47272, 11.01 PM ‘One fina biasing war ffer IPL TV and OTT rights sold | Criebuzz.com Cricbuze Plus One final bidding war after IPL TV and OTT rights sold “The ITT has been devised and packaged in euch a way that itglves opportunites to the salle players." 6 Getty Aer all rounds of the auction are completed and crores shelled out, the Board of Control for Cricket in india (BCCI) will stil not be done with its money rush from the Indian Premier League (IPL) media rights. There will be more bidding and, probably, ‘more crores, and in the end, there could only be one unfettered winner. CCricbuzz understands that inthe Invitation to Tender (ITT) provisions have been ‘made for the winners of the TV rights to challenge the digital rights holders setting off one final round of e-bidding that will provide an opportunity for one party to ° P porary pany LATEST NEWS: ‘acquire both TV and OTT rights. Similarly, the holders of digital rights can challenge Cul just one entty bag al of IPLs media rights? the winners of Bundle C - a limited non-exclusive package. na way, itis the right to match that was previously seen in the player auction,” me Ccaralina Bathrooms Remodeling ca ... htpsshww cicbuzz.comfericket-news!/121720/one-fna-bidding-war-allr/pLv-and-oltights-slé-cricbuzzcom 7 erred etah Than fomer CEO of Nimbus, yng omala sre ofthe Linprecedented system, *h wil ony escalate the vale of every proparty he said. A =4272, 11.01 PM ‘One fina biasing war after IPL TV and OTT rights sald | Criebuzz.com ‘TV station executive shed more light, saying it may be a way of winning al the A coxa roars properties through one consolidated bid. “Yes, there is no composite bid scheme, Downbeat Ml search for missing spark ater four ‘sraight defeats but all this could be adding up to that," the executive said 308 hopeful that Sri Lanka ‘our will go ahead USA's MLC offer professional ‘and youth contracts ahead of ‘American ercket summer Live Cricket Seore - 08K vs ‘The system of challenge, the BCCI said, isto attain the maximum value in each ROB, Match 22, IPL 2022 category, Hamish Bennett announces "ifthe winners ofthe linear rights want, they will have the opportunity to go for the rotroment ftom a evcket digital rights as well. Ifyou recall last time around, there were individual bids, of TV Gere EI ronag9 and digital, that were very high but the big consolidated offer was more than the ‘sum of others. In such a case, there is no way to find out the real market value of M ‘each property. So, if you go through the details, there is a way for consolidation yet, ‘away to realise the value of each package as well” BCCI treasurer Arun Singh Dhumal explained, "The ITT has been devised and packaged in such a way that it gives opportunities to the smaller players and maintains total faimess and transparency. Some may nat have deep pockets to buy the big packages but this TT ensures their participation either in @ non-exclusive bundle or for international teritories. Someone may be interested only in the UK, Middle East or Australia territories and they can participate. ‘Similarly, someone may not be interested in all 74 games, they can go for the limited pack," Dhumal pointed out. "There are many global players who want to be part of the IPL success story and may not have cricket in their sports portfolio but would want to be part oft in a limited manner to begin with, so this ITT provides them that possibility." ‘This website has learnt that only Bundle A winners can challenge the Bundle B winners, not the other way round, ostensibly because the payout by the former would be more than the latter's. Similarly, the Bundle B winners can challenge the winners of Bundle C. However, one can assume the chances of this happening are remote as the digital rights holders would be paying twice over for those 18 non- exclusive games. ‘The system of challenge may appear complicated but with the ITT document out, htps:hwww cicbuzz.comfericket-news!/121720/one-fna-bidding-war-allripLv-and-oltights-sle-cricbuzzcom 2647272, 11.01 PM ‘One final biasing war afer IPL TV and OTT rights sold | Criebuzz.com the prospective bidders have a right to seek clarifications. Past record shows that the BCCI has been open to any course correction. The whole exercise - with Rs 49 crore base price for TV rights, Rs 33 crore for digital, Rs 16 crore for 18 non- exclusive games and Rs 3 crore for rest of the world rights may take a couple of days, or more, once the e-auction is set in motion on June 12. © crieburz TAGS RELATED STORIES Downbeat Ml sear for Live Cricket Score - 68K vs missing spark ster four sight ROB, Match 2, PL 2022 dotosis \Wiliamson, Pooran hand GT 8K eye caletve ttn form their frst defeat of PL 2022 against soled RCB Think ve got my best years left Dean Elgar Its team game which we often forget: Ashwin "IesTime You Reunite Eva Tips FremAProfessional Astrology 101: The Best ‘Braun With Her Fuh Stylist On How To Look Boytiend Fer Your Sign ‘Ae Herbenty Ae Herbonay 1g Heroenty ‘9 Unexpected Physical Tate Keep Your Skin Flawless With Guu yif6 cheb ay TUS Men Secretly Look Forin.. 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