Tata IPL 2022 Mega Auction Date Confirmed, Auction to be held on 12th & 13th February

Tata IPL 2022 Mega Auction Date Confirmed: As said earlier, the ongoing week is going to be a huge week regarding the developments of the upcoming IPL 2022. Earlier, the BCCI on January 10th confirmed Ahmedabad's inclusion in the Indian Premier League (IPL) family following weeks of tussle due to the concerns of CVC Capitals betting investments.

Now, in an exclusive development, IPL chairman Brijesh Patel confirmed the dates of the all-important IPL 2022 Mega Auction. Mr Patel on January 11th verified that the IPL 2022 Mega Auction will be a two days affair between the 10 IPL teams.

The Tata IPL 2022 Mega Auction is scheduled in the city of Bangalore on 12th and 13th February, Mr Brijesh Patel confirmed.

He also said that the BCCI has provided two weeks time to the two new teams to select and announce their top three draft picks. A formal letter regarding the same is yet to be dispatched, however, BCCI verbally informed the owners of Ahmedabad and Lucknow.

The two new IPL teams, Lucknow and Ahmedabad, will have to finalise their draft picks on or before January 25th.

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Vivo's exit from IPL's title sponsorship:

The IPL chairman also confirmed the exit of the Chinese Smartphone manufacturer brand, Vivo, from the title sponsorship of the IPL. It was revealed that Vivo had made a request to terminate the deal before the IPL 2022 and BCCI accepted the request.

The Tata Group was inducted into the IPL as its new title sponsor until IPL 2023. The BCCI would earn the same amount that it used to earn from Vivo.

?Vivo has exited and the Tatas will be title sponsors. There was a request from Vivo to exit the IPL sponsorship deal and the GC has approved it. The BCCI will continue to earn the same fee for the title rights,? said Brijesh Patel as quoted by Cricbuzz.

Vivo?s exit from the IPL was anticipated due to the political tensions between India and China. Vivo backed out as IPL?s title sponsor in IPL 2020 and subsequently, Dream11 was roped in by the BCCI for that particular season. Vivo came back as the title sponsor in the recently held IPL 2021 but is no longer in the position to continue the agreement which was scheduled to run until the end of IPL 2023.

The lucrative T20 league, the Indian Premier League (IPL), will now be called the Tata IPL.

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