BCCI planning to release IPL tender
BCCI Secretary Jay Shah said the board is planning to release IPL tenders for the 2023-2027 cycle as soon as next week, according to media reports.
Shah stated that the IPL e-auction would be finished in two months and that the valuation will reflect the league's expansion.The BCCI is also investigating other processes for granting bids, according to the cricket body's secretary.
The BCCI planned to release the tender for the IPL media rights in February, and the e-auction would take place 45 days after the offer was floated. The BCCI will hold an e-auction for the media rights for the second time. The value of the cash-rich league for the next five-year rights cycle is expected to skyrocket, according to industry analysts, because the competitive intensity will be higher than in a closed bidding procedure.