(ESPNCRICINFO) – The exit of the Vivo as IPL’s title sponsor for the 2020 season is a “blip” according to BCCI president, Sourav Ganguly, and not a “financial crisis”.The title sponsorship is a significant part of the IPL’s commercial revenue, part of which is shared by the eight franchises. In 2015, Vivo replaced Pepsico, who pulled out as IPL’s title sponsors two years before the contract ended. In 2017 Vivo formally bagged the IPL title sponsorship until the end of the 2022 season, paying nearly USD 241 million.While the BCCI is yet to announce how it would find a replacement for Vivo for the 2020 IPL which begins on September 19, Ganguly said the board was well prepared to handle the situation.“I wouldn’t call it as a financial crisis,” Ganguly said while speaking during a webinar on Saturday, organised by Learnflix, an education app in India. “It’s just a little bit of a blip. And the only way you can do it is by being professionally strong over a period of time. Big things don’t come overnight. And big things don’t go away overnight. Your preparation for a long period of time gets (you) ready for losses, gets you ready for successes.“You keep your other options open. It is like Plan A and Plan B. Sensible people do it. Sensible brands do it. Sensible corporates do it. BCCI, it’s a very a strong foundation – the game, the players, the administrators in the past have made this game so strong that BCCI is able to handle all these blips.”Ganguly also touched briefly on the ICC’s decision on Friday to retain India as hosts for the 2021 men’s T20 World Cup. “India was designated (to host) the 2021 and 2023 World Cups, so there is not a big change in that. Yes, the Covid situation had kept everybody alarmed, but that’s the way it is.”
Jason Perkins of Phoenix receives his PBA Rookie of the Year trophy during the PBA Leo Awards on Sunday, January 13, 2019, at Philippine Arena in Bocaue, Bulacan. Photo by Tristan Tamayo/INQUIRER.netMANILA, Philippines—Phoenix forward Jason Perkins was named Rookie of the Year for the 2017-18 PBA season edging Kiefer Ravena, Christian Standhardinger, Paul Zamar, and Jeron Teng.Perkins had the most total points of any rookie with 436 but was third in per-game scoring average with 12.1 across 36 matches.ADVERTISEMENT Ginebra beats Meralco again to capture PBA Governors’ Cup title MOST READ Roger Federer to talk with Novak Djokovic about ATP board woes View comments Will you be the first P16 Billion Powerball jackpot winner from the Philippines? LATEST STORIES He also averaged 6.6 rebounds and 1.5 assists in the season.The burley 6-foot-3 forward helped the Fuel Masters to a cumulative 17-19 record including an 8-2 card in the Governors’ Cup wherein the club reached the quarterfinals before losing to Meralco.FEATURED STORIESSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSJapeth Aguilar wins 1st PBA Finals MVP award for GinebraSPORTSGolden State Warriors sign Lee to multiyear contract, bring back ChrissRavena led all rookies in terms of points-per-game with 16.3 but NLEX’s star freshman was ineligible to win the award after he failed to play in the third conference in lieu of his Fiba-sanctioned 18-month suspension for doping.Standhardinger, the top overall pick of the 2017 Draft, averaged 16.07 points and 9.26 rebounds but was also not allowed to win the plum since he missed the whole Philippine Cup as he was still playing with Hong Kong Eastern in the ASEAN Basketball League. Tom Brady most dominant player in AFC championship history Philippine Army to acquire MANPADS, self-propelled howitzers Japeth Aguilar wins 1st PBA Finals MVP award for Ginebra Ginebra beats Meralco again to capture PBA Governors’ Cup title Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award Gretchen Barretto’s daughter Dominique graduates magna cum laude from California college Sports Related Videospowered by AdSparcRead Next Nadine Lustre’s phone stolen in Brazil In fight vs corruption, Duterte now points to Ayala, MVP companies as ‘big fish’ Don’t miss out on the latest news and information.