Puma buys Team India kit sponsorship document, Adidas too could enter fray

German sports apparel and footwear major Puma could be the frontrunner in bagging the Indian cricket team's kit sponsorship rights while rival Adidas could also enter the fray. However, it couldn't be confirmed whether Nike would re-bid after refusing BCCI's scaled down bid offer from their Rs 370 crore (plus 30 crore royalty), which they paid from 2016 to 2020.

"I can confirm you that Puma has bought the ITT (Invitation to Tender) document worth Rs 1 lakh. While buying bid document doesn't mean one is bidding, Puma has shown genuine interest in submitting a bid," a senior BCCI official told PTI on conditions of anonymity.

It is learnt that Adidas too has shown interest but whether it will be bidding for the sponsorship rights is still not known.