IPL Trophy © IANS
IPL Trophy © IANS

Mumbai: The Board of Control for Cricket in India (BCCI) has invited `expressions of interest’ for the Indian Premier League (IPL) partner rights. ”The BCCI invites third parties to indicate their interest in acquiring any of the following rights: IPL Official Partner Rights, IPL Strategic Time Out Partner Rights and IPL Umpire Partner Rights,” a media release said today.

The rights are available for a minimum three-year term. ”No more than one third party will be granted rights in relation to each Product Category,” it said. The Board “intends (but shall not be obliged) to appoint up to a maximum of six Official Partners, one Strategic Timeout Partner and one Umpire Partner”, it added.

The BCCI is set to earn a whopping INR 55 crores IPL’s upcoming seasons. The board will reportedly increase their wealth by INR 23.3 lakhs from every ball bowled in IPL. All this is based on Star India’s breathing take deal of INR 16,435 crores for IPL media rights.

Nonetheless with Star’s deal, the amount will square upto around 182 per cent hike for BCCI; or nearly thrice the amount from their previous earnings.