Vivo deal as well as that of Star broadcast rights contract for Indian cricket, worth Rs 3270 crore a year, meant IPL revenue pool went up and the franchises began making a profit upward of Rs 150 crore each season. Industry experts said while BCCI will be able to find a sponsor for IPL at such short notice, the deal may not be as lucrative. Won get a sponsor to cover the Rs 440 crore Vivo would have paid, said Lloyd Mathias, marketing and business strategist and former Asia marketing head of HP.
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