Indian Premier League (IPL) franchise Rajasthan Royals has extended its title sponsorship deal with Luminous Power Technologies for another 2 years, which will see the brand’s logo feature on the front of the jersey.
While the two companies refused to comment on the value of the sponsorship deal, market sources say that the two-year deal could be worth upwards of ’40 crore. The sponsorship deal for IPL 2023 was worth around ’15 crore.