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Ganguly renews Percept contract

Sourav Ganguly has renewed his contract with Percept D'Mark for the next five years and the deal is believed to be in the region of Rs 50 crore

Sourav Ganguly has renewed his contract with Percept D'Mark for the next five years and the deal is believed to be in the region of Rs 50 crore. The agreement meant that Percept D'Mark will take care of Ganguly's endorsements, appearances, interviews and promotional campaigns till 2008.

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The finalisation of the deal ends a contractual row between the Ganguly and the company that cropped up during their three-year association from 2000. Percept D'Mark's CEO, Sanjay Lal, declined to share financial details of the agreement in the course of a conference at Bangalore. However sources said the deal is in the region of Rs 50 crore.

Ganguly admitted that Nimbus had approach him with a deal, but conceded "we decided to continue with this commitment. This association till 2008 will be till I finish my career." This however was not a reference to his retirement and Ganguly pointed that even in 2008 he could renew the contract.

India