IPL team Mumbai Indians is mighty close to finalise a record sponsorship deal with telecom giant Idea Cellular worth between $2 & 3 million for the 2nd season of IPL.
"We have almost finalised the deal. It is the biggest in the Indian premier league so far," a Mumbai Indians spokesperson said.
The MI spokesperson said that the deal, if and when signed, would be worth $2 million for preliminary matches played by Mumbai Indians and would go up to $3 million if the team reaches the semi finals and final.
However, a spokesperson for Idea said it was too early to give details about the proposed deal with Mumbai Indians.
"We are still at the negotiation stage and it's premature to talk about figures", he said.
Meanwhile, the Reliance Industries-owned Mumbai Indians team is continuing its negotiations with the Cricket Club of India to play all its home matches at the Brabourne Stadium, the Mumbai Indians spokesperson explained.
"We are still in talks with the CCI authorities and the response has been quite positive. We don't want to say anything more at this point", he said.
If the talks are successful, MI would play all their seven home matches at the Brabourne Stadium in South Mumbai.
In the first (2008) IPL Season, their home matches were split between the Wankhede Stadium and D Y Patil Stadium.
Friday, March 13, 2009
Mumbai Indians May Strike a Record Sponsorship Deal with Idea Cellular for IPL
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