BCCI invites bidders for kit contract with Nike on way out
The Board of Control for Cricket in India has today launched an invitation to tender for a new kit supplier.
Under the tender process, the winning bidder will be granted the right to be the kit supplier and/or the official merchandising partner of India’s cricket teams and receive other associated rights.
The BCCI has launched the tender as its current deal with sportswear giant Nike expires in September.
Nike has been the kit supplier to India since 2006 and the last four-year deal was worth around Rs3.7 billion ($49 million).
It has been reported that Nike was not willing to renew its agreement with India on similar terms, meaning the likely end of one of the longest kit partnerships in international cricket.
India have the largest following in world cricket, but there will be doubts over the size of contract the BCCI can command given the impact of the coronavirus pandemic.
Launching the tender, the BCCI stated: “The terms and conditions governing the submission and evaluation of bids including eligibility requirements and performance obligations are contained in the ITT on receipt of payment of the tender fee of Rs. 100,000.”
The ITT period runs until 26 August, 2020.
Interested parties are requested to email firstname.lastname@example.org in order to get further details for acquiring the necessary documents.
The Indian cricket body added: “The BCCI reserves the right at its discretion to cancel or amend the bidding process at any stage without providing any reason. Merely buying the ITT does not entitle the purchaser to bid, but to bid the purchaser must buy the ITT in the name of the person/entity desiring to bid.”
Meanwhile, Cricket Australia is reported to have rejected a A$10 million ($7.1 million) per year offer from fast food giant McDonald’s for naming rights to the Big Bash League, the country’s domestic Twenty20 cricket competition.
Instead, the governing body is thought likely to extend with existing partner KFC.
McDonald's made the offer last week in a bid to displace KFC, which had offered A$8 million per year, according to the Sydney Morning Herald.
However, McDonald's is said to have grown frustrated at not being able to even secure a meeting or present an offer to CA management as the governing body has extended KFC's exclusive negotiating period and reached an in-principle agreement to re-sign with the company.
It is claimed that McDonald’s is believed to have made numerous offers over the last 12 months, but that CA has always favoured a renewal with KFC, its partner for the last decade.
CA sources told the Herald that the yet-to-be-signed new deal is an improvement on the expiring contract believed to be worth in the region of A$6.5 million per year.
CA told the Herald: "KFC is a longstanding partner of ours and loyalty is important to us during times like this.”