Vivo Back As IPL 2021 Title Sponsor
Brijesh Patel, the former India batsman and IPL governing council chairman, affirmed on Thursday that VIVO is back as the title sponsor for IPL 2021.
The Board of Control for Cricket in India (BCCI) and Vivo announced last year that the VIVO would not be the title sponsor for the Indian Premier League’s 2020 edition, which was played in the United Arab Emirates (UAE)
The title sponsorship frames a critical part in the IPL's income offering consent to the franchises; half of the title sponsorship cash goes to the eight franchises. It is seen each franchise procures over INR 20 crore (US$ 2.7 million approx.) each year from the title sponsorship.