Font Size -

IPL agrees $50 million title deal

Reuters

Posted: Feb 13, 2008 at 1924 hrs IST

Mumbai, February 13:: The Indian cricket board's official Twenty20 League (IPL) has secured five-year title sponsorship rights worth over $50 million ahead of its launch in April, organisers said on Wednesday.

Indian real estate developer DLF won the deal with a bid of Rs 2 billion.

"We had a minimum bid price of 125 crore. We are very happy with the bid we got," IPL Chairman Lalit Modi said.

The IPL, expected to involve many of the game's top players, is an effort to counter an unofficial Indian Twenty20 league that began late last year.

The 44-day IPL starts on April 18 and will feature eight franchises in its inaugural season.

"At DLF, we always emphasise on nurturing and recognising talent and this is one more achievement towards nurturing professional talent for the game of cricket in this country," Rajeev Talwar, group executive director, DLF Limited, said in a statement.

Organisers announced last month they had secured a 10-year rights contract worth more than $1 billion. Television rights were worth $918 million, with another $100 million for the league's promotion.

More than 80 international cricketers are expected to feature in a players' auction in Mumbai on Feb. 20 with each franchise having a cap of $5 million.

Print Email To Editor

Digg

Digg

On Digg, users share intersting online content by submitting links to the site. At that point, the Digg audience can vote on whether or not they think it is interesting. Articles with lots of votes, or "diggs," rise up higher on the site's main page and topical subsection pages. Another form of social sharing, this site also lets users categorize the content they are submitting to Digg and label it with descriptions of up to 350 characters. Digg users can also submit comments on each content item submitted to the site.

To register, go to: http://digg.com/register

Yahoo

My Yahoo

My Yahoo
My Yahoo allows to cache all text on a page, store a thumbnail view. It also allows both categorization (folders) and tagging of each bookmark.
To register, go to: www.yahoo.com

Fark

Fark

This site is a massive compilation of articles and news submitted by users all around the globe. All the submitted links are available for TotalFark subscribers.
To register, go to: www.fark.com

del.icio.us

del.icio.us

At its most basic level, del.icio.us allows users to save their bookmarks online. Del.icio.us also gives users the ability to "tag" their bookmarks with descriptive category names. For example, someone who has bookmarked multiple Web pages that deal with the Washington Nationals baseball team could tag those links with any terms they want, like "baseball," "nationals," "natsfan," etc.

As members of a "social bookmarking" community, del.icio.us sers can also see how many other people have bookmarked the same pages, and they can look at those users' bookmark collections to find other interesting online content.
To register, go to: http://del.icio.us/register

Newsvine

Newsvine

Users can write articles on current news events, save links to external content; vote, comment and chat on article pages created by both users and by journalists.
To register, go to: www.newsvine.com.

Reddit

Reddit

Reddit allows users to submit news articles and other online content to the site. Users also give articles a thumbs-up or thumbs-down. Reddit then uses those votes to build a user profile and to find articles to recommend to you. Users can also submit comments on items posted to the site.

To register, go to: http://reddit.com/login

Rate this article

Post Comment :

Name	*	Message *
Email ID	*
Subject	*

TERMS OF USE:
The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).

I agree to the terms of use.

MOST READ

Aus vs WI: Nathan Lyon\'s 5/68 puts Australia in charge

IPL 5: CSK look to bounce back against Pune Warriors

Foul language warning for Deccan Charger\'s Amit Mishra

Knights bank on their batsmen

Beyond the C-Cup

IPL agrees $50 million title deal

Reuters

expresscricket	Web