IPL 2024-28: BCCI Sells Title Sponsorship Rights To TATA Group For Rs 2500 Crores

IPL 2024: The Board of Control for Cricket in India (BCCI) on Saturday sold title sponsorship rights for the Indian Premier League to the TATA Group for the next five years. The Tata Group made a groundbreaking deal with the BCCI for Rs 2500 crore, making it the highest-ever sponsorship amount in the history of the Indian Premier League.

TATA Group had previously held the title sponsorship rights for the IPL in 2022 and 2023, and it also serves as the title sponsor for the Women's Premier League, the largest women's T20 league globally.

On this big deal, BCCI Secretary Jay Shah of BCCI said: "We are elated to announce the partnership with the TATA Group as the Title Sponsors of the IPL. The league has transcended borders, captivating audiences worldwide with its unmatched blend of skill, excitement, and entertainment. Similarly, the TATA Group, rooted in India, has emerged as a symbol of excellence, making its mark across diverse global sectors. This collaboration embodies the spirit of growth, innovation, and a mutual dedication to excellence. The unprecedented financial commitment reflects the immense scale and global impact of the IPL on the international sports stage."

IPL Chairman Arun Singh Dhumal said: "The collaboration with TATA Group for the title sponsorship of IPL 2024-28 is a significant milestone in IPL's journey. The record-breaking sum of INR 2500 crore by TATA Group is a testament to the immense value and appeal that the IPL holds in the world of sports. This unprecedented amount not only sets a new benchmark in the history of the league but also reaffirms the IPL's position as a premier sporting event with global impact. TATA Group's commitment to cricket and sports is truly commendable, and we look forward to scaling new heights together and providing fans with unparalleled cricketing entertainment."