Logo of upcoming IPL 2020 featuring title sponsors Dream11 revealed

The Indian Premier League (IPL) on Thursday revealed its logo for the upcoming 2020 season featuring title sponsors Dream11.

The IPL shared the logo as a story on its Instagram handle with the hashtag "#Dream11IPL."

Dream11 emerged as the highest bidder for the IPL 2020 title rights on Tuesday. Already a partner of the BCCI, Dream11 outbid education-technology platforms Byju's and Unacademy to win the race.

Defending champions Mumbai



Indians also shared the logo on their Instagram handle.

"Now taking guard, #Dream11IPL," they said in the caption.

According to sources, Dream11 wanted to have a three-year deal with IPL but the board was 'uninterested'.

"BCCI had said that this will be a one-year deal but Dream11 wanted to have it for three years. Dream11 has offered Rs 222 crore for this year, Rs 240 crore for the next year and Rs 240 crore for the third year," sources said.