents is enlisted in Annexure A of the document. The ITT will be available for purchase till December 31, 2022. Any interested party wishing to submit a bid is required to purchase the ITT. However, only those satisfying the eligibility criteria set out in the ITT and subject to the other terms and conditions set out therein, shall be eligible to bid.

    ICC is set to release ITT media rights for Australia, US, West Indies, Canada

    After selling ITT media rights in India, ICC is now proceeding to the next phase of market sales for the US, Canada, and other countries.

    We have ensured that smaller players can also be part of IPL media rights bidding process: BCCI treasurer Arun Dhumal

    The BCCI has set a combined base price of approximately Rs 33,000 crore for the media rights for 2023-2027, the double of what Star India paid for the existing rights.

    BCCI invites tender for IPL media rights

    Announcing the release of the ITT, Jay Shah, secretary, BCCI, tweeted, "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 #TataIPL to newer and greater heights." He also wrote that the BCCI will be conducting an e-auction for the first time for the IPL media rights.

    Eyeing $6 billion windfall, BCCI floats IPL media rights tender

    The BCCI is expecting aggressive bidding for the digital space between the likes of Amazon Prime, Meta and YouTube. The detailed terms and conditions are mentioned in 'Invitation to Tender' (ITT) which will be made available on receipt of payment of non-refundable fee of Rs 25 lakh excluding GST, the BCCI said in a statement. The ITT will be available for purchase till May 10.

    The Economic Times
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