Mumbai/IBNS: The Governing Council of the Indian Premier League (IPL) has invited bids to acquire the media rights for the Indian Premier League seasons 2023-2027 through a tender process.
The detailed terms and conditions governing the tender process including eligibility requirements, process for submissions of bids, proposed media rights packages, and obligations, etc. are contained in the 'Invitation to Tender (ITT) which will be made available on receipt of payment of non-refundable fee of Rs. 25,00,000 plus any applicable Goods and Services Tax.
The ITT will be available for purchase till May 10, 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.
It is clarified that merely purchasing this ITT does not entitle any person to bid.