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Update Dream11 wanted three-year deal with IPL, but BCCI sticks to one

The Board of Control for Cricket in India (BCCI) and Dream11 have finally agreed to a conclusion after a long meeting on Wednesday that the fantasy sports platform will be the title sponsor of IPL 'for this year only'.

According to sources, Dream11 wanted to have a three-year deal with IPL but the board was 'uninterested'.

"BCCI had said that this will be a one-year deal but Dream11 wanted to have it for three years. Dream11 has offered Rs 222 crore for this year, Rs 240 crore for the next year and Rs 240 crore for the third year," sources said.

"But the BCCI said that after the Covid-19 pandemic gets over, they are expected to get a good amount next year, so can't commit for the future. The board also said if Vivo backs out again, then Dream11 will be given the first preference.

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