Big global brands like Nike still work with sports, but IPL sponsorship has become extremely expensive and highly competitive. Many IPL teams now prefer partnerships with betting-related platforms, fantasy sports apps, fintech companies, or large Indian brands that are willing to spend aggressively for visibility. At the same time, Nike often focuses more on long-term athlete deals, football, basketball, and national teams rather than multiple IPL franchise sponsorships.
Another reason is that sportswear sponsorship in IPL is already dominated by brands like Puma, Adidas, and Indian companies competing for merchandising and apparel rights. Honestly, it is less about Nike avoiding IPL and more about changing business strategies, sponsorship costs, and where brands think they will get the best marketing returns today.
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