Dream11 IPL 2020- Location, Sponsors, Logo, Squads, Prize Money- PitchHigh
Posted: Oct 11, 2020
Indian Premier League (IPL) is a 20–20 professional cricket tournament in India held annually in March or April and May by eight teams representing eight different cities in India. The tournament was established by the Board of Control of Cricket in India (BCCI) in the year 2008. The Indian Premier League has an exclusive window to ICC Future Tours.
The IPL Cricket Championship is the most active cricket tournament in the world. In 2014 it was ranked 6th by average attendance among all sporting tournaments. In 2010, IPL became the first sporting event in the world to be broadcast live on YouTube. The IPL brand value in 2019 was 475 billion ($ 6.7 billion), according to Duff & Phelps.) According to the BCCI, the 2015 IPL season contributed 11.5 billion ($ 160 million) to the economy’s GDP. India.
There have been twelve IPL Championship seasons. The current holders of the IPL are the Mumbai Indians, who have won the 2019 season. The 2020 season venue has moved due to the ongoing COVID-19 pandemic; The Games will now take place in the United Arab Emirates from September 19 to November 10.
IPL 2020: Dream11 acquired the title sponsorship of IPL 2020
Title sponsor of IPL 2020
Dream 11 the fantasy gaming platform has won the IPL 2020 title sponsorship rights on Thursday with a winning bid of 222 crores. Dream 11 by winning against BYJUs (201 crores) and Unacademy (170 crores) took the winning place in IPL 2020.
What do you mean by Dream 11?
Dream 11 is an Indian online gaming outlet which allows users to play trending games such as cricket, football, hockey, basketball and many more. It updates it's gaming variations to a fantasy world. Dream 11 is the first Indian gaming platform to enter the 'Unicorn Club' in April 2019. Dream 11 founders are Harsh Jain and Bhavit Sheth.
Is Dream 11 Chinese app company?
BCCI has announced that Dream 11 is not a Chinese company though it has single-digit Chinese investment which can be resolved internally. Dream 11 is an Indian company whose Founder is Harsh Jain and Bhavit Sheth. All the tax goes to the Indian government. Fake rumours were spread online when the Indian government had banned 59 Chinese apps. Dream 11 headquarter is based in Mumbai.
Sponsorship detail by IPL 2020
Brijesh Patel the governing council of IPL has confirmed the sources that Dream 11 has awarded the title sponsor of IPL 2020 and the sponsorship amount is 222 crore. The IPL sponsorship is valid for four and the half months, which will end on December 31 at the end of 2020.
In 2018, Vivo obtained the sponsorship for 2,199 crores is 51% of which Dream 11 will pay.
Dream 11 sponsorship will last till December 31 of this year.
Anti Corruption Unit (ACU) showed the Dream 11 logo on players kit.
Live streaming by Dream 11 and Fancode which are the element of Sports group.
ACU enquiry found the fake link on T20 league.
Chinese company Tencent's investment in Dream 11 is less than 10 per cent by BCCI insiders.
IPL 2020 from September 19 will be held in UAE due to COVID-19.
Tata group did not place there final bid in IPL 2020.
Fee structure of IPL sponsorship from 2008 -2020 per year.
IPL is the most-watched sport on Earth. It has broken many records. Sixth place in the sporty league and most viewed sports on YouTube in the year 2010. IPL has helped in the economic growth of India.
1.DLF (2008-12) - 40 crore.
In 2008 DLF company won the title sponsorship.200 crore deal was signed for 5 years.DLF blackout in 2012 and did not signer the deal with IPL and told media that IPL is searching for some new platforms.
2. Pepsi (2013-15) - 79.2 crore.
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