Axed Australian cricket captain Steve Smith is escorted by Police officers as he leaves the O.R. Tambo International Airport in Johannesburg, South Africa March 28, 2018. REUTERS/Siphiwe Sibeko
SYDNEY (Reuters) - The Australian cricket team lost a major sponsor and a host of large companies tore up branding deals with individual players on Thursday as the fallout of a ball-tampering scandal tore into the financial core of the country's favourite pastime.
Fund manager Magellan Financial Group Ltd binned a three-year team naming rights deal, which was only seven months old, while sports apparel giant ASICS Corp and Commonwealth Bank of Australia joined other firms in dropping players caught in the scandal which has shaken cricket.
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