Highlights

BCCI increases sponsorship fees.
Dream11 exits due to gaming law.
Bidding for new sponsors ongoing.

Latest news

Realme 16 5G Review: Endurance Meets Everyday Use

Realme 16 5G Review: Endurance Meets Everyday Use

Vivo V70 FE Review: Style Meets Serious Battery Power

Vivo V70 FE Review: Style Meets Serious Battery Power

Galgotias University Hosts 10th Convocation Ceremony; Leaders Highlight Resilience, Discipline, and Lifelong Learning

Galgotias University Hosts 10th Convocation Ceremony; Leaders Highlight Resilience, Discipline, and Lifelong Learning

Lupin Completes Acquisition of VISUfarma

Lupin Completes Acquisition of VISUfarma

Microsoft Establishes 'Skill Center' at Chandigarh University

Microsoft Establishes 'Skill Center' at Chandigarh University

Amid West Asia crisis, Union Minister Nadda assures states on fertiliser supply

Amid West Asia crisis, Union Minister Nadda assures states on fertiliser supply

'Aakhri Sawaal': Sanjay Dutt teaser offers glimpse into intense Guru-Shishya face-off

'Aakhri Sawaal': Sanjay Dutt teaser offers glimpse into intense Guru-Shishya face-off

OnePlus Nord 6 First Look: Specifications, Features, and What to Expect

OnePlus Nord 6 First Look: Specifications, Features, and What to Expect

BCCI Increases Indian Cricket Team Sponsorship Rates

BCCI raised sponsorship fees for bilateral and multilateral cricket matches following Dream11's exit as sponsor due to the Online Gaming Act 2025. The new rates come into effect post-Asia Cup, potentially earning over Rs 400 crore from new sponsors, excluding gaming and crypto firms.

BCCI Increases Indian Cricket Team Sponsorship Rates

New Delhi, Sep 5 (PTI): Sponsoring the Indian cricket team is about to become more expensive, with the BCCI raising sponsorship fees to Rs 3.5 crore per match for bilateral series games, and Rs 1.5 crore for each game in multilateral events.

As reported by Cricbuzz, these new figures will apply to competitions sanctioned and organized by the ICC and the Asian Cricket Council (ACC).

Industry sources have indicated that these revised fees are slightly higher than the current rates, which stand at Rs 3.17 crore for bilateral matches and Rs 1.12 crore for multilateral fixtures.

This change follows the exit of Dream11 as the jersey sponsor for the Indian team, a move prompted by the enactment of the government's Online Gaming Act, 2025.

Due to the recently introduced Promotion and Regulation of Online Gaming Act, 2025, the BCCI swiftly terminated Dream11's contract as the main sponsor for the team.

With the revised sponsorship rates coming into effect after the conclusion of the upcoming Asia Cup, the BCCI potentially stands to earn over Rs 400 crore. However, the final earnings will depend on the outcome of the bidding process.

The BCCI, on Tuesday, called for bids for the Indian team’s title sponsorship rights after Dream11's withdrawal. They also excluded companies involved in real money gaming and cryptocurrency from the bidding process due to a government ban on such entities.

Consequently, the Indian team will compete in the Asia Cup, starting September 9 in the UAE, without a title sponsor, since the Board has set September 16 as the deadline for bid submissions.

Dream11 recently ceased its real money gaming operations, adhering to the Promotion and Regulation of Online Gaming Act 2025. The Act stipulates that "no person shall offer any, aid, abet, induce, indulge, engage in offering online money gaming services nor shall involve in any advertisement which directly or indirectly promotes any person to play any online money game".

(Only the headline of this report may have been reworked by Editorji; the rest of the content is auto-generated from a syndicated feed.)

ADVERTISEMENT

Up Next

BCCI Increases Indian Cricket Team Sponsorship Rates

BCCI Increases Indian Cricket Team Sponsorship Rates

Iran 'negotiating' with FIFA over moving World Cup games to Mexico: embassy

Iran 'negotiating' with FIFA over moving World Cup games to Mexico: embassy

IPL first phase schedule announced amid travel concerns caused by war in West Asia

IPL first phase schedule announced amid travel concerns caused by war in West Asia

Rinku Singh’s father Khanchand Singh passes away after battling stage 4 liver cancer

Rinku Singh’s father Khanchand Singh passes away after battling stage 4 liver cancer

T20 World Cup: Abhishek, Hardik help India pulverise Zimbabwe by 72 runs; stay in semis race

T20 World Cup: Abhishek, Hardik help India pulverise Zimbabwe by 72 runs; stay in semis race

T20 World Cup: Clinical South Africa hammer West Indies by nine wickets, tighten grip on semifinal spot

T20 World Cup: Clinical South Africa hammer West Indies by nine wickets, tighten grip on semifinal spot

ADVERTISEMENT

editorji-whatsApp

More videos

New Zealand knock out Sri Lanka from T20 World Cup with dominant Super Eight win

New Zealand knock out Sri Lanka from T20 World Cup with dominant Super Eight win

T20 World Cup: India seek answers to top-order worries in must-win Super 8s game against Zimbabwe

T20 World Cup: India seek answers to top-order worries in must-win Super 8s game against Zimbabwe

Ranji Trophy Final: J&K consolidate to 527/6 as sparks fly post Dogra head-butt

Ranji Trophy Final: J&K consolidate to 527/6 as sparks fly post Dogra head-butt

Lucknow Super Giants unveil new logo ahead of IPL 2026 season

Lucknow Super Giants unveil new logo ahead of IPL 2026 season

It was a mistake: Bucknor regrets wrong decision against Tendulkar after 22 years

It was a mistake: Bucknor regrets wrong decision against Tendulkar after 22 years

Pakistan to tour Bangladesh next month for 3-match ODI series

Pakistan to tour Bangladesh next month for 3-match ODI series

Australia captain Marsh says team respects criticism back home for T20 World Cup debacle

Australia captain Marsh says team respects criticism back home for T20 World Cup debacle

Australia tour fiasco: Pakistan government revokes hockey captain Butt's 2-year ban

Australia tour fiasco: Pakistan government revokes hockey captain Butt's 2-year ban

Brevis, bowlers make short work of UAE as SA finish group stage with all-win record

Brevis, bowlers make short work of UAE as SA finish group stage with all-win record

J&K make history, enter Ranji Trophy final for first time in 67 years

J&K make history, enter Ranji Trophy final for first time in 67 years

Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.