Last Updated on 4 years ago by Charbel Coorey
Cricket News: Indian broadcasters believe base price for SA20 League is too high | Base price for SA20 League considered too high
Several Indian broadcasting companies have officially expressed their disappointment to Cricket South Africa (CSA) over the high base price of the upcoming SA20 league. The CSA has fixed US$240,000, i.e. Rs 2 crore, as the reserve value for each game in the competition.
The bids will have to be placed for 10 years and there will be an incremental 5 per cent rise over in every campaign. The total base value for a season increases up to US $8 million, i.e. Rs 64 crore, and multiple domestic broadcasters believe it to be a high asking price.
In the Invitation To Tender (ITT), the CSA has called for bids for South Africa’s home international games for the Future Tours Program (FTP) from 2024-31.
Stars Sports, Sony, Viacom, Fancode among the broadcasters in the race to acquire SA20 League Media Rights
The base price for each India game and non-India season is US $7 million and US $3 million respectively. There is a contention over this issue as the board has been asked to unbundle the rights for the SA20 and South Africa’s international games by the prospective broadcasters. Star Sports, Sony, Viacom and Fancode are some of the companies in race to acquire the media rights for the SA20, Cricbuzz reports.
“The number of Teams will not increase in the first 5 (five) Seasons of the League, but may in subsequent Seasons. Subject to that, the number of Matches and the format of the League is not guaranteed and may increase, decrease and/or change in any Season and will be subject to change by ACD from time to time in its sole discretion,” the concerned ITT reads.
There will be 33 games in the first season and 34 matches in the following four years as per the concerned ITT.
This particular ITT is concerned around the India subcontinent region and 3rd October and 12th October are the respective deadlines for seeking clarifications and for the submission of bids. Ex-England and Wales Cricket Board (ECB) chief executive Tom Harrison is overseeing the media rights sale as he has taken over the role of a commercial consultant to SA20.
Six franchises from the Indian Premier League (IPL), namely: Mumbai Indians (MI Cape Town), Chennai Super Kings (Johannesburg Super Kings), Lucknow Super Giants (Durban Super Giants), Delhi Capitals (Pretoria Capitals), SunRisers Hyderabad (Sunrisers Eastern Cape) and Rajasthan Royals (Paarl Royals) will be a part of the inaugural season of the brand-new SA20 set to be initiated early on next year.
