JSK make the opening bid at R175,000, as Royals enter the race too. The bid races away beyond R800,000, even touching R1m with seconds. JSK lead the way at R2.1m, as Royals keep it ticking.
The competition heats up between the two, with JSK leading at R3.9m. Royals don't give up too, taking it up to R4.4m. The bid goes beyond R5m, with Royals into some thought now. Royals make it R5.4m, but give up after that. Capitals join in after JSK make it R5.5m, but they won't be able to buy other remaining players if they go so far ahead with Ferreira.
The rules say that every team must have 17 players. Both Royals and Capitals have limited purse and many more spots to fill. So, if they are allowed to bid further for Ferreira, they can't fill their 17 slots. There is a two-minute break announced to clarify matters. So JSK take Ferreira for R5.5m.
Cricbuzz has learnt that the CSA and SA20 authorities have had talks with all the Indian broadcasters - Star, Sony, Zee, Viacom and Amazon among others included - but could not find anyone interested in a deal to their expectations. Some Indian broadcast officials, who spoke to them, have revealed that their impression of the CSA expectation was for a deal broadly to the size of Zee's contract with the Dubai league (ILT20), which is $ 120 million for 10 years, or 12 million for a season. The Indians broadcasters' valuation is not anywhere close to that price
If they combine the rights deal then expect Viacom to go for it in a big way as that will get them both International cricket as well as T20 league rights
If they combine the rights deal then expect Viacom to go for it in a big way as that will get them both International cricket as well as T20 league rights
I think Viacom not go for the rights due to absence of India players in the league/one International tour of India in four year. They should buy BCCI rights in E-auction.
Lol. They have to afford it to broadcast or stream.. Indian companies stayed out because the base price for Indian games and SA20 is pretty rediculous.. They are valuing the tournament @8 - 10 million US$ with 5% increase in value every season, which is almost the same that Zee paid for global rights of ILT20 if not more. That's the reason.. They will come down a bit and someone will snatch them up before the tournament starts... Not a great look especially with IPL franchises involved if they can't get big broadcasters especially in the cricketing crazy country.