OPPO Rs 1079 crore deal India cricket team sponsor- Oppo mobile manufacturer company declared winner to take sponsorship for Indian Cricket Team in bidding Tuesday, 7 March 2017. This company emerged as the highest bidder and booked sponsorship for five years. The deal was done today during 4th day of 2nd Test match between India and Australia today as India won by 75 run in Banglore. Oppo has Paid BCCI Rs. 1079 crore for a five-year deal. On the other hand Vivo mobile was ready to pay 768 crore bid. As per Contract Oppo company has to pay Rs. 4.61 crore per bilateral match and Rs. 1.56 crore for any ICC tournament match. Oppo strikes R1079 crore deal as Indian cricket team sponsor
OPPO Rs 1079 crore deal
- Oppo has paid Rs 1079 crore for a five-year deal, outbidding Vivo mobiles’ Rs 768 crore bid.
- Oppo will pay Rs 4.61 crore per bilateral match and Rs 1.56 crore for an ICC event match. Sahara was the previous highest bidder for Team India sponsorship with Rs 3.34 crore per match.
- STAR India paid Rs 1.92 crore per bilateral match and Rs 61 lakh for an ICC match.
Oppo takes over from April 1
The BCCI had set a base price of Rs. 2.2 crore per game of all the bilateral games and Rs. 70 lakh for every ICC tournament match. In this edition The base price took 15% higher which was Rs. 1.92 crore and Rs. 61 lakh respectively, that amount were being paid by Star India Pvt. Ltd.