Star India asks BCCI for discount in current deal: Reports
Byju's asks cricket board to encash bank guarantee
Star India, which holds home season cricket media rights, has asked the BCCI for a Rs 130 crore discount in the existing deal, according to media rights. Also, jersey sponsor Byju's, which has opted out, wants the cricket board to encash bank guarantee worth an estimated Rs 140 crore to honour the current agreement.
The BCCI top brass reportedly deliberated on the two subjects in a meeting on Monday.
Star, which had paid Rs 6138.1 for India's international and domestic cricket rights for the 2018-2023 period, has asked for an approximate Rs 130 crore discount in the existing deal, as per the reports.
"The issue was discussed at length but the board is yet to take a final call on it," the reports quoted a BCCI source as saying.
Byju's, in November informed the BCCI its decision to exit as the jersey sponsor of the Indian cricket team but the board asked the edtech company to continue until at least March 2023.
