BCCI Set for ₹500 Crore Boost from New Jersey Sponsors

BCCI Set for ₹500 Crore Boost from New Jersey Sponsors
Source: www.hindustantimes.com

India's new jersey sponsors will have to pay INR 3.5 crore per match, BCCI could earn close to 500 crore more

The Cicket control board in India (BCCI) is preparing for a major revenue growth with its sponsorship agreement in New Jersey. According to reports, the upcoming sponsors of the official jersey in the Indian cricket team will have to pay around 3.5 crore per international match. This scheme can be around $ 500 in BCCIS earnings during the contract period. With a package of international calendar playing in forms with the Indian cricket team, the sponsorship market is still very competitive, which attracts large global and domestic brands. The agreement emphasizes the unmatched popularity and commercial value of Indian cricket worldwide. Broadcasting rights as well as sponsorship are still the largest source of income for boards. This development will further strengthen BCCI's economic dominance and will provide brands a unique platform to reach millions of cricket fans around the world.

The Key points

  • BCCIS New Jersey is a sponsor to pay 3.5 crores per match.
  • Almost in contract price revenue. It is expected to generate 500 crores.
  • The Indian team's busy international program increases the sponsorship appeal.
  • Jersey agreements are considered a premium due to global visibility.
  • Spogen dialect attracts both Indian and international companies.
  • Indian Cricket Fan Base runs a strong brand partnership.
  • The agreement strengthens BCCI's economic dominance in the world cricket.
  • Jersey gives unmatched exposure during the branding.
  • Sponsors gain access to millions of global cricket followers.
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